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Volkswagen launches PowerCo for global battery business; €20B investment; standard factories

Green Car Congress

With immediate effect, responsibility for global battery business is to be held by the newly created company “PowerCo”. Future gigafactory for battery cells at the Salzgitter site: Salzgiga. It shows that we are bringing the leading-edge technology of the future to Germany! PowerCo will become a global battery player.

Standards 259
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Cepsa to invest €3B in Andalusia to build the largest green hydrogen hub in Europe; additional €2B for renewable power

Green Car Congress

Cepsa—the Spain-based multinational oil and gas company—will invest more than €3 billion to establish the Andalusian Green Hydrogen Valley, creating the largest green hydrogen hub in Europe in southern Spain. Andalusia has world-class port infrastructure, connected to the main ports of Europe and the world.

Hydrogen 397
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EU market commissioner encourages ICE vehicle exports as if global climate change doesn’t affect Europe

Electrek

EU Internal Market Commissioner Thierry Breton is publicly urging automakers to consider continuing internal combustion engine vehicle production over fears of lost jobs and a future in which middle class consumers cannot afford EVs.

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Rosatom and EDF Group partner to develop green hydrogen in Russia and Europe

Green Car Congress

Russian Rosatom State Atomic Energy Corporation and the EDF Group signed a strategic cooperation agreement in March 2021 to develop green hydrogen in Russia and Europe. We are ready to become one of the key players in the emerging global hydrogen production, transport and consumption market.

Russia 338
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MAN Truck & Bus will offer an eBus chassis for the global market; NMC and LFP battery options

Green Car Congress

MAN Truck & Bus will in future be offering an eBus chassis for the global market. By 2040, sales of zero-emission buses are expected to rise to more than 80% of the global market. First prototypes are to be delivered as early as 2023, series production is slated to start in 2024.

Global 221
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Kia brings e-Soul to Europe, upgrades Niro hybrid and PHEV

Green Car Congress

Kia used the Geneva International Motor Show as the platform to introduce the battery-electric e-Soul to Europe, as well as to reveal new upgrades to the Niro Hybrid and Plug-in Hybrid. —Emilio Herrera, Chief Operating Officer for Kia Motors Europe.

Kia 257
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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

Green Car Congress

After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas. —Jon Moore, CEO of BNEF.

Gas 243