Remove Chinese Remove Europe Remove Global Remove Hungary
article thumbnail

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 111
article thumbnail

BYD Buys Car Distributor in Germany, fueling Push in Europe

Teslarati

Hedin is a Swedish company that distributes other Chinese car brands across Germany, including BYD and XPeng. The Chinese automaker predicts that its overseas market will account for 50% of its total global sales in the future. The post BYD Buys Car Distributor in Germany, fueling Push in Europe appeared first on TESLARATI.

BYD 92
article thumbnail

BYD Europe hires former Fiat Chrysler COO

Teslarati

BYD hired Alfredo Altavilla, a former Fiat Chrysler COO, to help with its expansion into Europe. He has extensive knowledge and experience in the region as he was Fiat Chrysler’s COO for Europe. BYD has set ambitious goals for its global market expansion. It currently has its eyes set in either Hungary or Turkey.

article thumbnail

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

Teslarati

Chinese battery manufacturer Contemporary Amperex Technology Co., Limited, or CATL, has announced a massive investment to build a new cell manufacturing plant in Europe. billion to build a 100 GWh battery plant in Hungary. The post CATL to build €7B battery plant in Hungary, its second in Europe appeared first on TESLARATI.

Hungary 98
article thumbnail

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

Baua Electric

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. FTC: We use income earning auto affiliate links.

Hungary 52
article thumbnail

SK IE Technology to supply separators for EV batteries to Sunwoda

Green Car Congress

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.

Supplies 199
article thumbnail

Benchmark: Li-ion battery pipeline could exceed 6 TWh by end of decade

Green Car Congress

Global lithium ion production capacity could reach over 6,000 GWh (6 TWh) by the end of the decade based on current plans, as companies accelerate gigafactory construction in Europe and the US, according to Benchmark Mineral Intelligence. LG Energy Solutions said it would invest KRW 1.7 trillion (US$1.4

Li-ion 199