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Schaeffler opens new dedicated e-mobility plant in Hungary; expects €2-3B in annual e-mobility orders from 2022 on

Green Car Congress

Automotive and industrial supplier Schaeffler has opened a new production facility at its Szombathely location in the west of Hungary. Designed as a “factory for tomorrow,” it features a high degree of automation, modular production buildings, and end-to-end digitalization. Image: Schaeffler. million between 2026 and 2029.

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Audi opens new R&D center in Beijing

Green Car Congress

The move to the new Audi China Building, opening nearly 10 years after its predecessor, is also a significant milestone in Audi’s more than three-decade long history in China. The new Audi China Building supports Audi’s efforts to establish additional research and production capacities in the country. —Audi CEO Markus Duesmann.

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BMW begins EV battery buildout ahead of next-gen Neue Klasse EVs

Baua Electric

BMW cylindrical battery cells BMW announced that it would build Neue Klasse EVs in Mexico , as well as two European production sites, in February 2023. BMW cylindrical battery cells The first Neue Klasse model, and SUV previewed by Vision Neue Klasse X concept , is scheduled to start production in Hungary in 2025.

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BYD is ‘just getting started’ in Europe with plans to triple its EV market share

Baua Electric

Europe is much different from other key auto markets like China or the US, with several legislations and languages. BYD aims for a 5% share of EV sales in Europe, even before production begins in Hungary. The facility will build electric cars with battery packs built in Hungary.

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BMW Vision Neue Klasse X SUV teased ahead of global debut on March 21

Baua Electric

By: HT Auto Desk | Updated on: 19 Mar 2024, 18:14 PM The BMW Vision Neue Klasse X concept previews a new design direction range, previewing an upcoming electric SUV from the automaker. The BMW Vision Neue Klasse X concept is expected to preview the upcoming range of cars based on the Neue Klasse EV platform.

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BMW taps electric hypercar specialist Rimac for high-performance EV batteries

Baua Electric

BMW currently gets its batteries from five sites globally, and it plans to build next-gen EV batteries in South Carolina, Mexico, Hungary, and China. FTC: We use income earning auto affiliate links. The post BMW taps electric hypercar specialist Rimac for high-performance EV batteries appeared first on Bauaelectric Auto News.

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Apollo Tyres celebrates Vredestein acquisition with new tulip variant | Autocar Professional

Baua Electric

Vredestein was founded in 1908 to design and manufacture bicycle tyres in Loosduinen in the Netherlands. Building momentum over the first few years of operation, the company diversified into the production of car tyres in 1912. Both products have received critical acclaim from leading testers and publications across the continent.