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

Green Car Congress

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

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

Green Car Congress

In Germany the smart brand is the market leader among all-electric vehicles in the first quarter of 2018. The smart plant in Hambach will become a part of our global compact car production network with the lead plant Rastatt, Germany. In the next few years, Mercedes-Benz Cars will invest €10 billion (US$11.8

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. Future EQ models can be integrated in the series production of existing Mercedes-Benz plants on four continents. Ten billion euros (US$11.2

Mercedes 186
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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. Global battery production network.

Mercedes 259
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Diesel new vehicle market share in Europe in February dropped to 39.5%; SUVs still driving growth

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million units registered in Europe in 2018 so far, according to figures from JATO Dynamics. This growth can be attributed to key markets such as Germany, Spain and France, as well as five other markets (Croatia, Greece, Hungary, Estonia and Luxembourg), which posted double digit growth. percentage points in February.

SUV 186