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the colorants and functional materials division of Japan’s Toyo Ink Group, will supply the North American and European operations of SK Innovation, a South Korean lithium-ion (li-ion) battery manufacturer, with Toyocolor’s Lioaccum series of conductive carbon nanotube (CNT) dispersions. Toyocolor Co.,
South Korea-based SK On (SKO), a global EV battery manufacturer, signed a Memorandum of Understanding (MOU) with Australia’s Global Lithium Resources to explore future business opportunities together in regard to stable supply of lithium. Incorporated in 2018, Global Lithium was listed on the Australian Stock Exchange last year.
Mercedes-Benz is taking another step to scale up development and production of next-generation high-performance battery cells and modules by expanding its battery supply relationship with CATL through CATL’s newly announced battery plant in Debrecen, Hungary. The project will supply both cells and modules to European automakers.
Alstom and MOL, Hungary’s leading oil and gas company, have signed a Memorandum of Understanding to structure cooperation in examining the use of hydrogen technology in rail transportation. As part of its National Hydrogen Strategy, Hungary has been investigating the feasibility of introducing hydrogen technology to rail transportation.
Samsung SDI has completed construction of its electric vehicle (EV) battery plant in Hungary. Through construction of the Hungary plant, Samsung SDI sets up a global electric vehicle batteries production tripod with plants in Ulsan, South Korea and Xian, China.
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.,
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. The Toray Group will continue to develop, manufacture, and supply battery separator film and coating in Japan and Korea.
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.
BYD has begun delivery of Europe’s largest single order for electric buses to Keolis Nederland BV, the Dutch subsidiary of global public transport provider, Keolis. Despite restrictions brought about by the coronavirus pandemic, the BYD eBus fleet has been delivered on time and according to pre-pandemic production schedules.
Automotive and industrial supplier Schaeffler has opened a new production facility at its Szombathely location in the west of Hungary. The goal is sustainable mobility, and we are determined to make real progress in that direction as a key technology partner for our customers by leveraging our global network of production facilities.
Samsung SDI (Hungary): 20 GWh. SK Innovation (Hungary): 7.5 A more recent trend with Europe’s lithium-ion battery build out is the emergence of auto majors as pseudo-battery producers seeking to secure cell supply through joint-venture plants. Northvolt (Sweden): 16 GWh. Envision AESC (UK): 1.9GWh.
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. SKIET plans to supply separators produced at its Changzhou factory in China to Sunwoda.
—Julia Poliscanova, senior director for vehicles and emobility at T&E Germany, Hungary, Spain, Italy and the UK stand to lose the most if battery-makers change their plans. Europe’s global share of new investment in Li-ion battery production dropped from 41% in 2021 to a meagre 2% in 2022, according to BloombergNEF.
China continues to dominate BloombergNEF’s (BNEF) global lithium-ion battery supply chain ranking, for the third time in a row, for both 2022 and its projection for 2027, due to continued support for the electric vehicle demand and raw materials investments. —Allan Ray Restauro, metals and mining analyst at BNEF and lead author.
The strategic vision of the global production network is the BMW iFACTORY. with an integrative, global approach. 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.
Our assumption is that the global battery market will grow up to 25 percent each year. Bosch’s role is to supply automated assembly lines for welding and gluing the battery cells. Fully automated local production ensures high quality standards, maximum battery safety, and stable supply chains for e-bike manufacturers.
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.
From January to May 2021, more than a dozen new projects and expansions have been reported globally, Roskill said. South Korean company SK Nexilis has accelerated the completion of its domestic number five and number six plants in Jeongeup for Q3 and Q4 2021 to respond to supply shortages across the Asian market.
The self-driving truck was supplied by Scania, with Hungary-based V2X company Commsignia providing in the C-ITS technology. The satellite positioning has been augmented with an Ultra-Wideband (UWB) ranging solution from Spanish research institution Ceit-IK4.
billion to build a 100 GWh battery plant in Hungary. The Debrecen, Hungary battery plant would join CATL’s Munich, Germany facility as the second for the company in Europe. We’re proud to see our Ambition 2039 supported by CATL’s commitment to CO2 neutral production in Hungary.”
In Germany, all Mercedes-Benz plants will be supplied with CO 2 -neutral energy. Today, new plants in Europe are already planned with a CO2-neutral energy supply from the start. With a CO2-neutral energy supply of the plants, we are consistently pursuing this approach and are actively driving sustainability in production.
In the future, Schaeffler will supply beam axles to automobile manufacturers, particularly in North America. In the electric beam axle, the electric motor, transmission, power electronics, and the entire rear axle are connected to each other and supplied to the customer as a ready-to-fit unit.
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. Battery capacity is currently growing at twice the speed of lithium raw material supply.
