This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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.).
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 ).
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.
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
SK Innovation will initially invest US$1.148 billion in SK BatteryHungary (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.
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.
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.
The BMW Group is investing €800 million in Plant San Luis Potosí in Mexico for integration of fully-electric models of NEUE KLASSE and construction of local high-voltage battery assembly. More than 500 additional employees will work there, producing next-generation batteries for fully-electric vehicles. Earlier post.)
GS Yuasa Corporation will establish a manufacturing subsidiary company, GS Yuasa Hungary Ltd. in Hungary and build a new plant for lithium-ion batteries. Lithium-ion batteries will be assembled in a new plant with lithium-ion cells made in Japan. Initial annual production capacity will be 500,000 batteries.
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.
the Japan-based parent company of the specialty chemicals manufacturer Toyo Ink Group, announced the official opening of a new wholly-owned manufacturing subsidiary, Toyo Ink Hungary LLC, in Ujhartyan in Pest County, Hungary. Toyo Ink SC Holdings Co.,
This expansion follows NIO’s entry into the Norwegian market last year. NIO’s innovative CSU (Chargeable, Swappable, Upgradeable) architecture enables both charging and swapping of batteries with the ongoing opportunity to benefit from the latest battery technology or flexibility to upgrade the battery capacity.
Automotive and industrial supplier Schaeffler has opened a new production facility at its Szombathely location in the west of Hungary. Construction work on Szombathely II, the Schaeffler Group’s second plant in western Hungary, started in 2020. Jochen Schröder, President of the E-Mobility division of Schaeffler AG.
Northern Lights Energy ( NLE ), the initiator of the 2012 charging infrastructure project and provider of infrastructure and services for electric vehicles (EV) based in Iceland, has signed an agreement with Reva Electric Car Company to jointly develop the electric vehicle market in Iceland. Tags: Electric (Battery).
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.
SK IE Technology (SKIET) signed an MOU with Sunwoda , the 9 th largest battery manufacturer in terms of global market share (according to SNE Research in 2022), to strengthen cooperation in supplying battery separators. This marks SKIET’s first large-scale supply of EV battery separators to a Chinese EV battery manufacturer.
Chinese premium electric vehicle manufacturer Nio has announced plans to open its first overseas facility in Budapest, Hungary, in September 2022. Located in Pest in the eastern part of the city, the new 10,000 square meters facility will manufacture power products including battery-swapping stations for the European market.
Vertical Aerospace is a key collaboration for Rolls-Royce Electrical as it marks its first commercial deal in the UAM market and builds on previous agreements to work with partners on demonstrator programmes.
NIO’s Power Europe Facility in Hungary delivered its first Power Swap Station to Germany. This is a milestone in the acceleration of NIO Power’s development in the European market and the ability to provide more convenient power services for European users.
The first half of 2021 has seen a tidal wave of announcements of new electrodeposited copper foil mill projects, as well as second- and third-phase expansions at existing mills, according to market consultancy Roskill. The majority of the projects are targeted at making copper foil for lithium-ion batteries to meet demand from EVs.
A particularly efficient thermal management system also ensures that a car travels further on one battery charge and charges faster. Furthermore, particularly at high and low outside temperatures, the range and rapid charging capability essentially depend on whether, for example, the battery can be held in a suitable temperature window.
The European car market recorded its best H1 performance of the century, with 8.6 Despite uncertainty in the UK, where the market was down 6.3% on H1 2017, the growth recorded in Germany, France and Spain allowed the overall market to keep growing. of the German market. —Felipe Munoz, JATO’s global analyst.
The European car market remained stable during 2018, as 15.6 It was the best result since 2007, when the market peaked with 16.02 Strong results in Q2, where the market was up by 4.8%, and Q3, where the market was up by 1.1%, were enough to offset the large decline posted in Q4, where the market dropped by 7.5%
Total lithium-ion capacity existing or being built has doubled since the beginning of 2021, following announcements of new plants by Chinese and South Korean battery producers, according to Benchmark’s Gigafactory Assessment. Battery capacity is currently growing at twice the speed of lithium raw material supply. trillion (US$1.4
of the EU market, while electrically?chargeable powered vehicles (APV) combined held a market share of 13.2%. Despite this overall decline, some markets are starting to show signs of recovery. Diesel demand increased again in two of the biggest EU car markets: France (+7.3%) and Germany (+4.3%). All alternatively?powered
Bosch is pooling its mechanical engineering expertise and offering companies factory equipment for battery production from a single source—ranging from individual components and software solutions to complete assembly lines. One of its pilot customers is Webasto, which is equipping its battery factories with Bosch technology.
