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BMW Group to invest more than €2B in Hungarian plant Debrecen by 2025; new high-voltage battery assembly

Green Car Congress

The BMW Group is building a high-voltage battery assembly for the vehicles of the NEUE KLASSE at its site in Hungary. The battery assembly will be located on the site of the Debrecen vehicle plant, which started construction about six months ago. All batteries for the vehicles from Plant Debrecen will be assembled on site.

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BMW Group announces local production of NEUE KLASSE in China from 2026, new gen 6 battery plant

Green Car Congress

The high-voltage batteries required for this will likewise be manufactured locally. The virtual ground-breaking for a new assembly site for high-voltage batteries also took place as part of the anniversary celebrations. Rendering of the future high-voltage battery assembly in Shenyang. BBA is investing RMB 10 billion (US$1.4

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T&E: two-thirds of European battery production at risk as companies weigh investing in US instead

Green Car Congress

More than two-thirds (68%) of lithium-ion battery production planned for Europe is at risk of being delayed, scaled down or cancelled, according to new analysis by the European NGO Transport & Environment. Battery production capacity equivalent to 18 million electric cars—1.2 Europe must act or risk losing it all.

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Mercedes-Benz expands battery supply partnership with CATL

Electric Cars Report

Mercedes-Benz is taking another step to scale up development and production of next-generation high-performance battery cells and modules on its path to an all-electric future. The new CATL plant in Debrecen, Hungary will supply battery cells for European production sites in Germany and Hungary.

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Rolls-Royce to power Vertical Aerospace’s all-electric eVTOL UAM aircraft

Green Car Congress

A Rolls-Royce electrical power system will be integrated into the VA-X4 piloted all-electric vertical take-off and landing (eVTOL) vehicle, which will carry up to four passengers and the pilot for 120 miles at cruise speeds of more than 200 mph and is on course to certify in 2024.

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NIO’s expansion into German, Dutch, Danish and Swedish markets coming with buildout of battery swap stations

Green Car Congress

China-based smart electric vehicle company NIO unveiled details of its products and services for Germany, the Netherlands, Denmark, and Sweden at a European launch event in Berlin. All three models are equipped with NIO’s latest Banyan intelligent system. NIO is committed to a comprehensive battery charging system in the new markets.

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SK On secures US$2B for battery business in Europe

Green Car Congress

SK On has secured a total of US$2 billion as its investment resource for its European battery business with the aid of Euler Hermes, a trade credit insurance institution of Germany, Korea Trade Insurance Corporation, and the Export-Import Bank of Korea. 3 in Europe currently under construction in Iváncsa, Hungary. trillion (US$2.5

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