article thumbnail

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 range of products produced at the Szombathely II plant includes electric motor components. million between 2026 and 2029. Jochen Schröder, President of the E-Mobility division of Schaeffler AG.

Hungary 221
article thumbnail

BMW previews future electric SUV with faster charging, more range

Baua Electric

The BMW Vision Neue Klasse X is an electric SUV that forecasts a model due to start production in Debrecen, Hungary, in 2025. Sixth-generation drive units will also help boost range by up to 30%, according to BMW, while new tires and an EV-specific braking system should improve overall efficiency by up to 25%. federal tax credits.

BMW 52
article thumbnail

BMW previews future electric SUV with faster charging, more range

Baua Electric

The BMW Vision Neue Klasse X is an electric SUV that forecasts a model due to start production in Debrecen, Hungary, in 2025. Sixth-generation drive units will also help boost range by up to 30%, according to BMW, while new tires and an EV-specific braking system should improve overall efficiency by up to 25%. federal tax credits.

BMW 52
article thumbnail

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

Baua Electric

EVE’s cylindrical batteries cover NCM and LFP material systems, with performance advantages such as high safety, long-endurance, long-cycle, and wide-temperature range. New Delhi: Greenfuel Energy Solutions , leading provider of clean mobility solutions and Energy Storage Systems (ESS) has partnered with EVE Energy Co.,

Energy 52
article thumbnail

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

Baua Electric

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. The facility will build electric cars with battery packs built in Hungary. FTC: We use income earning auto affiliate links.

BYD 52
article thumbnail

BYD aims to start vehicle production at Thailand EV plant in Q3 2024

Teslarati

During its announcement, BYD highlighted that it is focused on the Thai auto market. The company is also constructing car factories in Hungary and Brazil. The announcement coincided with the automaker’s participation in the ongoing 45th Bangkok International Motor Show, which is being held from March 27 – April 7, 2024.

article thumbnail

BYD wants to bring a Land Rover-style SUV that can ‘float on water’ to Europe

Baua Electric

So Europeans can get an up-close look at the SUVs, the company plans to showcase them at the Geneva auto show in February. In China, the U8 SUV is a full-size luxury SUV priced at around $152,000 and powered by a 49-killowatt-hour battery and a range-extender gasoline engine, giving it a range of 1,000 km.