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

Green Car Congress

As part of its National Hydrogen Strategy, Hungary has been investigating the feasibility of introducing hydrogen technology to rail transportation. Alstom is a pioneer of hydrogen technology, having introduced the Coradia iLint to the German market in September 2018 ( earlier post ).

Hungary 334
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SK Innovation to build a third European battery plant in Hungary; $2.29B by 2028, 30 GWh

Green Car Congress

SK Innovation will initially invest US$1.148 billion in SK Battery Hungary (SKBH) to build its third European factory in Iváncsa, Hungary, with a production capacity of 30 GWh per year. This scale of output would supply batteries for approximately 430,000 cars based on 70 kWh per charging with a more than 400 km range.

Hungary 186
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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. The range of products produced at the Szombathely II plant includes electric motor components. Jochen Schröder, President of the E-Mobility division of Schaeffler AG.

Hungary 221
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Tesla launches its 2nd-cheapest, longest-range Model Y in select European countries

Teslarati

The new Model Y variant currently stands as the second most-affordable and longest range variant of the all-electric crossover. Tesla announced the launch of the new Model Y Long Range Rear Wheel Drive (RWD) motor in a post from its Tesla Europe & Middle East account on social media platform X.

Range 131
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UQM Technologies powers first all-electric mini bus in Hungary

Green Car Congress

in Hungary. The Inter Tan-ker mini bus, equipped with the PowerPhase HD Select 150 drive system, has a reported range of nearly 300 kilometers (185 miles). UQM has developed and launched several additional new products over the past 12 months dedicated to the commercial vehicle market. UQM Technologies Inc.

Hungary 255
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Frost & Sullivan: Li-ion battery materials market to reach $51.60B by 2027 from $18.75B in 2020; 15.6% CAGR

Green Car Congress

Frost & Sullivan projects that the global Li-ion battery materials market will reach $51.60 The advancements in battery chemistries and technologies, upsurge in electric vehicle (EV) sales, evolving regulatory scenario, and increasing consumer preferences toward EVs are expediting market growth worldwide. billion by 2027 from $18.75

Li-ion 170
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BYD is ‘just getting started’ in Europe with plans to triple its EV market share

Baua Electric

China’s BYD will challenge automakers in Europe with plans to triple its share in the EV market by 2025. After dominating its home market, BYD is expanding its brand overseas. BYD plans to expand EV market share in Europe BYD began selling vehicles in Europe in 2021, starting in Norway. share of Europe’s EV market.

BYD 52