Building Hungary Market Presentations 
Green Car Congress
OCTOBER 24, 2022
the Japan-based parent company of the specialty chemicals manufacturer Toyo Ink Group, announced the official opening of a new wholly-owned manufacturing subsidiary, Toyo Ink Hungary LLC, in Ujhartyan in Pest County, Hungary. The production facility is operating in a 5,964 m 2 building on 44,806 m 2 of land.
Green Car Congress
OCTOBER 10, 2022
This expansion follows NIO’s entry into the Norwegian market last year. 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. In 2023, this number is expected to reach 120.
Baua Electric
MARCH 12, 2024
China’s BYD will challenge automakers in Europe with plans to triple its share in the EV market by 2025. After dominating its home market, BYD is expanding its brand overseas. BYD plans to expand EV market share in Europe BYD began selling vehicles in Europe in 2021, starting in Norway. share of Europe’s EV market.
Green Car Congress
MAY 19, 2023
Following the market launch in 2025, models of the next vehicle generation will also be produced from 2026 onwards by BBA in Shenyang. The blue highlighted structures are the new project buildings. The high-voltage batteries required for this will likewise be manufactured locally. BBA is investing RMB 10 billion (US$1.4
Green Car Congress
JUNE 6, 2018
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.
Baua Electric
APRIL 20, 2024
A bouquet of Kanwar Tulips was presented last week to Apollo Tyres chairman Onkar Kanwar and vice- chairman and managing director Neeraj Kanwar during their visit to Amsterdam. Building momentum over the first few years of operation, the company diversified into the production of car tyres in 1912.
Green Car Congress
MAY 29, 2017
The company will decide on the basis of market demand which foreign locations will produce further EQ models within the production network. With the Concept EQ, Mercedes-Benz Cars presented a new generation of electric vehicles. We have laid the foundation for this. Earlier post.)
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