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.
The BMW iFACTORY is not a one-off showpiece but an approach we will implement at all our plants in the future —from our 100-year-old home plant in Munich to our forthcoming plant in Debrecen, Hungary. —Milan Nedeljkovi?. BMW Group Production Network: 31 production sites in 15 countries.
The market share of diesel vehicles fell to 39.5% compared to the same month last year, meaning SUVs accounted for 33% of the total market in February. However, the performances of these markets offset volume declines in 13 other European markets. MPVs saw market share decline by 2.1 percentage points in February.
BYD is launching three new battery-electric passenger vehicles in Europe at the Paris Motor Show, including the BYD ATTO 3, a C-segment SUV designed with the European customer in mind; the BYD TANG, a 7-seater with variable all-wheel drive; and the sporty sedan BYD HAN. The European market is not entirely new to BYD. BYD e-Platform 3.0
The decline of the European new car market has continued throughout February. As of 29 February, JATO data has shown that the impact of COVID-19 had yet to hit the European automotive market. The volume of electrified vehicles more than doubled in Germany and France—their biggest markets. This is also pre-COVID-19.
The market launch in China is scheduled for this year. 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. The usable capacity of the batteries in Europe is 66.5 kWh/100 km, range 419 km (260 miles).
Energy released during braking is stored in the lithium-ion batteries for re-use during acceleration. Depending on the degree of charge of the lithium-ion batteries, a central computer determines when the diesel engine provides the drive and when and to what extent the electric motor is used. Volt cells. Volt cells.
High-efficiency battery systems will also be manufactured and assembled within the production network. Local production of highly efficient battery systems plays a central role in the Mercedes-Benz strategy - coupled with a comprehensive sustainability concept that spans the entire life cycle of the battery all the way to recycling.
The motor is powered by a battery pack of up to 222 kWh, providing a range of up to 220 kilometers when the truck is fully laden. As the battery pack is modular, capacity can be scaled to the range required by customers. Freight loading and unloading time can be used to charge the battery pack. DAF CF Electric. in 2017 to 16.5%
The Bonn team is leveraging this electrical expertise and capabilities and applying it to electric vehicle systems with the design of the Breaktor circuit protection technology, leapfrogging EV circuit protection solutions currently on the market.
BMW has announced that it will nearly double its investment in a planned EV production facility in Hungary and add battery production capabilities to the facility as well. In the German brand’s most recent announcement, it will almost double its investment into a new EV production facility in Hungary to $2.08
In 2007 smart launched a battery-powered vehicle as a pioneer in e-mobility and has been producing electric smarts in series since 2012. In Germany the smart brand is the market leader among all-electric vehicles in the first quarter of 2018. The preparations for the new model in Hambach will start shortly.
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. Battery systems will be supplied by the global Mercedes-Benz battery production network.
It will be the first purely electrically powered production vehicle from the Kecskemét plant in Hungary. The EQB is fitted with a lithium-ion battery with a high energy density. The battery is made up of five modules and is located underneath the passenger compartment in the middle of the vehicle. to WLTP: 19.3-15.7
Volvo- and Geely-owned electric vehicle (EV) maker Polestar has announced plans to launch in seven new markets next year, as announced by the company this week. Polestar shared a press release on Monday, detailing plans to debut its EVs in seven European, Asian, and South American markets in 2025. What are your thoughts?
Stellantis partner Samsung SDI hinted at the possibility of building a new EV battery factory in the United States. Stellantis and SDI entered into a multi-billion-dollar joint venture (JV) in October 2021 to produce lithium-ion batteries for the North American market. Samsung SDI Batteries. 6 battery for 2024, Gen.7
The company will decide on the basis of market demand which foreign locations will produce further EQ models within the production network. In addition to traction batteries, ACCUMOTIVE will produce batteries for Mercedes-Benz energy storage units and 48-volt-systems. Earlier post.)
CATL), the world’s largest producer of electric vehicle batteries and one of Tesla’s key battery suppliers, anticipates its net profits to rise as much as 9.8 The expectations come as the electric vehicle batterymarket benefits from the rise of EVs in the general automotive sector. billion yuan ($1.4
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content