Green Car Congress

SEPTEMBER 6, 2023

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. This new facility seeks to amplify the growth of LG Magna e-Powertrain in the Europe-an market.

Hungary 195

Hungary South Korea Mexico Europe 195

Green Car Congress

FEBRUARY 5, 2023

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. In Mexico, we are investing 800 million euros in our plant and creating around 1,000 new jobs.

Mexico 418

Mexico BMW Batteries Battery 418

Teslarati

FEBRUARY 14, 2024

Tesla’s rival BYD is considering Mexico for its new electric vehicle (EV) plant. The Chinese automaker aims to expand its global presence and sees Mexico as an excellent place to reach its goals. BYD Mexico’s country manager, Zhou Zhou, told Nikkei Asia that Mexico is a key market with potential.

Mexico 105

Mexico BYD Hungary Thailand 105

Green Car Congress

NOVEMBER 20, 2022

With both projects, we are addressing the market-defining trends in the Chinese auto market, namely: electrification, digitalization, and sustainability. Audi has a history of developing specific products and technologies for the Chinese market. —Audi CEO Markus Duesmann.

Audi 368

Audi China Hungary Germany 368

Green Car Congress

MAY 19, 2023

Following the market launch in 2025, models of the next vehicle generation will also be produced from 2026 onwards by BBA in Shenyang. The high-voltage batteries required for this will likewise be manufactured locally. These batteries will be used in the models of the NEUE KLASSE.

BMW 457

BMW China Batteries Battery 457

Green Car Congress

SEPTEMBER 27, 2013

Zoltek is a large two carbon fiber manufacturer; large tow carbon fiber is carbon fiber with 40,000 or more filaments applied for applications such as wind turbine blades and reinforced plastics compounds, and is produced on modified acrylic staple fiber production lines for textiles. Toray Industries, Inc. per share).

Carbon Fiber 199

Carbon Fiber Wind Carbon Hungary 199

Baua Electric

APRIL 11, 2024

Chinese automaker Chery is planning to make cars in Spain, where the EV market is at just 12%, half that of Portugal and France. This would be Chery’s first manufacturing site in Europe.

Chery 52

Chery Europe Spain BYD 52