Nio to open first overseas facility in Hungary
Electric Cars Report
AUGUST 7, 2022
Chinese premium electric vehicle manufacturer Nio has announced plans to open its first overseas facility in Budapest, Hungary, in September 2022.
Electric Cars Report
AUGUST 7, 2022
Chinese premium electric vehicle manufacturer Nio has announced plans to open its first overseas facility in Budapest, Hungary, in September 2022.
Green Car Congress
MAY 3, 2023
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. This marks SKIET’s first large-scale supply of EV battery separators to a Chinese EV battery manufacturer.
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. —Milan Nedeljković The BMW Group has had a presence in the Chinese market since 1994 and founded the BMW Brilliance Automotive joint venture in May 2003.
Teslarati
FEBRUARY 14, 2024
Tesla’s rival BYD is considering Mexico for its new electric vehicle (EV) plant. The Chinese automaker aims to expand its global presence and sees Mexico as an excellent place to reach its goals. BYD Mexico’s country manager, Zhou Zhou, told Nikkei Asia that Mexico is a key market with potential.
Baua Electric
JANUARY 2, 2024
The Atto-3 SUV / Source: BYD Europe It was a huge year for profits at Chinese auto behemoth BYD. million fully battery-electric vehicles last year, coming close to Tesla’s projected goal of 1.8 million vehicles. BYD, the country’s dominant automaker in the world’s largest auto market, released its sales numbers yesterday.
Baua Electric
APRIL 11, 2024
Chinese automaker Chery is planning to make cars in Spain, where the EV market is at just 12%, half that of Portugal and France. Given the slow uptake of electric vehicles in Spain, Chery says it plans to make combustion engine, hybrid, and electric vehicles there.
Green Car Congress
APRIL 23, 2022
Total lithium-ion capacity existing or being built has doubled since the beginning of 2021, following announcements of new plants by Chinese and South Korean battery producers, according to Benchmark’s Gigafactory Assessment. LG Energy Solutions said it would invest KRW 1.7 trillion (US$1.4
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