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T&E: two-thirds of European battery production at risk as companies weigh investing in US instead

Green Car Congress

T&E used publicly available information to assess the 50 gigafactories announced in Europe based on their finance and permits, whether they had secured a location, and the companies’ links to the US. Without this expansion, Europe will not be able to satisfy its battery demand in 2030 and will need to import from foreign rivals.

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SK On secures US$2B for battery business in Europe

Green Car Congress

The three agencies will finance SK On by providing credit guarantees and insurance as the company applies for loans in overseas commercial banks. 3 in Europe currently under construction in Iváncsa, Hungary. The three agencies that took part in the financing are all export credit agencies (ECAs). trillion (US$2.5

Europe 210
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Audi going to the moon; Audi lunar e-quattro rover

Green Car Congress

Audi is supporting the German team (the “ Part-Time Scientists ”) in the Google Lunar XPRIZE (GLXP) competition with its know-how in several fields of technology from quattro all-wheel drive and lightweight construction to electric mobility and piloted driving. The concept of a privately financed mission to the moon is fascinating.

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Joint IEA-NEA report details plunge in costs of renewable electricity; nuclear competitive with other baseload power sources

Green Car Congress

The report, Projected Costs of Generating Electricity: 2015 Edition , also shows that new nuclear power plants generate electricity more cheaply than other established “baseload” sources—mainly coal- and gas-fired power plants—over the full lifetime of facilities when financing costs are relatively low.

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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

News | Markets | Technology | Personal Finance | Small Business | CNN.com RSS Newsletters Video Home Fortune 500 Technology Investing Management Rankings Warren Buffett takes charge Warren Buffett hasnt just seen the car of the future, hes sitting in the drivers seat.

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