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Chinese battery maker Sunwoda to establish production base in Hungary

TechNode

AUGUST 10, 2023

On August 9, Chinese battery manufacturer Sunwoda announced its plan to establish a battery project in Hungary with an investment of approximately RMB 1.9 The Hungary project marks Sunwodas first production base in Europe and its third overseas factory following its global expansion initiated in India in 2017, the firm said.

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CATL to produce superfast charging LFP battery in Germany and Hungary

TechNode

SEPTEMBER 5, 2023

Chinese battery maker CATL plans to manufacture its high-speed charging Shenxing battery not only in China, but also at its facilities in Germany and Hungary, the companys principal engineer Gao Pengfei said on Monday at the IAA Munich car show. Reuters ]

Hungary

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CATL denies reports of European Commission investigation of battery plant in Hungary

TechNode

AUGUST 31, 2023

On August 30, Chinese battery maker CATL denied reports of the European Commission investigating its battery factory in Hungary. The companys Hungarian project has passed the environmental impact assessment by the Hungarian government and is currently progressing smoothly, CATL said. billion euros.

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China’s CATL files for secondary listing in Hong Kong to fund expansion

TechNode

FEBRUARY 12, 2025

Shenzhen-listed battery giant CATL has applied to list in Hong Kong and plans to use the proceeds to fund the construction of a new 100 gigawatt-hours (GWh) battery pack factory in Hungary, in what could be the largest fundraising exercise in the city since early 2021. The company could raise more than $5 billion, Bloomberg had reported.

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China’s CATL seeks battery recycling site in Europe

TechNode

NOVEMBER 21, 2024

Chinese electric vehicle battery maker CATL is seeking a location for a new battery recycling facility in Europe and has been in discussion with local governments including Hungary for the matter, regional operations chief Jason Chen told Bloomberg in an interview in Budapest.

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CATL to announce new factory in Europe this year: executive

TechNode

JANUARY 24, 2025

The companys second regional factory is on track to begin production with an annual capacity of 40 GWh in the first phase in Hungary in the second half of 2025; its first European plant opened in the German state of Thuringia in 2022. The comments were delivered just a month after the Chinese battery maker unveiled its plan to build a $4.3

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BYD to introduce low-cost EV to Europe: executive

TechNode

MAY 9, 2024

Shu also mentioned the companys plan to establish a second car factory in Europe in 2025, aside from the first one for passenger EVs currently under construction in Hungary, as BYD aims to be in a leading position in the regional market by 2030. Reuters ]

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Chery becomes first Chinese automaker to produce cars in Europe

TechNode

NOVEMBER 24, 2024

Chinas largest EV maker, BYD, announced last December plans to build its first regional plant in Hungary, in addition to a factory in the country that assembles electric buses. Xinhua , Reuters ]

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China’s Great Wall Motor to shut down European office as EV tariffs loom

TechNode

MAY 31, 2024

The automaker, headquartered in the northern Chinese city of Baoding, is still planning to build a factory in Europe with Germany, Hungary, and the Czech Republic among the possible locations, although it sold only 1,621 vehicles on the continent in the first four months of this year. Automotive News Europe ]

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BYD adds Pakistan to its global EV production footprint

TechNode

AUGUST 18, 2024

Chinas biggest EV maker has been operating and managing plants in Thailand and Uzbekistan for a few months now with an annual production capacity of 150,000 and 50,000 units, respectively, while pushing for construction of new plants in Hungary, Turkey, Brazil, and Indonesia.

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Spain hands $146 million to Stellantis’s battery project with CATL

TechNode

OCTOBER 10, 2024

It also expects to complete the construction of a site in Hungary capable of making 100 gigawatt-hours (GWh) of batteries within two years, a project that began in late 2022. CATL has been making lithium-ion batteries at its first European plant in the German state of Thuringia since late 2021. Reuters ]

Spain

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Stellantis and China’s CATL announce new 50 GWh battery plant in Spain

TechNode

DECEMBER 11, 2024

The company aims to complete construction of a site in Hungary capable of producing 100 GWh of batteries within two years, and its first regional plant began operations in the German state of Thuringia in early 2023. The first phase of the 4.1 billion ($4.3

Spain

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Great Wall Motor has submitted documents for EU subsidy probe: president

TechNode

OCTOBER 24, 2023

The automaker has been selling imported EVs in Germany since late last year, and is considering setting up its first regional plant in Germany, Hungary, or Czechia, Meng Xiangjun, president of its European operations told Automotive News on May 30. Great Wall Motor presidents Weibo post, in Chinese ]

Hungary

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China’s Xpeng Motors planning EV production in Europe

TechNode

AUGUST 27, 2024

Similarly, Chinese auto giant BYD is establishing regional facilities in Uzbekistan, Hungary, and Turkey, while Chery will make EVs in Spain as early as in the fourth quarter of this year, as they look to sidestep tariffs and keep their car prices competitive. Bloomberg ]

Uzbekistan

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China’s BYD to build $1 billion EV factory in Turkey to supply Europe

TechNode

JULY 8, 2024

The company is also establishing a Ft 10 billion ($30 million) battery pack plant near Budapest in Hungary that will begin production next year. The move comes after the EU, on July 4, began imposing temporary duties of 27.4% on China-made BYD cars, while that percentage ranged between 29.9% Financial Times ]

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Elon Musk’s Twitter (now X): Everything you need to know, from layoffs to verification

TechCrunch

AUGUST 11, 2023

While Twitter is claiming to reduce ads on paid subscribers’ feeds, it is hard to prove if they are actually seeing fewer ads apart from anecdotal experiences. The Elon Musk-led company is now showing both algorithmic and chronological feeds side-by-side. What’s different this time?

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Nonprofit Technology

Chinese battery maker Sunwoda to establish production base in Hungary

CATL to produce superfast charging LFP battery in Germany and Hungary

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CATL denies reports of European Commission investigation of battery plant in Hungary

Webinars

China’s CATL files for secondary listing in Hong Kong to fund expansion

China’s CATL seeks battery recycling site in Europe

CATL to announce new factory in Europe this year: executive

BYD to introduce low-cost EV to Europe: executive

Chery becomes first Chinese automaker to produce cars in Europe

China’s Great Wall Motor to shut down European office as EV tariffs loom

BYD adds Pakistan to its global EV production footprint

Spain hands $146 million to Stellantis’s battery project with CATL

Stellantis and China’s CATL announce new 50 GWh battery plant in Spain

Great Wall Motor has submitted documents for EU subsidy probe: president

China’s Xpeng Motors planning EV production in Europe

China’s BYD to build $1 billion EV factory in Turkey to supply Europe

Elon Musk’s Twitter (now X): Everything you need to know, from layoffs to verification

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