Samsung SDI expands electric car battery factory in Hungary * Geely and Volvo announce merger

[Samsung SDI expands electric vehicle battery plant in Hungary] South Korea's Samsung SDI will invest 942 billion won ($849 million) to expand its electric vehicle (EV) battery plant in Hungary, an official said Wednesday.

[Apple partner Hon Hai will work with Fisk Motors to build electric vehicles] Foxconn Group will jointly develop electric vehicles with Fisk. According to a joint statement issued by the two companies on Wednesday, the electric car will be manufactured by Hon Hai under the Fisker brand, sold to North America, Europe, mainland China and India, and is expected to be in mass production in the fourth quarter of 2023.

[Geely and Volvo announced a merger in electrified intelligent network sharing to deepen cooperation] blockbuster! Geely and Volvo announce merger! Geely Holdings Group has just announced that the two sides will merge on the basis of maintaining the existing independent company structure.

[ideal car's first pure electric car or 2023 launch] ideal car has recently launched the pure electric vehicle project, and the first pure electric vehicle is scheduled to be released in 2023. Prior to this, the ideal follow-up model will still use the add-on technology.

The new BYD D1 has been taken off the line from the factory and the new car will be on the market soon! On February 24, the official WeChat of Changsha Yuhua Economic Development Zone said that in the BYD production workshop in Yuhua Economic Development Zone, D1, a new energy passenger vehicle dressed in green fruit war armour, passed the offline test at the speed of 60 seconds each. nearly 400 vehicles can be offline every day.

[Fisker signed memorandum of understanding with Foxconn on electric vehicle production] it is reported that Fisker has signed a memorandum of understanding with Foxconn to cooperate with Foxconn in electric vehicle production. The two sides plan to produce 250000 cars a year, which will start production in the fourth quarter of 2023.