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SK Innovation to spin off battery business and E&P business

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SK Innovation has decided to spin off its battery production and exploration & production (E&P) business as independent companies. SK Innovation’s EV battery plant located in Seosan, South Korea. The SK Battery Co., The SK E&P Co., Earlier post.).

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

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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 ).

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

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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 will license from LG Chem and Toray the technologies necessary to produce separators for LG Group lithium-ion batteries.

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BMW Group announces local production of NEUE KLASSE in China from 2026, new gen 6 battery plant

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Following the market launch in 2025, models of the next vehicle generation will also be produced from 2026 onwards by BBA in Shenyang. The high-voltage batteries required for this will likewise be manufactured locally. Rendering of the future high-voltage battery assembly in Shenyang. BBA is investing RMB 10 billion (US$1.4

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

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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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BMW Group to invest more than €2B in Hungarian plant Debrecen by 2025; new high-voltage battery assembly

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The BMW Group is building a high-voltage battery assembly for the vehicles of the NEUE KLASSE at its site in Hungary. The battery assembly will be located on the site of the Debrecen vehicle plant, which started construction about six months ago. All batteries for the vehicles from Plant Debrecen will be assembled on site.

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Samsung SDI completes EV battery plant construction in Hungary; global production tripod

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Samsung SDI has completed construction of its electric vehicle (EV) battery plant in Hungary. Sitting on a 330,000 m 2 site in Goed, the plant is capable of producing batteries for 50,000 electric vehicles annually with operations expected to begin in the second quarter of next year.

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