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Toyo Ink opens Lioaccum CNT conductive dispersion factory in Hungary for Li-ion batteries for EVs; supplying SK On

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the Japan-based parent company of the specialty chemicals manufacturer Toyo Ink Group, announced the official opening of a new wholly-owned manufacturing subsidiary, Toyo Ink Hungary LLC, in Ujhartyan in Pest County, Hungary. Toyo Ink SC Holdings Co.,

Hungary 170
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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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Tesla in Berlin, Northvolt in northern Germany and Italvolt near Turin are among the projects that stand to lose the greatest volumes of their slated capacity as the companies weigh up investing in the US instead. Battery investment in the US and China continued to grow, and European companies have already signalled expansion in America.

Companies 430
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Alstom and MOL to explore use of hydrogen technologies for rail transport in Hungary

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Alstom and MOL, Hungary’s leading oil and gas company, have signed a Memorandum of Understanding to structure cooperation in examining the use of hydrogen technology in rail transportation. The battery is used to store braking energy, to boost acceleration and for auxiliary supply.

Hungary 334
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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. The new plant will allow the company to save logistics costs and also to improve customer service in Europe. State-of-the-art technology of Samsung SDI will be applied to batteries to be made in this plant in Hungary.

Hungary 170
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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. The close link between battery assembly and vehicle production is part of our strategy. The company will create more than 500 additional jobs and invest more than €2 billion (US$2.1

BMW 417
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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. This new facility—Ford’s first investment in Québec—is part of the automaker’s plan to localize key battery raw material processing in regions where it produces EVs.

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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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The virtual ground-breaking for a new assembly site for high-voltage batteries also took place as part of the anniversary celebrations. In addition to Shenyang, new assembly sites for sixth-generation high-voltage batteries will be added in Debrecen (Hungary), San Luis Potosí (Mexico) and Woodruff near Spartanburg (USA) in the next few years.

BMW 457