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Alstom and MOL to explore use of hydrogen technologies for rail transport in Hungary

Green Car Congress

Alstom and MOL, Hungary’s leading oil and gas company, have signed a Memorandum of Understanding to structure cooperation in examining the use of hydrogen technology in rail transportation. As part of its National Hydrogen Strategy, Hungary has been investigating the feasibility of introducing hydrogen technology to rail transportation.

Hungary 334
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Hungary expects $3B in unutilized Chinese language auto business funding

Baua Electric

Hungary is anticipating 3 billion euros ($3.3 billion) in unutilized Chinese language investments within the automobile sector, additional boosting the central Ecu public as a regional heart within the transition to electrical mobility, International Minister Peter Szijjarto mentioned.

Hungary 52
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Plug In America joins global alliance

Plug in America

Last week, 37 electric vehicle (EV) driver associations from 26 countries, including Plug In America, joined forces to create the Global EV Drivers’ Alliance, building a worldwide EV community. The Alliance released this video to promote awareness of the Alliance. “We We can already see the EV growth; more than 3.24

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BYD EV plant in Mexico under consideration

Teslarati

The Chinese automaker aims to expand its global presence and sees Mexico as an excellent place to reach its goals. He added that overseas production is essential for an international brand. BYD is steadily strengthening its global presence. Latin America is BYD’s next target. Mexico seems to be BYD’s next stop.

Mexico 86
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Schaeffler introducing 4in1 electric axles for EVs

Green Car Congress

Heat is a scarce and valuable resource in electric cars, which do not have the waste heat from internal combustion engines for heating the interior, for example. In September 2021, production started at its plant in Szombathely, Hungary. The company is therefore entering a new market segment for electric axle drives.

Electric 369
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BYD sells over 3 million NEVs in 2023, electric car sales close gap to Tesla | Autocar Professional

Baua Electric

Chinese automaker BYD has concluded 2023 with record-breaking sales, which surpasses the 3 million annual sales target and retains its position the global new energy vehicle (NEV) sales champion, for the second year in a row. This year also marks BYD being listed among the global top 10 of car sales for the first time.

BYD 52
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Audi begins construction of first North American plant

Green Car Congress

r (Hungary); Bratislava (Slovakia); Changchun (China); Aurangabad (India); Martorell (Spain); and Jakarta (Indonesia). In this way, we are strengthening our international competitiveness and consistently pursuing the Audi growth strategy. Annual production capacity will be up to 150,000 units.

Audi 273