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SK On signs MOU with Global Lithium Resources to bolster key battery materials supply chain

Green Car Congress

South Korea-based SK On (SKO), a global EV battery manufacturer, signed a Memorandum of Understanding (MOU) with Australia’s Global Lithium Resources to explore future business opportunities together in regard to stable supply of lithium. Incorporated in 2018, Global Lithium was listed on the Australian Stock Exchange last year.

Supplies 259
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Samsung SDI building Li-ion battery plant in Hungary; global triangular production structure

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Samsung SDI has decided to use Hungary as its Li-ion battery production base in Europe. The new battery plant will be built in Goed, north of Budapest in a 330,000 m 2 site, using existing facilities previously used for display production. —Executive Vice President Jeong SehWoong.

Hungary 150
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Alstom and MOL to explore use of hydrogen technologies for rail transport in Hungary

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As part of its National Hydrogen Strategy, Hungary has been investigating the feasibility of introducing hydrogen technology to rail transportation. Alstom is a pioneer of hydrogen technology, having introduced the Coradia iLint to the German market in September 2018 ( earlier post ).

Hungary 334
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Benchmark Minerals: Europe’s EV gigafactory capacity pipeline to grow 6-fold to 789.2 GWh to 2030

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Europe has become the fastest growing region for new electric vehicle (EV) lithium-ion battery capacity outside of China, according to Benchmark Minerals. Benchmark will explore this topic at its upcoming Battery Megafactories Europe 2022 , 22-23 March, Berlin, Germany.). Samsung SDI (Hungary): 20 GWh. million EVs.

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Mercedes-Benz Cars invests €1B in new “Full-Flex” car plant in Hungary; Factory 56 applied to full plant

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Mercedes-Benz Cars is starting construction of its first “Full-Flex Plant“ in Kecskemét, Hungary, about 90 km in the south of Budapest. With an investment of one billion euros, we are building in Hungary the first ‘Full-Flex Plant’ in the global production network of Mercedes-Benz Cars.

Hungary 150
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Audi Brussels to produce exclusively e-tron quattro SUV, battery packs; A1 production moving to Spain

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As of 2018, Audi Brussels will produce exclusively the commercial version of Audi’s e-tron quattro battery-electric SUV ( earlier post ). The plant will also produce its own battery packs. The Audi Q3, currently produced in Spain, will be built in Győr (Hungary) in the future.

Spain 150
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Mercedes-Benz to invest ~€500M to produce electric compact EQ model at Hambach plant

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In 2007 smart launched a battery-powered vehicle as a pioneer in e-mobility and has been producing electric smarts in series since 2012. In Germany the smart brand is the market leader among all-electric vehicles in the first quarter of 2018. In the next few years, Mercedes-Benz Cars will invest €10 billion (US$11.8

Mercedes 207