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

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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.

Slovakia 273
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Daimler, partners building next-gen additive manufacturing process pilot production line for spare parts

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NextGenAM partners Premium AEROTEC, EOS and Daimler are building a pilot production line for a next-generation automated additive manufacturing (AM) process. Retainer of the truck diesel engine—the first spare part of the partner pilot project NextGenAM, from Daimler, Premium AEROTEC and EOS.

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H-TEC SYSTEMS building manufacturing facility in Hamburg for PEM electrolysis stacks

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The H-TEC SYSTEMS Stack Manufacturing & Development Center will gather stack development, production and testing in one location, employing several hundred employees in the long term. The construction of the automated factory is part of the PEP.IN

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Hyundai Mobis building third core EV parts plant in Korea

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Hyundai Mobis is building its third core parts plant for electric vehicles in Pyeongtaek, Gyeonggi-do, Korea, following plants in Chungju and Ulsan. From the second half of next year, the new plant is expected to mass-produce 150,000 EV-specific module parts per year. at the Pyeongtaek plant.

Hyundai 345
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Ford to invest C$1.8 billion in Oakville complex for EV manufacturing in Canada

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billion) in its Oakville Assembly Complex to transform it into a high-volume hub of electric vehicle manufacturing in Canada. The investment allows Ford to repurpose and transform existing buildings into a state-of-the-art facility that leverages Ford of Canada’s skilled and experienced workforce. Ford Motor Company is investing C$1.8

Canada 397
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Hyundai Motor Group starts building lunar exploration rover development model

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Hyundai Motor Group (the Group) has started building an initial development model of a lunar exploration mobility rover in tandem with aerospace partners. Following discussions with the various stakeholders, the Group decided the direction for the initial lunar exploration mobility development model.

Hyundai 435
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EcoProBM, SK On and Ford to invest C$1.2B to build NCM cathode manufacturing facility in Bécancour, Québec

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billion (US$886 million) to build a cathode manufacturing facility that will provide materials that ultimately supply batteries for Ford’s future electric vehicles. For SK On, the new facility is part of its efforts to secure a stable supply of key battery materials in North America.