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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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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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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.

Mercedes 259
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Mercedes-Benz Cars plants in Germany to be supplied with CO2-neutral energy from 2022

Green Car Congress

In Germany, all Mercedes-Benz plants will be supplied with CO 2 -neutral energy. From 2022, the production of our Mercedes-Benz plants in Germany will operate CO 2 -neutral. As part of the electric offensive, Mercedes-Benz Cars counts on local emission-free vehicles. The plant will start operating in 2019.

Germany 170
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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

Wang entered the automobile business in 2003 by buying a Chinese state-owned car company that was all but defunct. Today BYD employs 130,000 people in 11 factories, eight in China and one each in India, Hungary, and Romania. He knew very little about making cars but proved to be a quick study. On a trip to the U.S.,

BYD 62