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Can a New Power Link Boost the EU’s Energy Independence?

Cars That Think

There, d elegations from Azerbaijan, Georgia, Hungary, and Romania finalized an ambitious plan: to generate up to 6 gigawatts of clean energy in the Caucasus region, run the electricity through a cable along the bottom of the Black Sea, and deliver it to Europe. Every family has someone working in this industry.

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Used-car market continues to struggle in Poland

Baua Electric

from 2024, according to data from industry authority PZPM. Other European markets, such as Hungary , are anticipating price rises later in 2025 as a result. With production spread globally, this could pose a problem for European manufacturers. By the end of March, 138,696 units were registered in the country, an increase of 2.5%

Poland 52
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US and Chinese brands battle it out registrations soar

Baua Electric

14 April 2025 Read next Used LCV market buoyant as new van sales struggle 14 April 2025 Read next The Automotive Update: UK government steps up support of EV industry 11 April 2025 Global deliveries of battery-electric vehicles (BEVs) and plug-in hybrids (PHEVs) continued to grow in February. year on year. PHEV deliveries surged by 40.3%

Chinese 52
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Alstom and MOL to explore use of hydrogen technologies for rail transport in Hungary

Green Car Congress

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. As part of its National Hydrogen Strategy, Hungary has been investigating the feasibility of introducing hydrogen technology to rail transportation.

Hungary 334
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LG Magna e-Powertrain expands footprint with new facility in Hungary; 4th plant worldwide

Green Car Congress

LG Magna e-Powertrain, the Joint Venture (JV) between LG Electronics (LG) and Magna (Magna) formed in 2021 ( earlier post ), announced at IAA Mobility 2023 that it is expanding its footprint with a new facility in Miskolc, Hungary. The company has also received strong support from both the Hungarian government and local authorities.

Hungary 195
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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. “In —Executive Vice President Jeong SehWoong.

Hungary 150
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Toray, LG Chem to establish battery separator film joint venture in Hungary

Green Car Congress

Toray Industries and LG Chem have agreed to form a battery separator film joint venture in Hungary. LG Chem will invest US$375 million (around ¥43 billion) in Toray Industries Hungary Kft. LTHS), in which Toray and LG Chem each will hold a 50% interest.

Hungary 186