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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. Our new facility in Szombathely is a milestone in the transformation of our company and embodies our strategic priorities of innovation, agility and efficiency. million between 2026 and 2029.

Hungary 221
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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. This marks SKIET’s first large-scale supply of EV battery separators to a Chinese EV battery manufacturer.

Supplies 199
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SAIC’s MG to open second Europe parts centre by the summer – ET Auto

Baua Electric

The company did not disclose the how much it would invest in the centre. Chinese EV maker BYD said in December it would build its first European plant in Hungary and the Italian government is holding talks with Chery Auto about the possibility of the Chinese firm manufacturing cars in the country, two sources told Reuters this week.

Europe 52
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Audi opens new R&D center in Beijing

Green Car Congress

Both the new R&D center in Beijing and the Audi FAW NEV Company in Changchun clearly prove the progress in transforming Audi’s business in China. With both projects, we are addressing the market-defining trends in the Chinese auto market, namely: electrification, digitalization, and sustainability. —Audi CEO Markus Duesmann.

Audi 368
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EcoPro wins 5-year high-nickel NCA cathode material supply contract with Samsung SDI – Charged EVs

Baua Electric

EcoPro BM , a South Korean cathode materials company, has won a 5-year, $33.4-billion trillion KRW) contract to supply high-nickel NCA cathode material to battery manufacturer Samsung SDI. billion (43.87 The contract runs from 2024 through 2028. EcoPro’s NCA and NCM 811 cathodes are its main cathode series.

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SK On may start mass producing LFP batteries for automakers in 2026 – executive – ET Auto

Baua Electric

The company is in talks with some major traditional automakers, or original equipment manufacturers (OEMs), that are looking to line up LFP battery supply deals, SK On’s Chief Administrative Officer Choi Young-chan said. Choi said SK On is considering manufacturing LFP batteries in Europe or China. market at all.

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BYD launches 3 new electric vehicles at the Paris Motor Show

Green Car Congress

BYD is not just another car manufacturer. Notably, BYD owns the vertical supply chain for seamless integration and manufacturing control, including the production of semiconductors. BYD is the first, and only company in the world, to provide full market new energy vehicle solutions. BYD is a high-tech brand.

BYD 273