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

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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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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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Brussels plant kicks off production for the new Audi Q8 e-tron

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Around 160,000 units of Audi’s first electric model have been delivered since 2018. From 2025, production at all Audi plants will be carbon neutral as part of the company-wide environmental program Mission:Zero. The companies that supply the battery cells are obliged to use only renewable energy sources for production.

Audi 195
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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 plant is highly efficient and has a CO 2 -neutral energy supply.

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? In May 2019 production of the EQC (combined power consumption: 21.5

Mercedes 259