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Ford choses Valencia, Spain plant for next-gen EV architecture

Green Car Congress

Ford in Europe has chosen its plant in Valencia, Spain, as the preferred site to assemble vehicles based on a next-generation electric vehicle architecture. Pending product approval, the Valencia plant could produce the electric and connected vehicles beginning later this decade.

Spain 199
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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. The company will build two plants with a total capacity of 2 GW to produce green hydrogen.

Hydrogen 397
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IHS Markit: global auto sales to drop 22% this year

Green Car Congress

IHS Markit cut its forecasts for global light vehicle sales and production as the impact COVID-19 impact has depressed demand. According the new analysis, global light vehicle sales are now forecast to be 69.6 IHS Markit forecasts a similar decline for global light vehicle production, falling to 69.3

Global 150
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Stellantis and Toyota Europe expand partnership with new large-size commercial van including electric version

Green Car Congress

This agreement strengthens our leadership in the EU30 for LCVs and low emission vehicles and moves us a step closer to realizing our Dare Forward 2030 goal of becoming the undisputed global light commercial vehicle leader, in terms of technology, manufacturing, market share and profitability. —Carlos Tavares, Stellantis CEO.

Europe 321
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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

Green Car Congress

Global investment in carbon capture and storage (CCS) tripled to $3 billion, and that in hydrogen was $1.5 A geographical split of BNEF’s energy transition investment data shows that Europe accounted for the biggest slice of global investment, at $166.2 Global investment in renewable energy capacity moved up 2% to $303.5

2020 259
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Stellantis-Leapmotor announces global expansion, to enter India by Q4 of 2024 | Autocar Professional

Baua Electric

Carlos Tavares, Stellantis’ global CEO, has announced that Leapmotor will enter the Indian market in Q4 of 2024 as part of Leapmotor International’s global expansion strategy. The whole global market expansion is based on the strategic cooperation with Stellantis. The ultimate goal is the zero emission vehicles.

India 52
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Renault-Nissan, Enel and Endesa to Partner on Electric Mobility in Italy, Spain and Latin America

Green Car Congress

Enel, Endesa and the Renault-Nissan Alliance signed a Memorandum of Understanding aimed at developing electric mobility across several geographical areas in Italy, Spain and Latin America. Joint evaluation for development of pilot projects in areas to be identified in Italy, Spain and Latin America. the compact hatchback Zoe Z.E.,

Spain 210