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BYD inks preliminary land purchase in Hungary for plant that will build EVs for Europe

Baua Electric

Two months after announcing it had selected Hungary as the desired location of its first passenger EV production facility in Europe, Build Your Dreams (BYD) has completed a preliminary sales agreement for the Hungarian land those facilities should eventually sit atop. FTC: We use income earning auto affiliate links.

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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. The goal is sustainable mobility, and we are determined to make real progress in that direction as a key technology partner for our customers by leveraging our global network of production facilities.

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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

Samsung SDI (Hungary): 20 GWh. SK Innovation (Hungary): 7.5 A more recent trend with Europe’s lithium-ion battery build out is the emergence of auto majors as pseudo-battery producers seeking to secure cell supply through joint-venture plants. Northvolt (Sweden): 16 GWh. Envision AESC (UK): 1.9GWh. LGES(Poland): 67 GWh.

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SK IE Technology to supply separators for EV batteries to Sunwoda

Green Car Congress

SK IE Technology (SKIET) signed an MOU with Sunwoda , the 9 th largest battery manufacturer in terms of global market share (according to SNE Research in 2022), to strengthen cooperation in supplying battery separators. Sunwoda’s major customers for its batteries include Geely Auto Group, Dongfeng Cummins Engine Co.,

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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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BYD expands reach in Europe with best-selling Atto 3, Seal EV launching in Greece

Baua Electric

According to global data collection firm DataForce , that would give BYD a 1.1% Even before it begins producing vehicles at its Hungary plant. To speed up output, it will also build battery packs in Hungary. Once up and running, the plant will be able to build 150,000 vehicles a year, which can be doubled if needed.

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

Baua Electric

According to global data collection firm DataForce , that would give it a 1.1% 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. share of Europe’s EV market.

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