News in English Hungarian automotive industry: week 49 2021

Hungarian automotive industry: week 49 2021

Panker Gergő | 2021.12.13 09:24

Hungarian automotive industry: week 49 2021

Fotó: Facebook/szijjarto.peter.official

South Korean cathode producer to build new plant in Debrecen, BMW holds supplier day, Continental signs new collective agreement at Makó plant. Let’s recap what last week brought in Hungary’s automotive sector. Clicking on the highlighted items will open the full stories.

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South Korea-based EcoPro BM, a company specializing in the manufacturing of cathodes for lithium batteries, will build its first plant outside of South Korea in Debrecen, Hungary. The €728 million facility will provide a livelihood for 631 employees.

On its way to becoming a major automotive hotspot, Debrecen hosted the BMW Group Supplier Day last week. The Bavarian manufacturer’s plant in Debrecen is scheduled to launch the production of all-electric models in 2025.

The Hungarian importer of Dacia is optimistic about the sales prospects of the Romanian marque and its French sister brand Renault, and sees it as a realistic goal to have each Dacia model among the top 3 best-selling cars in their own segment among private customers.

A new collective agreement has been signed at Continental’s Makó plant, settling a prolonged dispute between management and the employees. The source of the controversy, raising concerns even on government levels, was the unilateral termination of the previous work contract by the employer.

Volkswagen has announced three new cooperation agreements promoting battery manufacturing. They include the construction of a new cathode plant and sustainable sourcing of lithium.

Stellantis has announced expectations of as high as €20 billion in revenues from the sales of software-based products and services by 2030, for which the car maker is planning to introduce AI-based architectures.

German automotive supplier Bosch has announced measures in the name of digitalization, merging its automotive software development activities into its ETAS subsidiary.

In Poland, November brought plummeting new car sales due to the global shortage of semiconductors and decreasing production volumes.

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