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Toray, LG Chem to establish battery separator film joint venture in Hungary

Green Car Congress

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. LTHS), in which Toray and LG Chem each will hold a 50% interest. LTHS), in which Toray and LG Chem each will hold a 50% interest.

Hungary 186
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Northern Lights Energy and Reva Electric Car Company Sign Agreement to Develop the Electric Vehicle Market in Iceland

Green Car Congress

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.

REVA 284
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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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European car market logs best year for alternative fueled vehicles, lowest diesel share since 2001

Green Car Congress

The European car market remained stable during 2018, as 15.6 It was the best result since 2007, when the market peaked with 16.02 Strong results in Q2, where the market was up by 4.8%, and Q3, where the market was up by 1.1%, were enough to offset the large decline posted in Q4, where the market dropped by 7.5%

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4Q 2019: EU diesel demand continues to drop while gasoline gains; plug-ins up 80.5% y-o-y

Green Car Congress

of the EU market, while electrically?chargeable of total new car sales across the region from October to December last year. powered vehicles (APV) combined held a market share of 13.2%. Despite this overall decline, some markets are starting to show signs of recovery. Gasoline cars accounted for 57.3% All alternatively?powered

2019 259
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Frost & Sullivan: Li-ion battery materials market to reach $51.60B by 2027 from $18.75B in 2020; 15.6% CAGR

Green Car Congress

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.

Li-ion 170
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Euro car market has best H1 of century; diesels down 17%; AFVs up 31% for 5.4% of total; SUVs booming

Green Car Congress

The European car market recorded its best H1 performance of the century, with 8.6 Despite uncertainty in the UK, where the market was down 6.3% on H1 2017, the growth recorded in Germany, France and Spain allowed the overall market to keep growing. of the German market. —Felipe Munoz, JATO’s global analyst.

SUV 236