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Volvo Cars building €1.2B EV manufacturing plant in Slovakia; third in Europe

Green Car Congress

Volvo Cars will build a third manufacturing plant in Europe, positioning the company well to meet the continued demand from its customers for electric cars and capture future growth potential. million cars by mid-decade, which it aims to meet with a global manufacturing footprint spanning Europe, the US and Asia.

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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

Photo: China News Service Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study. China leads the pack with a 40-70% cost reduction in utility-scale solar, onshore wind, and offshore wind compared to other Asia Pacific markets.

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ATC Drivetrain launches remanufacturing solutions for electric vehicles in North America and Asia

Green Car Congress

This move represents the next step in the company’s electrification strategy and builds on the competencies and processes initially developed in ATC’s UK facility.

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BNEF forecasts global energy storage market to grow 15-fold by 2030 to 411 GW/1194 GWh

Green Car Congress

Energy storage installations around the world are projected to reach a cumulative 411 GW (or 1,194 GWh) by the end of 2030, according to the latest forecast from research company BloombergNEF (BNEF). The “Inflation Reduction Act” will drive roughly 30GW/111GWh of energy storage build from 2022 to 2030, according to BNEF.

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Electrify America to more than double its current EV charging network by end of 2025

Green Car Congress

Electrify America announced its “Boost Plan” to more than double its current electric vehicle (EV) charging infrastructure in the United States and Canada, with plans to have more than 1,800 fast charging stations and 10,000 individual chargers installed by the end of 2025.

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Hynfra and Amarenco MENA form strategic partnership to produce hydrogen and ammonia in MENA region

Green Car Congress

The strategic partnership is aimed at building infrastructure for the production of hydrogen and its derivatives, primarily ammonia, using electrolysis powered by clean energy resources. The company finances, develops, builds and operates C&I and large-scale solar PV plants across Europe, the Middle East, and Asia. Hynfra P.S.A.

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Tesla Model 3 Highland RHD displayed in Hong Kong

Teslarati

pic.twitter.com/5GWnIENTu5 — Tesla Asia (@Tesla_Asia) October 12, 2023 A member of Tesla Owners UK visited the Tesla Model 3 Highland RHD at Hong Kong’s Giga Museum. Photos of the refresh Model 3 RHD at Giga Museum show Tesla’s pristine work on the vehicle’s build. Recently, V4 Superchargers were installed on Hong Kong Island.