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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 105
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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. 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.

Hungary 105
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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. CATL announced on Friday that it would invest €7.34 ” I’d love to hear from you!

Hungary 98
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Are Chinese electric buses exempt from European EV tariffs? – Charged EVs

Baua Electric

In June, the EU announced import tariffs on Chinese EVs ranging from 17.4% The rationale behind the new tariffs is that the Chinese government has unfairly subsidized its auto industry, enabling Chinese automakers to sell EVs at prices European brands can’t match. BYD has established a factory in Hungary.

Chinese 52
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Here’s what to know about Europe’s new vote on Chinese tariffs

Baua Electric

It’s official: The European Union is moving ahead with increased tariffs on Chinese-made EVs to as much as 45.3% – in an effort to save its auto industry from total demise. Other EV manufacturers in China, including BMW and Volkswagen, would be subject to a 20.7% It will kill these car manufacturers.” for Geely, and 35.3%

Chinese 52
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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
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Audi opens new R&D center in Beijing

Green Car Congress

With both projects, we are addressing the market-defining trends in the Chinese auto market, namely: electrification, digitalization, and sustainability. Audi has a history of developing specific products and technologies for the Chinese market. —Audi CEO Markus Duesmann.

Audi 368