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The opening of a new facility employing 80 people marks a new chapter for Einhell, the German producer of battery-powered DIY and garden tools. With an investment of over EUR 4.93 million, the market leader is setting up its first European manufacturing plant in Sormás, Zala County, where batteries and battery chargers for modular power tools will be assembled.
2024. 07. 23.
Battery #BatteryOEMs that are present on the Hungarian market plan to implement their electrification strategy here, and they need strong partners to achieve that objective. This economic necessity is one of the driving forces of the dynamically growing local EV ecosystem that could rely on Hungarian R&D capabilities in the long run if universities manage to intensify their related efforts, experts concluded at P...
2023. 10. 17.
Battery #BatteryThis year the most important annual meeting of local and regional battery industry stakeholders, the III. Hungarian Battery Day conference will take place on 26 October in Budapest, organised jointly by White Paper Consulting and the Hungarian Battery Association.
2023. 10. 05.
Battery #BatteryOur continent overslept the EV revolution in terms of ramping up sufficient battery capacities. Careful planning and joint effort can help in the catch-up campaign against Asian stakeholders that had a head start early on. Excerpts from the panel discussion “Eur...
2023. 09. 14.
Battery #BatteryWith an investment of around EUR 61.9 million, Samsung SDI is boosting its Hungarian R&D activities in Göd. As a result of the decision, the company is committing to create 25 R&D jobs, and it is the first company in Hungary to launch a battery technology traini...
2023. 09. 07.
Battery #BatteryThe Hungarian EV ecosystem is going to be enriched by yet another battery manufacturer that is ranked top 10 in the world. The announcement by Sunwoda of an initial investment of EUR 245 million marks a new chapter in the history of the Chinese firm to set up sh...
2023. 07. 27.
Battery #BatteryChinese-owned Huayou Cobalt has announced to set up its very first European plant in Ács, Komárom-Esztergom county, Hungary. As a result of the almost EUR 1.3 billion investment, substantial cathode material production capacities will be created for electric veh...
2023. 06. 21.
Battery #BatteryChinese battery cell manufacturer EVE Power will build a new production plant in Debrecen by investing more than EUR 1 billion. The first such European facility of the company will supply BMW Group’s neighbouring iFactory and is set to have a total capacity of 2...
2023. 05. 09.
Battery #BatterySouth Korea-based Sang-A Frontec extends its production capacities at its site in Szada, Pest county. The company is implementing a EUR 25 million investment to ramp up manufacturing of plastic battery parts for its main client, Samsung SDI. The development will...
2023. 05. 05.
Battery #Battery