article thumbnail

Euro Manganese enters offtake term sheet with battery-maker Verkor

Green Car Congress

Euro Manganese has entered into an offtake term sheet with Verkor , a low-carbon battery manufacturer based in Grenoble, France, for the sale of high-purity manganese sulfate monohydrate (HPMSM) from the company’s Chvaletice Manganese Project in the Czech Republic. Earlier post.) The term sheet is non-binding.

article thumbnail

ŠKODA collaborates with IBG ?esko on second-life battery energy storage system; up to 328 kWh

Green Car Congress

So far, 160 pre-orders have been received from dealers in the Czech Republic, Germany, the Netherlands and Slovakia. The battery systems are financed through municipal or state subsidies. Following a successful pilot project in Prague, the energy storage units are now available to ŠKODA contract dealers.

article thumbnail

European Fast-E project launches; 278 fast-charging points in Germany and Belgium

Green Car Congress

The Fast-E project, co-financed by the European Union and nine companies, has officially launched , with the objective of installing 241 fast-charging charging stations in Germany and 37 in Belgium. A sister project between the Czech Republic and Slovakia will add another 30 charging stations.

Belgium 199
article thumbnail

Hyundai Motor targeting 7% of global EV market by 2030; 1.87M BEVs

Green Car Congress

Presentation of Gang Hyun Seo, Executive Vice President and Head of Finance & Accounting Division at Hyundai Motor Company. Beyond existing BEV production facilities centered in Korea and the Czech Republic, Hyundai plans to expand its BEV manufacturing bases gradually, starting with an Indonesian plant that recently started operation.

Hyundai 370
article thumbnail

Volkswagen to spend ~€44B on e-mobility, autonomous driving, new mobility services and digitalization through 2023

Green Car Congress

The Volkswagen Group is working consistently on improving earnings at all brands and companies in order to finance the enormous challenges of the future from its own resources. Programs to secure the agreed targets have been initiated by the brands and companies. BUZZ family in addition to building vehicles with conventional drives.