article thumbnail

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 will license from LG Chem and Toray the technologies necessary to produce separators for LG Group lithium-ion batteries.

Hungary 186
article thumbnail

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

Green Car Congress

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
article thumbnail

BMW Group to invest more than €2B in Hungarian plant Debrecen by 2025; new high-voltage battery assembly

Green Car Congress

The BMW Group is building a high-voltage battery assembly for the vehicles of the NEUE KLASSE at its site in Hungary. —Markus Fallböhmer, Senior Vice President of Battery Production at the BMW Group. The BMW iFACTORY is also about ensuring short distances for logistics.

BMW 417
article thumbnail

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. Over the past 20 years, the BMW Group has continuously expanded its activities in China, and production capacity in Shenyang has increased from 30,000 to 830,000 units.

BMW 457
article thumbnail

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. MOL Group already produces and utilizes almost 150,000 tonnes of hydrogen per year.

Hungary 334
article thumbnail

BMW Group investing €800M in Plant San Luis Potosí in Mexico for NEUE KLASSE and battery assembly

Green Car Congress

The BMW Group is investing €800 million in Plant San Luis Potosí in Mexico for integration of fully-electric models of NEUE KLASSE and construction of local high-voltage battery assembly. BMW Group Plant SLP We are systematically gearing our production network towards electromobility.

Mexico 418
article thumbnail

Schaeffler opens new dedicated e-mobility plant in Hungary; expects €2-3B in annual e-mobility orders from 2022 on

Green Car Congress

Automotive and industrial supplier Schaeffler has opened a new production facility at its Szombathely location in the west of Hungary. The facility is Schaeffler’s first production plant fully dedicated to electro-mobility and gives the group a new center of excellence for the production of components and systems for electrified powertrains.

Hungary 221