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SK Innovation to build a third European battery plant in Hungary; $2.29B by 2028, 30 GWh

Green Car Congress

SK Innovation will initially invest US$1.148 billion in SK Battery Hungary (SKBH) to build its third European factory in Iváncsa, Hungary, with a production capacity of 30 GWh per year. This scale of output would supply batteries for approximately 430,000 cars based on 70 kWh per charging with a more than 400 km range.

Hungary 186
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Alstom and MOL to explore use of hydrogen technologies for rail transport in Hungary

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Alstom and MOL, Hungary’s leading oil and gas company, have signed a Memorandum of Understanding to structure cooperation in examining the use of hydrogen technology in rail transportation. As part of its National Hydrogen Strategy, Hungary has been investigating the feasibility of introducing hydrogen technology to rail transportation.

Hungary 334
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BMW Group to invest more than €2B in Hungarian plant Debrecen by 2025; new high-voltage battery assembly

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The BMW Group is building a high-voltage battery assembly for the vehicles of the NEUE KLASSE at its site in Hungary. The battery assembly will be located on the site of the Debrecen vehicle plant, which started construction about six months ago. All batteries for the vehicles from Plant Debrecen will be assembled on site.

BMW 417
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Samsung SDI building Li-ion battery plant in Hungary; global triangular production structure

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Samsung SDI has decided to use Hungary as its Li-ion battery production base in Europe. The new battery plant will be built in Goed, north of Budapest in a 330,000 m 2 site, using existing facilities previously used for display production. —Executive Vice President Jeong SehWoong.

Hungary 150
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BMW Group announces local production of NEUE KLASSE in China from 2026, new gen 6 battery plant

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The high-voltage batteries required for this will likewise be manufactured locally. The virtual ground-breaking for a new assembly site for high-voltage batteries also took place as part of the anniversary celebrations. Rendering of the future high-voltage battery assembly in Shenyang. BBA is investing RMB 10 billion (US$1.4

BMW 457
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Schaeffler opens new dedicated e-mobility plant in Hungary; expects €2-3B in annual e-mobility orders from 2022 on

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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. Jochen Schröder, President of the E-Mobility division of Schaeffler AG.

Hungary 221
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BMW Group investing €800M in Plant San Luis Potosí in Mexico for NEUE KLASSE and battery assembly

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The BMW Group is investing €800 million in Plant San Luis Potosí in Mexico for integration of fully-electric models of NEUE KLASSE and construction of local high-voltage battery assembly. More than 500 additional employees will work there, producing next-generation batteries for fully-electric vehicles. Earlier post.)

Mexico 418