Financing Hungary Industry 
Green Car Congress
FEBRUARY 2, 2021
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. SK’s first and second European plants are also located in Hungary (Komárom); the expected third plant will be the largest.
Green Car Congress
MARCH 7, 2023
T&E used publicly available information to assess the 50 gigafactories announced in Europe based on their finance and permits, whether they had secured a location, and the companies’ links to the US. EU battery manufacturing is caught in the crossfire between America and China. Europe must act or risk losing it all.
EV Info
MARCH 12, 2021
Latest research from Specialist Car Finance Experts, Forza Finance , has revealed that BMW is the most popular luxury car brand to finance in 16 of Europe’s 44 countries including the UK & Ireland based on finance rather than sales or units. Forza – Car Finance Map of Europe Infogram. Methodology.
Green Car Congress
MAY 16, 2022
The VERBIO Nevada (Iowa) Biorefinery began producing renewable natural gas (RNG) on an industrial scale in December 2021. The Group has approximately 900 employees at its locations in Germany, India, the USA, Canada, Poland, and Hungary. VERBIO recently officially launched the first cellulosic RNG plant in the US.
Cars That Think
MARCH 12, 2025
There, d elegations from Azerbaijan, Georgia, Hungary, and Romania finalized an ambitious plan: to generate up to 6 gigawatts of clean energy in the Caucasus region, run the electricity through a cable along the bottom of the Black Sea, and deliver it to Europe. A 2022 road map from the World Bank, the International Finance Corp.,
EV Info
MARCH 31, 2021
The USA is the leader in the EV industry, as California-based, Tesla, dominates the market worldwide . While Tesla commands the electric car market in the likes of Canada, USA, China, the United Kingdom and Australia, Nissan is the EV leader in many European countries such as Portugal, Poland, Ireland and Hungary. .
Baua Electric
OCTOBER 30, 2024
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. Subsidized solar panels have also wiped out European solar producers , and European governments are hoping the auto industry can avoid the same fate.
Expert insights. Personalized for you.
186 
Let's personalize your content