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

Baua Electric

Hungary is anticipating 3 billion euros ($3.3 billion) in unutilized Chinese language investments within the automobile sector, additional boosting the central Ecu public as a regional heart within the transition to electrical mobility, International Minister Peter Szijjarto mentioned.

Hungary 52
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BMW sticks to 50% EV target by 2030—not including hybrids, PHEVs

Baua Electric

BMW still aims for about 50% global EV sales by the end of the decade, in line with a plan the automaker rolled out in 2021 , but still isn’t ready to declare an end date for internal combustion. BMW will have 15 all-electric models available globally across all of its brands, he added.

BMW 52
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Samsung SDI shows high-energy density fast-charging cell for EVs; production targeted for 2021

Green Car Congress

At the North American International Auto Show (NAIAS), Samsung SDI introduced a next-generation high-energy density battery cell that could lead to EV driving ranges of up to 600 km (373 miles) and that can fast charge in 20 minutes. The mass production of this product is slated for 2021.

Energy 150
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BYD sells over 3 million NEVs in 2023, electric car sales close gap to Tesla | Autocar Professional

Baua Electric

Chinese automaker BYD has concluded 2023 with record-breaking sales, which surpasses the 3 million annual sales target and retains its position the global new energy vehicle (NEV) sales champion, for the second year in a row. This year also marks BYD being listed among the global top 10 of car sales for the first time.

BYD 52
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Mercedes introducing EQB compact electric SUV in Shanghai

Green Car Congress

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. The EQB in the global production network.

Mercedes 243
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China says it will ‘rein in’ the flood of EVs coming our way

Baua Electric

BYD Atto 3 (Source: BYD) Europe and the US say that Chinese EV development is running wild and unchecked and on the verge of overwhelming the global market with, well, EVs the rest of the world can’t compete with. FTC: We use income earning auto affiliate links.

China 52
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Mercedes brings five new EVs to IAA Mobility

Green Car Congress

It will be the first purely electrically powered production vehicle from the Kecskemét plant in Hungary. The driver can manually select the deceleration in three stages (D + , D, D - ) as well as the gliding function via shift paddles behind the steering wheel; D Auto is also available. The vehicles for China are produced in Beijing.

Mercedes 259