Industry Trend Analysis - Autos Investment Round-Up: CEE Alternative Fuel Base Develops - MAR 2017
BMI View: The most recent investments in Central and Eastern Europe reflect the growing alternative fuel manufacturing hub in the region. In Turkey, the diversification of its product mix will bring stability to the industry.
In BMI's regular round-up of production investments, we track the latest projects from the production side of the industry and analyse trends that we see developing on a regional basis. In doing so, we hope to build a picture of any potential hubs that may be developing, as well as company strategy in terms of production bases and export programmes.
In Q316, over USD1bn was invested in the Emerging Europe region, with the majority going to Poland, marking the country's position as one of the most developed production bases in the region. Also notable is the growth of the region's electric vehicle (EV) supply chain as LG Chem invests in another battery plant to add to the Samsung SDI plant reported in our last round-up.