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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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Paks, Hungary orders 10 electric Solaris buses

Green Car Congress

The city of Paks, located in the central part of Hungary, has ordered 10 zero-emission electric buses from Solaris: six Solaris Urbino 12 electric vehicles and four 8.9-meter LE electric will be delivered to Hungary within 11 months of signing the contract. meter electric buses with five stationary chargers. Urbino 12 electric.

Hungary 243
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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 135
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BYD looks to further electrify Europe, selecting Hungary for its first EV production facility

Electrek

As Chinese EV automaker Build Your Dreams (BYD) closes in on current global sales leader Tesla, a massive factor in its strategy includes expansions in the EU. Less than two months after BYD shared plans to expand passenger EV production to Europe, we now know that journey will begin in Hungary.

Hungary 113
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Toray, LG Chem to establish battery separator film joint venture in Hungary

Green Car Congress

Toray Industries and LG Chem have agreed to form a battery separator film joint venture in Hungary. LG Chem will invest US$375 million (around ¥43 billion) in Toray Industries Hungary Kft. LTHS), in which Toray and LG Chem each will hold a 50% interest. LTHS), in which Toray and LG Chem each will hold a 50% interest.

Hungary 186
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Nio to open first overseas facility in Hungary

Electric Cars Report

Chinese premium electric vehicle manufacturer Nio has announced plans to open its first overseas facility in Budapest, Hungary, in September 2022. The opening is part of Nio’s strategy to increase its car sales across […] The post Nio to open first overseas facility in Hungary appeared first on Electric Cars Report.

Hungary 104
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NIO's plant in Hungary for swap stations to start operation in September

CN EV Post

This is NIO's first overseas plant, covering an area of about 10,000 square meters, and its main activities include the production of battery swap stations and after-sales service. The post NIO's plant in Hungary for swap stations to start operation in September appeared first on CnEVPost.

Hungary 139