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Northvolt to build 100 GWh/year cathode material plant in Sweden; reusing shuttered pulp and paper mill

Green Car Congress

Northvolt and Stora Enso recently signed a letter of intent on a purchase of the Kvarnsveden Mill and the surrounding industrial area in Borlänge, Sweden. We are thrilled to be able to open a new chapter in Borlänge’s history as a global industrial hub. —Peter Carlsson, Co-Founder and CEO of Northvolt.

Sweden 443
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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

The outbreak of COVID-19 has already impacted the automotive industry significantly, according to JATO Dynamics, a leading provider of global automotive data and insight. Global vehicle sales totalled 5.55 And unlike previous recessions, we’re not just dealing with people’s fears or purchase delays. million units. million units.

Europe 261
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Teijin acquires composites company Inapal to expand European automotive business

Green Car Congress

Teijin Limited has acquired Inapal Plasticos SA (Inapal), a leading automotive composite supplier in Portugal. The shares of Inapal will be purchased by Teijin Holdings Netherlands B.V., Now the acquisition of Inapal enables us to deliver on our promise to stakeholders to expand our technologies on a global basis, including in Europe.