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Schaeffler introducing 4in1 electric axles for EVs

Green Car Congress

In the future, Schaeffler will supply beam axles to automobile manufacturers, particularly in North America. For the electrification of medium-duty pick-up trucks, particularly for the North American market, Schaeffler is developing and will manufacture an electric beam axle.

Electric 369
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Mercedes-Benz Cars invests €1B in new “Full-Flex” car plant in Hungary; Factory 56 applied to full plant

Green Car Congress

Mercedes-Benz Cars is starting construction of its first “Full-Flex Plant“ in Kecskemét, Hungary, about 90 km in the south of Budapest. With an investment of one billion euros, we are building in Hungary the first ‘Full-Flex Plant’ in the global production network of Mercedes-Benz Cars.

Hungary 150
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Toray to enter large tow carbon fiber business via $584M acquisition of Zoltec; wind and automotive markets

Green Car Congress

The global demand for PAN-based carbon fibers is expected to expand at an annual growth rate of exceeding 15% as an advanced material which contributes not only to energy saving through weight reduction but also to the spread of renewable energy.

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China’s BYD tops 1.6 million BEV sales in 2023

Baua Electric

BYD, the country’s dominant automaker in the world’s largest auto market, released its sales numbers yesterday. Of course, the Chinese EV market is booming – but looking at the numbers, it’s pretty staggering. Of course, the Chinese EV market is booming – but looking at the numbers, it’s pretty staggering. In China, some 1.5

BYD 52
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Mercedes-Benz will be producing 8 all-electric EQ models in 2022

Green Car Congress

In 2022, Mercedes-Benz’ global portfolio will include eight all-electric Mercedes-EQ models. The global Mercedes-Benz production network is ready for the company’s electric product offensive and is integrating its Mercedes-EQ models into series production in its existing plants. kWh/100 km) started in Vitoria, northern Spain.

Mercedes 259
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Here’s how China’s BYD is working on its image problem

Baua Electric

The strategy is to help get German EV shoppers closer to the brand, raise brand awareness, and build sales of its affordable EVs in Europe’s largest automobile market. But that is changing, he says, as the brand is investing heavily in marketing. Still, 90% of its revenue comes from sales in China.

BYD 52
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Teijin Frontier to acquire J.H. Ziegler; addressing EV demand

Green Car Congress

The company also produces market-leading top-quality sound-absorbing materials and nonwovens for home interior and heat insulation use. The company operates five facilities globally, including three in Germany and one each in Hungary and China, and employs approximately 400 staff.

Hungary 150