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SK On secures US$2B for battery business in Europe

Green Car Congress

The three agencies will finance SK On by providing credit guarantees and insurance as the company applies for loans in overseas commercial banks. 3 in Europe currently under construction in Iváncsa, Hungary. The three agencies that took part in the financing are all export credit agencies (ECAs). trillion (US$2.5

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Audi going to the moon; Audi lunar e-quattro rover

Green Car Congress

Audi is supporting the German team (the “ Part-Time Scientists ”) in the Google Lunar XPRIZE (GLXP) competition with its know-how in several fields of technology from quattro all-wheel drive and lightweight construction to electric mobility and piloted driving. The concept of a privately financed mission to the moon is fascinating.

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