Search results for Hungary
Mobility
Xpeng in talks to acquire Volkswagen Europe plant as exports jump 62 percent
Chinese electric vehicle maker Xpeng is discussing a plant acquisition with Volkswagen to secure a production base in Europe, as capacity at its contract manufacturing line in Austria tightens. Xpeng produced G6 and G9 models for Europe at Magna Steyr in Austria and completed trial production of the 2026 P7+ sedan in January. Xpeng\'s April overseas exports rose 62 percent from a year earlier. Volkswagen is pursuing cuts to excess capacity in Europe and is considering transferring some capacity to Chinese partners.
Industry
LG Electronics wins commercial display order for Frankfurt Airport new terminal
LG Electronics said on May 14 it supplied large LED signage to the new terminal at Frankfurt Airport in Germany, described as Europe’s largest aviation hub. The company installed 115 square metres of LED signage at the central Market Place area of Terminal 3, which opened in late April. LG Electronics said the signage meets European fire safety and electromagnetic compatibility standards and is designed to slow fire spread.
Industry
K battery makers see end of chasm tunnel, profitability within reach in Q2
South Korea\'s three major battery makers posted weak first-quarter results. LG Energy Solution and Samsung SDI swung to operating losses, and SK On is also expected to remain in the red. Brokerages see the first quarter as a cyclical trough and expect a shift to profitability from the second quarter as energy storage system sales ramp up and electric-vehicle demand recovers. Key variables include the pace of ESS revenue recognition and normalization of North American production.
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AI & Enterprise
KT joins NATO Locked Shields cyber drill for second straight year
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Industry
Ecopro posts Q1 operating profit of 60.2 billion won, up 4,280 percent
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Industry
Ecopro BM Q1 operating profit 20.9 billion won up 823 percent on year
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Industry
Solus Advanced Materials Q1 operating loss 22 billion won widens 43.8 percent
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Industry
Samsung\'s Harman expands from audio powerhouse to comprehensive auto electronics player
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Industry
Korea\'s three battery makers set for first-quarter losses
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Industry
Ecopro to pursue battery lifecycle management and renewable energy business
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Industry
K-battery searches for turnaround card at InterBattery 2026
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Crypto
Polymarket faces insider trading controversy after $1 million profit on Iran strike bet
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Games & Commerce
CJ CheilJedang pushes K-food into new territories in overhaul bid
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Industry
Ecopro BM posts 41 billion won Q4 operating profit, returns to profit
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Industry
Ecopro establishes first European sales subsidiary in Germany
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Industry
LFP batteries overtake nickel-based chemistry as top choice for EVs in 2025
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Industry
GI Tech starts supplying battery pump systems to LG Energy Solution
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Industry
Ecopro founder Lee Dong-chae says there is no future without technology