Remove Commercial Remove Cost Remove Hungary Remove Industry
article thumbnail

Samsung SDI building Li-ion battery plant in Hungary; global triangular production structure

Green Car Congress

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.

Hungary 150
article thumbnail

Volkswagen Group to add 15 more plants to Industrial Cloud this year

Green Car Congress

The Volkswagen Group is pushing ahead with the integration of its plants into the Volkswagen Industrial Cloud; the aim is to further improve the efficiency of the plants and reduce production costs. The Industrial Cloud is built on Amazon Web Services (AWS), and Siemens is the integration partner. Earlier post.)

article thumbnail

Car Crash Prevention System Wins Student $10,000 IEEE Scholarship

Cars That Think

Commercial trucks already have guard bars on the back to prevent such accidents, so instead of looking to improve trucks, Bayhan decided to build an attachment for cars. He says that the unsustainable cost of building spaceships is what prevents long-term space travel. Brian Minnick. That didn't stop him, however. Boglarka Ecsedi. "A

Turkey 102
article thumbnail

Siemens and Valeo to form joint venture in high-voltage electric powertrains

Green Car Congress

This joint venture also illustrates the ability of European companies to develop leading industrial partnerships to bring breakthrough technologies to the global market. —Jacques Aschenbroich, Chairman and CEO of Valeo. Its headquarters will be located in Erlangen, Germany.

Hungary 150
article thumbnail

Ford will use module-less LFP batteries from CATL

Push EVs

Ford will use module-less LFP (LiFePO4) batteries from CATL to cut costs by 10-15 percent starting next year. Ford expects a compound annual growth rate for EVs to exceed 90% through 2026, more than double forecasted global industry growth. Among commercial owners who don’t already deploy EVs, 60% of U.S. DEARBORN, Mich.,

Ford 105
article thumbnail

China’s new energy buses are re-exported to Europe

Setec Powerr

Skona is known as the birthplace of the Nordic nation, the creative center of artists, designers and entertainers, and the birthplace of many innovative industries. He Yipeng, general manager of the commercial vehicle business center of BYD Europe Co.,

Europe 40