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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

Green Car Congress

Samsung SDI has decided to use Hungary as its Li-ion battery production base in Europe. The new facility in Hungary will enable Samsung SDI to establish a global triangular production structure along with existing plants in Ulsan, Korea and Xian, China. —Executive Vice President Jeong SehWoong.

Hungary 150
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Benchmark Minerals: Europe’s EV gigafactory capacity pipeline to grow 6-fold to 789.2 GWh to 2030

Green Car Congress

Europe has become the fastest growing region for new electric vehicle (EV) lithium-ion battery capacity outside of China, according to Benchmark Minerals. Samsung SDI (Hungary): 20 GWh. SK Innovation (Hungary): 7.5 million EVs. Northvolt (Sweden): 16 GWh. Envision AESC (UK): 1.9GWh. LGES(Poland): 67 GWh.

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

Green Car Congress

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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European car market logs best year for alternative fueled vehicles, lowest diesel share since 2001

Green Car Congress

The European car market remained stable during 2018, as 15.6 million vehicles were registered—just 346 more than in 2017— according to JATO Dyanmics. Throughout 2018 we continued to see the effects of the diesel crisis, as announcements of policy changes by governments led to confusion and panic among consumers.

2001 207
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Mercedes-Benz to invest ~€500M to produce electric compact EQ model at Hambach plant

Green Car Congress

Mercedes-Benz Cars is expanding its production capacities for electric cars in Europe. The Hambach plant in France, which currently produces smart brand electric vehicles, will produce a compact electric car of the new product and technology brand EQ. From 2020, the brand smart will only offer electric vehicles.

Mercedes 207
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Mercedes-Benz will be producing 8 all-electric EQ models in 2022

Green Car Congress

In 2022, Mercedes-Benz’ global portfolio will include eight all-electric Mercedes-EQ models. The global Mercedes-Benz production network is ready for the company’s electric product offensive and is integrating its Mercedes-EQ models into series production in its existing plants. solutions.

Mercedes 259