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

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SK On ranked ninth in terms of global EV battery market share in 2019, but has shot up to fifth this year. The company, which supplies batteries to automakers including Ford, Hyundai and Volkswagen, currently operates seven factories in the United States, Hungary, China and South Korea and is currently in construction of seven more plants.

Supplies 259
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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. Overall, the company is investing €1 billion in the new car plant and creating more than 2,500 jobs. The company is now transferring the blue print of “Factory 56” to a complete factory.

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

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The company assumes that unit sales of electric models will represent a share of somewhere between 15 and 25 percent of total Mercedes-Benz sales by 2025. In Germany the smart brand is the market leader among all-electric vehicles in the first quarter of 2018. From 2020, the brand smart will only offer electric vehicles.

Mercedes 207
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Mercedes-Benz Rastatt plant to produce compact electric EQ vehicles; 3rd center of competence for EQ models in Germany

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Mercedes-Benz announced that its Rastatt plant—the company’s lead plant in global production of compact cars—will produce compact-class electric EQ models in the future. The decision is based on a declaration of intent, which the company has set up with the works council. Earlier post.). Earlier post.)

Mercedes 186
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Mercedes-Benz will be producing 8 all-electric EQ models in 2022

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With the production launch of the electric compact SUV EQA at the Rastatt plant (Germany) and the current decision to locate EQB production in the Hungarian plant in Kecskemét, the company is taking further important steps toward making its product portfolio CO? BBAC), launched EQC production for the local market in China.

Mercedes 259
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Mercedes-Benz prepares car production network for new electric portfolio

Green Car Congress

Mercedes-Benz is aligning its global production network to manufacture its reshaped product portfolio focused on luxury electric vehicles as the brand prepares to go all electric by the end of the decade—wherever market conditions allow. It makes it possible to adjust production at short notice according to market demand.

Mercedes 195