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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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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. The market share of diesel vehicles fell to 39.5% compared to the same month last year, meaning SUVs accounted for 33% of the total market in February. This meant that one in every three cars registered in February 2018 was an SUV.

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

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BBAC), launched EQC production for the local market in China. As with the EQC from Bremen and Beijing and the EQV from Vitoria, which are already on the market, the fully electric models at the Rastatt plant run on the same production line as compact vehicles with conventional and hybrid drives. electric portfolio of the two plants.

Mercedes 259
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Mercedes-Benz to invest ~€500M to produce electric compact EQ model at Hambach plant

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In Germany the smart brand is the market leader among all-electric vehicles in the first quarter of 2018. Further locations for future EQ models of Mercedes-Benz are the Mercedes-Benz plants Rastatt (Germany), Sindelfingen (Germany), Tuscaloosa (US). The preparations for the new model in Hambach will start shortly.

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.

Mercedes 186
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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