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BYD to Build EV Factory in Hungary for Localised Production in Europe

Electric Cars Report

BYD, Chinese leading electric vehicle manufacturer, announced the next stage of its European strategy with the construction of a brand-new manufacturing and production centre in Szeged, Hungary.

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Hungary expects $3B in unutilized Chinese language auto business funding

Baua Electric

Hungary is anticipating 3 billion euros ($3.3 billion) in unutilized Chinese language investments within the automobile sector, additional boosting the central Ecu public as a regional heart within the transition to electrical mobility, International Minister Peter Szijjarto mentioned.

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Nio to open first overseas facility in Hungary

Electric Cars Report

Chinese premium electric vehicle manufacturer Nio has announced plans to open its first overseas facility in Budapest, Hungary, in September 2022. The opening is part of Nio’s strategy to increase its car sales across […] The post Nio to open first overseas facility in Hungary appeared first on Electric Cars Report.

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BYD inks preliminary land purchase in Hungary for plant that will build EVs for Europe

Baua Electric

Two months after announcing it had selected Hungary as the desired location of its first passenger EV production facility in Europe, Build Your Dreams (BYD) has completed a preliminary sales agreement for the Hungarian land those facilities should eventually sit atop. FTC: We use income earning auto affiliate links.

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

Teslarati

Chinese battery manufacturer Contemporary Amperex Technology Co., 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. . CATL announced on Friday that it would invest €7.34

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SK IE Technology to supply separators for EV batteries to Sunwoda

Green Car Congress

This marks SKIET’s first large-scale supply of EV battery separators to a Chinese EV battery manufacturer. In addition, they plan to build a mid-to-long term strategic cooperative relationship in the Chinese electric vehicle market. The MOU signing ceremony took place at Sunwoda Group’s headquarters in Shenzhen, China.

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BMW Group announces local production of NEUE KLASSE in China from 2026, new gen 6 battery plant

Green Car Congress

—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. BBA currently produces seven model ranges, with fully-electric, plug-in hybrid and internal combustion engines.

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