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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. Construction work on Szombathely II, the Schaeffler Group’s second plant in western Hungary, started in 2020. Jochen Schröder, President of the E-Mobility division of Schaeffler AG.

Hungary 221
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Mercedes-Benz Cars invests €1B in new “Full-Flex” car plant in Hungary; Factory 56 applied to full plant

Green Car Congress

Mercedes-Benz Cars is starting construction of its first “Full-Flex Plant“ in Kecskemét, Hungary, about 90 km in the south of Budapest. With an investment of one billion euros, we are building in Hungary the first ‘Full-Flex Plant’ in the global production network of Mercedes-Benz Cars.

Hungary 150
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Plug In America joins global alliance

Plug in America

The grassroots, non-profit organization collects best practices, inspiration, and information from EV driver associations and their members to help, inform, and inspire each other to accelerate electric mobility in their own regions/countries and worldwide. “We in 2020, and the UK market went from 3.2% in the same period.

Plug-in 88
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Study finds advanced driver assistance systems not always reliable in long-term operation

Green Car Congress

First, the authors compiled current findings based on publications and exchanges with other experts and industry organizations. As part of the study, TÜV Rheinland experts took a modified test vehicle equipped with a state-of-the-art lane keeping assistance system on the Zalazone test track in Hungary. The study comprises two parts.

Hungary 286
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Refineries in the Americas produce a greater share of gasoline per barrel of crude oil than refineries in other world regions

Green Car Congress

OECD = Organization for Economic Cooperation and Development. Conversely, in Europe, diesel accounted for 40% of the petroleum refined versus about 30% for the Americas and Asia Oceania. OECD Americas: Canada; Chile; Mexico; United States. OECD Asia Oceania: Australia; Israel; Japan; Korea; New Zealand.

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COVID-19 Forced Us All to Experiment. What Have We Learned?

Cars That Think

China enters world markets as major exporter of industrial products. For example, when China entered world markets as a major exporter of industrial products, production from less productive firms in Mexico was reduced or ceased altogether, thus diverting resources to more productive uses.

Chad 98
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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

News | Markets | Technology | Personal Finance | Small Business | CNN.com RSS Newsletters Video Home Fortune 500 Technology Investing Management Rankings Warren Buffett takes charge Warren Buffett hasnt just seen the car of the future, hes sitting in the drivers seat. The E6 will hit the Chinese market later this year.

BYD 62