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

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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.

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CATL to build €7B battery plant in Hungary, its second in Europe

Teslarati

Limited, or CATL, has announced a massive investment to build a new cell manufacturing plant in Europe. billion to build a 100 GWh battery plant in Hungary. The Debrecen, Hungary battery plant would join CATL’s Munich, Germany facility as the second for the company in Europe. . ” I’d love to hear from you!

Hungary 98
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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. With the next generation of batteries (Gen6) for the NEUE KLASSE, range will improve by up to 30%, and the charging speed will be up to 30% faster.

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Rolls-Royce developing turbogenerator technology for hybrid-electric aviation applications

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Rolls-Royce experts based in Germany, Norway and Hungary are developing the turbogenerator design and working on its system integration and are focused on ensuring smart power distribution during flight. Rolls-Royce is also set to build on our existing network to offer maintenance services for electrical systems.

Hybrid 448
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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 first cars of the NEUE KLASSE will come off the production line at our plant in Debrecen, Hungary, starting in 2025, followed by the main plant in Munich. The new battery format will increase energy density by more than 20% and improve charging speed and range by up to 30%. Earlier post.)

Mexico 418
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NIO’s expansion into German, Dutch, Danish and Swedish markets coming with buildout of battery swap stations

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The company also said that it plans to build 20 Power Swap Stations (PSS) in Europe this year. By 2025, NIO aims to build 1,000 PSS outside of China, most of which will be in Europe. NIO is committed to a comprehensive battery charging system in the new markets. In 2023, this number is expected to reach 120.

Market 243
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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 blue highlighted structures are the new project buildings. In addition to Shenyang, new assembly sites for sixth-generation high-voltage batteries will be added in Debrecen (Hungary), San Luis Potosí (Mexico) and Woodruff near Spartanburg (USA) in the next few years. BBA is investing RMB 10 billion (US$1.4

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