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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 ).
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.
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. SK’s first and second European plants are also located in Hungary (Komárom); the expected third plant will be the largest.
GS Yuasa Corporation will establish a manufacturing subsidiary company, GS Yuasa Hungary Ltd. in Hungary and build a new plant for lithium-ion batteries. These batteries will be used for SLI (Starting, Lighting, and Ignition) applications which are expected to be expanded in the European 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.,
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.
The BMW Group is building a high-voltage battery assembly for the vehicles of the NEUE KLASSE at its site in Hungary. Cell manufacturers will use cobalt, lithium and nickel that include a percentage of secondary material, i.e. raw materials that are not newly mined, but already in the loop, in production of battery cells.
Currently, the company holds an annual battery production capacity of 40GWh, produced in various countries, including South Korea, the United States, China, Hungary. The company plans to quickly expand its production capacity to 85 Gwh by 2023, 200 Gwh by 2025, and 500 Gwh by 2030. Earlier post.).
r in Hungary is engaged in decarbonization by means of three mechanisms. Audi Hungaria is the biggest user of industrial geothermal energy in Hungary. In 2019 alone, Audi Hungaria saved more than 18,000 megawatt-hours of energy and avoided CO 2 emissions amounting to almost 5,750 tonnes by means of numerous efficiency measures.
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.
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. These batteries will be used in the models of the NEUE KLASSE.
This expansion follows NIO’s entry into the Norwegian market last year. NIO is committed to a comprehensive battery charging system in the new markets. In September, the first Power Swap Station manufactured in NIO Power Europe Plant located in Hungary rolled off the production line.
Automotive manufacturing of the future requires a new, holistic way of thinking. 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?.
In the future, Schaeffler will supply beam axles to automobile manufacturers, particularly in North America. For the electrification of medium-duty pick-up trucks, particularly for the North American market, Schaeffler is developing and will manufacture an electric beam axle.
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.
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.
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. billion by 2027 from $18.75
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.
Zoltek is a large two carbon fiber manufacturer; large tow carbon fiber is carbon fiber with 40,000 or more filaments applied for applications such as wind turbine blades and reinforced plastics compounds, and is produced on modified acrylic staple fiber production lines for textiles. Toray Industries, Inc. per share).
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. Modern logistics concepts are also integrated.
The first cars of the NEUE KLASSE will come off the production line at our plant in Debrecen, Hungary, starting in 2025, followed by the main plant in Munich. In Mexico, we are investing 800 million euros in our plant and creating around 1,000 new jobs.
Eaton is continuing to expand and evolve its European eMobility business design capabilities, technologies and operations to support global electrified vehicle manufacturers. Due to its proximity to major manufacturers and suppliers, the new office serves as a base for customer interaction and engineering services in the region.
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.
of new-car registrations, according to data from ACEA, the European Automobile Manufacturers Association. 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. All alternatively?powered
across the EU, as measures to prevent the spread of COVID-19 lead to the closure of dealerships, according to the ACEA (European Automobile Manufacturers Association). Each vehicle segment was strongly affected by the fallout of the COVID-19 outbreak and all 27 EU markets recorded substantial declines last month. and Spain saw a 67.2%
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. So far this year, electrified vehicles have been the only lifeline for manufacturers operating in Europe. This is also pre-COVID-19.
Wolfgang Bernhard, Member of the Board of Management of Daimler AG responsible for Manufacturing and Procurement Mercedes-Benz Cars & Mercedes-Benz Vans. Market launch will be in mid-September. The new Mercedes-Benz compacts are produced in a network of the Mercedes-Benz plants in Rastatt, Germany, and Kecskemét, Hungary.
BYD is not just another car manufacturer. Notably, BYD owns the vertical supply chain for seamless integration and manufacturing control, including the production of semiconductors. BYD is the first, and only company in the world, to provide full market new energy vehicle solutions. BYD is a high-tech brand.
r, Hungary, Audi is testing a new method of body sealing. At its paint shop in Gy?r, Before a car is given its paint finish, a paste-like sealing material is applied to areas such as the weld seams. This improves vehicle acoustics, guards against corrosion and seals off the interior.
r, Hungary. As a next step to the existing large-scale plant in Linz, AUDI AG is currently looking into the possibility of using sources with higher concentrations of CO 2 and filtering additional emissions such as nitrogen oxides. In addition, DAC technology could be implemented on a much larger scale at Audi’s site in Gy?r,
High-efficiency battery systems will also be manufactured and assembled within the production network. BBAC), launched EQC production for the local market in China. EQA production will also follow next year (2021) at BBAC in Beijing for the Chinese market. We are now beginning a real Mercedes-EQ fireworks display.
DAF is starting to supply the LF Hybrid in the UK, the Netherlands, Germany, France and Belgium; countries in which market research has shown that the interest in hybrid vehicles is highest. DAF is the market leader in the Netherlands, Belgium, the UK, Poland, the Czech Republic, Romania and Hungary. for the first half of 2010.
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. These batteries are manufactured at the Daimler plants in Kamenz (Germany) and Jawor (Poland).
We know batteries like the back of our hand, as well as how they have to be manufactured. The company is investing some €70 million (US$82 million) this year in expanding local manufacturing operations. Our assumption is that the global battery market will grow up to 25 percent each year. —Rolf Najork.
Building upon their complementary scope and portfolio, the joint venture will benefit from substantial synergies in manufacturing and sourcing and create a base for sustained growth and profitability. The electric vehicle components market is expected to grow with a compound annual growth rate of more than 20% until 2020.
At IAA Commercial Vehicles, Dutch truck manufacturer DAF—a division of Paccar—is showcasing the LF Electric, CF Electric and CF Hybrid Innovation trucks. DAF said it will be ready to introduce these trucks when the market is ready. DAF’s heavy-duty market share in Europe grew from 15.3% in 2017 to 16.5%
In Germany the smart brand is the market leader among all-electric vehicles in the first quarter of 2018. In 2007 smart launched a battery-powered vehicle as a pioneer in e-mobility and has been producing electric smarts in series since 2012. The preparations for the new model in Hambach will start shortly.
Production at the Szentgotthardt plant in Hungary will begin in late 2012. Environment initiative: Opel/Vauxhall wants to expand its position as a manufacturer of alternative propulsions. Export initiative: Opel wants to enter new markets, including Australia, North Africa, South America and the Middle East.
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. It makes it possible to adjust production at short notice according to market demand.
In March China’s EVE Energy announced plans to set up its first European battery plant with an estimated capacity of 30 GWh in Debrecen, Hungary. Tier 1 is defined as a battery manufacturer that is qualified to supply more than one multinational automaker outside of China—e.g., LG Energy Solutions said it would invest KRW 1.7
The company will decide on the basis of market demand which foreign locations will produce further EQ models within the production network. The A-Class, B-Class and the compact SUV GLA are manufactured at the location. Future EQ models can be integrated in the series production of existing Mercedes-Benz plants on four continents.
is supplying Daimler with HVH (High Voltage Hairpin) electric motors for the two-mode hybrid transmissions used in the 2010 Mercedes-Benz ML450 Hybrid ( earlier post ) recently released to the United States market. Remy manufactures hybrid motors with both types of rotor construction, offering its customers options in performance and cost.
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