Auto Building Hungary Hybrid 
Green Car Congress
SEPTEMBER 21, 2021
Automotive and industrial supplier Schaeffler has opened a new production facility at its Szombathely location in the west of Hungary. Szombathely II provides around 15,000 square meters of space for the production of powertrain components and solutions, such as electric motors and hybrid drives. Image: Schaeffler.
Baua Electric
JANUARY 2, 2024
The Atto-3 SUV / Source: BYD Europe It was a huge year for profits at Chinese auto behemoth BYD. Adding up sales for all so-called new energy vehicles, including battery-only vehicles and hybrids, BYD sold 3 million vehicles in 2023. million EVs and hybrids last year, a bump from 6.9 In 2023, the company sold 1.6
Baua Electric
JANUARY 19, 2024
So Europeans can get an up-close look at the SUVs, the company plans to showcase them at the Geneva auto show in February. The Bao 5 is a plug-in hybrid that starts at around $43,500 in China, putting it in the same range as the Bronco and Defender, the report said. FTC: We use income earning auto affiliate links.
Baua Electric
MAY 22, 2024
CATL’s growth in China is mainly impacted by the country’s NEV growth rate (including hybrids) and rival BYD’s growth. The two new factories will be in addition to CATL’s plans for six overseas factories already announced: Germany, Thailand, Hungary, Indonesia, and two in the US (with Ford and Tesla).
Baua Electric
FEBRUARY 1, 2024
While European automakers have been shifting over to direct sales à la Tesla, China’s BYD, for Build Your Dreams, along with Chinese peers Xpend and Great Wall Motor are looking to dealers to build sales and provide networks to help their brands build solid reputations and trust among Europeans. Last year, the company sold 1.6
Green Car Congress
APRIL 19, 2021
The new Mercedes-Benz EQB is making its debut at Auto Shanghai 2021 this week. After Europe, the international version of the EQB, produced in Kecskemét, Hungary, will be launched at the end of the year, followed by the US market launch in 2022. Following the EQA 250 (combined electrical consumption: 15.7
Baua Electric
APRIL 11, 2024
Given the slow uptake of electric vehicles in Spain, Chery says it plans to make combustion engine, hybrid, and electric vehicles there. MG is planning to build a $2 billion factory, while BYD is ramping up investments worth hundreds of millions for its own factory – actions which have set off alarm bells in Washington.
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