article thumbnail

CATL to build €7B battery plant in Hungary, its second in Europe

Teslarati

billion to build a 100 GWh battery plant in Hungary. The Debrecen, Hungary battery plant would join CATL’s Munich, Germany facility as the second for the company in Europe. We’re proud to see our Ambition 2039 supported by CATL’s commitment to CO2 neutral production in Hungary.”

Hungary 98
article thumbnail

Mercedes introducing EQB compact electric SUV in Shanghai

Green Car Congress

The new Mercedes-Benz EQB is making its debut at Auto Shanghai 2021 this week. kWh/100 km) it is the second fully electric compact car from Mercedes-EQ. After Europe, the international version of the EQB, produced in Kecskemét, Hungary, will be launched at the end of the year, followed by the US market launch in 2022.

Mercedes 243
article thumbnail

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
article thumbnail

Mercedes-Benz to invest ~€500M to produce electric compact EQ model at Hambach plant

Green Car Congress

Mercedes-Benz Cars is expanding its production capacities for electric cars in Europe. Mercedes-Benz Cars plans to launch more than ten electric cars by 2022 throughout all segments, from smart to large SUVs. Mercedes-Benz Cars plans to launch more than ten electric cars by 2022 throughout all segments, from smart to large SUVs.

Mercedes 207
article thumbnail

Mercedes-Benz Cars plants in Germany to be supplied with CO2-neutral energy from 2022

Green Car Congress

In Germany, all Mercedes-Benz plants will be supplied with CO 2 -neutral energy. From 2022, the production of our Mercedes-Benz plants in Germany will operate CO 2 -neutral. Thereby, we completely forego coal-based electricity and obtain our electrical energy from only renewable sources. The plant will start operating in 2019.

Germany 170
article thumbnail

Tesla battery supplier CATL expects up to 200% profit increase

Teslarati

Among the most notable of these facilities is in Hungary with Mercedes-Benz AG. CATL also stated that it would prioritize the use of recyclable materials and renewable energy in its production of batteries. As noted in a Bloomberg News report, profit for the six months ending in June also rose 82% to 8.17

article thumbnail

Mercedes-Benz prepares car production network for new electric portfolio

Green Car Congress

Mercedes-Benz is aligning its global production network to manufacture its reshaped product portfolio focused on luxury electric vehicles as the brand prepares to go all electric by the end of the decade—wherever market conditions allow. The global Mercedes Benz production network is sustainable, digital and flexible.

Mercedes 195