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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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BBA) joint venture, Milan Nedeljković, member of the Board of Management of BMW AG responsible for Production, announced local production of the NEUE KLASSE in China. The “Sixth-Generation Battery Project” will play a key role in production of vehicles for the NEUE KLASSE and create around 2,000 new jobs in the region.

BMW 457
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SK IE Technology to supply separators for EV batteries to Sunwoda

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SK IE Technology (SKIET) signed an MOU with Sunwoda , the 9 th largest battery manufacturer in terms of global market share (according to SNE Research in 2022), to strengthen cooperation in supplying battery separators. The MOU signing ceremony took place at Sunwoda Group’s headquarters in Shenzhen, China.

Supplies 199
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T&E: two-thirds of European battery production at risk as companies weigh investing in US instead

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More than two-thirds (68%) of lithium-ion battery production planned for Europe is at risk of being delayed, scaled down or cancelled, according to new analysis by the European NGO Transport & Environment. Battery production capacity equivalent to 18 million electric cars—1.2 Europe must act or risk losing it all.

Companies 430
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SK On signs MOU with Global Lithium Resources to bolster key battery materials supply chain

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South Korea-based SK On (SKO), a global EV battery manufacturer, signed a Memorandum of Understanding (MOU) with Australia’s Global Lithium Resources to explore future business opportunities together in regard to stable supply of lithium. Potential opportunities for collaboration in electric vehicle (EV) and battery material supply chains.

Supplies 259
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Samsung SDI completes EV battery plant construction in Hungary; global production tripod

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Samsung SDI has completed construction of its electric vehicle (EV) battery plant in Hungary. Through construction of the Hungary plant, Samsung SDI sets up a global electric vehicle batteries production tripod with plants in Ulsan, South Korea and Xian, China.

Hungary 170
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CATL to build €7B battery plant in Hungary, its second in Europe

Teslarati

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. ” The size of CATL’s new Hungarian production facility will add 100 GWh to the company’s already world-class manufacturing capacity. .”

Hungary 98
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Benchmark Minerals: Europe’s EV gigafactory capacity pipeline to grow 6-fold to 789.2 GWh to 2030

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Europe has become the fastest growing region for new electric vehicle (EV) lithium-ion battery capacity outside of China, according to Benchmark Minerals. Samsung SDI (Hungary): 20 GWh. SK Innovation (Hungary): 7.5 Benchmark cautions that capacity does not necessarily equal reliable supply for the EV industry.