A trio of European countries and one from South America made major strides in reducing their levels of sulfur content in gasoline, allowing them to advance in the annual global ranking published by Hart Energy’s International Fuel Quality Center (IFQC). Click to enlarge. By themselves, those cities would rank 43 rd , just above the US.
Frost & Sullivan projects that the global Li-ion battery materials market will reach $51.60 China leads the demand and supply of all of the key battery materials, accounting for more than 85% of the total globalsupply of cathode materials, anode materials, electrolytes, and separators. billion by 2027 from $18.75
Notably, BYD owns the vertical supply chain for seamless integration and manufacturing control, including the production of semiconductors. Global leader in new energy vehicles. BYD is the global leader in new energy vehicles (NEVs), and the third-largest auto brand in the world based on market capitalisation.
billion (US$886 million) to build a cathode manufacturing facility that will provide materials that ultimately supply batteries for Ford’s future electric vehicles. For SK On, the new facility is part of its efforts to secure a stable supply of key battery materials in North America. million EVs a year.
The company detailed its global vehicle portfolio plans supporting these production goals as part of its Ford+ plan. Ford expects a compound annual growth rate for EVs to exceed 90% through 2026, more than double forecasted global industry growth. BHP: For nickel supply from BHP’s Nickel West operations in Australia.
The smart plant in Hambach will become a part of our global compact car production network with the lead plant Rastatt, Germany. —Markus Schäfer, Member of the Divisional Board of Management of Mercedes-Benz Cars, Production and Supply Chain. In the next few years, Mercedes-Benz Cars will invest €10 billion (US$11.8
Samsung SDI initiated the construction of an automotive battery factory located in Hungary in August of last year, forming a triangular global operation: Korea, China and Europe.
In 2022, Mercedes-Benz’ global portfolio will include eight all-electric Mercedes-EQ models. The global Mercedes-Benz production network is ready for the company’s electric product offensive and is integrating its Mercedes-EQ models into series production in its existing plants. Global battery production network.
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 EQB in the global production network. Following the EQA 250 (combined electrical consumption: 15.7 The market launch in China is scheduled for this year.
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. The global Mercedes Benz production network is sustainable, digital and flexible.
Mercedes-Benz announced that its Rastatt plant—the company’s lead plant in global production of compact cars—will produce compact-class electric EQ models in the future. The decision is based on a declaration of intent, which the company has set up with the works council. Ten billion euros (US$11.2 Earlier post.)
The company operates five facilities globally, including three in Germany and one each in Hungary and China, and employs approximately 400 staff. The company also produces market-leading top-quality sound-absorbing materials and nonwovens for home interior and heat insulation use.
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. That would be enough to supply over 2 million European households.
Location data and technology company HERE Technologies, in conjunction with SBD Automotive, a global automotive research firm, published an interactive index that shows the developing state of electric vehicle (EV) demand and infrastructure readiness across the United States and Europe.
A large supply of used models and significant discounting continues to put pressure on market values. Discounts on new prices, plus a large supply of used vehicles, continues to put pressure on market values. Other European markets, such as Hungary , are anticipating price rises later in 2025 as a result.
This war will have many long-term consequences, but possibly none more important than its effects on the future of the European energy supply. Rapid severing of Europe’s Russian supplies would create an unprecedented economic and existential emergency on the continent. European gas supplied three-fifths of the continent’s demand.
The company detailed its global vehicle portfolio plans supporting these production goals as part of its Ford+ plan. Ford expects a compound annual growth rate for EVs to exceed 90% through 2026, more than double forecasted global industry growth. BHP: For nickel supply from BHP’s Nickel West operations in Australia.
Chinese battery maker and Tesla supplier CATL reported its earnings for 2022 today and showed a massive increase in overall income from the year prior, and it was supported largely by its domination in supplying EV makers with cells. It is continuing to expand into other markets as well, including Hungary. Analysts expected just 28.8
The scheme ’s proponents say this Caspian-Black Sea energy corridor will help decrease global carbon emissions, provide dependable power to Europe, modernize developing economies at Europe’s periphery, and stabilize a region shaken by war. GW—enough to supply over 2 million European households. billion (US $3.8 billion). is realistic.”
Chinas Global Dominance in the Electric Vehicle Industry China has emerged as a powerhouse in the electric vehicle (EV) industry, playing a dominant role in global EV production, sales, and technological advancements. Global Expansion of Chinese EV Brands Chinese EV manufacturers are no longer limited to their domestic market.
CATL is doubling down on its global expansion efforts as it seeks more growth in overseas markets. Source: CATL) CATL is accelerating its global expansion plans CATL is adding two new factories to its previously announced six, according to local media firm LatePost. The company has been in talks with around 10 OEMs to license its tech.
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