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LG Magna e-Powertrain expands footprint with new facility in Hungary; 4th plant worldwide

Green Car Congress

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
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BYD to Build EV Factory in Hungary for Localised Production in Europe

Electric Cars Report

BYD, Chinese leading electric vehicle manufacturer, announced the next stage of its European strategy with the construction of a brand-new manufacturing and production centre in Szeged, Hungary.

Hungary 104
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BYD looks to further electrify Europe, selecting Hungary for its first EV production facility

Electrek

Less than two months after BYD shared plans to expand passenger EV production to Europe, we now know that journey will begin in Hungary. more… The post BYD looks to further electrify Europe, selecting Hungary for its first EV production facility appeared first on Electrek.

Hungary 112
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CATL to build €7.34 billion battery production base in Hungary

CN EV Post

NIO's battery swap station plant in Hungary will be operational in September, about two hours from CATL's planned battery production base in the country. billion battery production base in Hungary appeared first on CnEVPost. The post CATL to build €7.34 For more articles, please visit CnEVPost.

Hungary 145
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Mercedes-Benz expands battery supply partnership with CATL and new €7.34B battery plant in Hungary

Green Car Congress

Mercedes-Benz is taking another step to scale up development and production of next-generation high-performance battery cells and modules by expanding its battery supply relationship with CATL through CATL’s newly announced battery plant in Debrecen, Hungary. The project will supply both cells and modules to European automakers.

Hungary 195
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BYD Signs Preliminary Sales and Purchase Agreement for EV Factory in Hungary

Electric Cars Report

BYD, the world’s leading manufacturer of new energy vehicles, initiates the preliminary phase of its state-of-the-art NEV production facility in Hungary with the signing of the Preliminary Sales and Purchase Agreement in an official ceremony held on 30th January 2024.

Hungary 98
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BYD inks preliminary land purchase in Hungary for plant that will build EVs for Europe

Electrek

Two months after announcing it had selected Hungary as the desired location of its first passenger EV production facility in Europe, Build Your Dreams (BYD) has completed a preliminary sales agreement for the Hungarian land those facilities should eventually sit atop.

Hungary 134