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Hungary expects $3B in unutilized Chinese language auto business funding

Baua Electric

Hungary is anticipating 3 billion euros ($3.3 The unspecified tasks will provide German automakers’ factories in Hungary and are available on lead of a 7.3 The unspecified tasks will provide German automakers’ factories in Hungary and are available on lead of a 7.3 billion funding to provide batteries to BMW in Hungary. “We

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CATL to construct fast-charging Shenxing battery in Germany, Hungary

Baua Electric

MUNICH — CATL will construct its then fast-charging Shenxing battery at its vegetation in Germany and Hungary along China, fundamental engineer Gao Pengfei stated on the IAA Mobility auto display in Munich. The battery will likely be heavily produced in China from overdue 2023 and to be had in electrical cars from 2024.

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Audi opens new R&D center in Beijing

Green Car Congress

Audi is strengthening its development capabilities in China with a significant broadening of its R&D scope in the region and an expansion of its local Audi China R&D team. The new Audi China Building supports Audi’s efforts to establish additional research and production capacities in the country.

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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

Europe has become the fastest growing region for new electric vehicle (EV) lithium-ion battery capacity outside of China, according to Benchmark Minerals. Samsung SDI (Hungary): 20 GWh. SK Innovation (Hungary): 7.5 million EVs. Northvolt (Sweden): 16 GWh. Envision AESC (UK): 1.9GWh.

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SK IE Technology to supply separators for EV batteries to Sunwoda

Green Car Congress

The MOU signing ceremony took place at Sunwoda Group’s headquarters in Shenzhen, China. SKIET plans to supply separators produced at its Changzhou factory in China to Sunwoda. Sunwoda’s major customers for its batteries include Geely Auto Group, Dongfeng Cummins Engine Co., SKIET has factories in South Korea, China, and Poland.

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SAIC’s MG to open second Europe parts centre by the summer – ET Auto

Baua Electric

Apart from an aggressive price war shaking the EV sector, trade tensions are running high between China and the European Union, which is investigating whether Chinese EV makers benefit from unfair government subsidies. SAIC is currently evaluating whether to build a factory in Europe.

Europe 52
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Greenfuel Energy partners with lithium battery company EVE Energy – ET Auto

Baua Electric

a global leading lithium battery company based in China. According to statistics, EVE’s cylindrical battery shipment volume in 2022 ranks among the world’s leading and first in China, a media release said. As of now, EVE has provided over 2.1 billion cylindrical batteries globally.

Energy 52