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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.

Hungary 186
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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. The range of products produced at the Szombathely II plant includes electric motor components.

Hungary 221
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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 facility in Hungary will enable Samsung SDI to establish a global triangular production structure along with existing plants in Ulsan, Korea and Xian, China. —Executive Vice President Jeong SehWoong.

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EcoProBM, SK On and Ford to invest C$1.2B to build NCM cathode manufacturing facility in Bécancour, Québec

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billion (US$886 million) to build a cathode manufacturing facility that will provide materials that ultimately supply batteries for Ford’s future electric vehicles. —SK On Chief Commercial Officer Min-suk Sung For EcoProBM, Canada is the second global market expansion after Hungary and marks the company’s entry into North America.

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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. Construction work recently began.

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

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The system will be an on-board power source with scalable power offerings and will complement the Rolls-Royce Electrical propulsion portfolio, enabling extended range on sustainable aviation fuels and later as it comes available through hydrogen combustion.

Hybrid 448
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Rolls-Royce to power Vertical Aerospace’s all-electric eVTOL UAM aircraft

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Vertical Aerospace is a key collaboration for Rolls-Royce Electrical as it marks its first commercial deal in the UAM market and builds on previous agreements to work with partners on demonstrator programmes.