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

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The new plant will be climate-neutral and build only electric cars, underpinning the company’s ambition to become fully electric by 2030 and climate-neutral by 2040, and to continue expanding its global production capacity to match its growth ambitions. The new facility represents an investment of around €1.2

Slovakia 273
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EC approves second major battery innovation project; €2.9B (US$3.5B) from 12 member states

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The European Commission has approved , under EU State aid rules, a second Important Project of Common European Interest (IPCEI) to support research and innovation in the battery value chain. The project complements the first IPCEI in the battery value chain that the Commission approved in December 2019 with €3.2 billion (US$3.5

Batteries 482
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Rio Tinto and InoBat partner to explore full life-cycle lithium battery initiative

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Rio Tinto and InoBat, a European battery technology and manufacturing company, signed a Memorandum of Understanding to work together to accelerate the establishment of a “cradle-to-cradle” battery manufacturing and recycling value chain in Serbia. —Marnie Finlayson, Managing director of Rio Tinto’s borates and lithium businesses.

Serbia 321
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Aptera and EVE Energy partner for 21700 NMC battery cells

Teslarati

Aptera has announced that they will be using EVE Energy batteries in their upcoming production car, and the batteries will be produced in San Diego. Specifically, Aptera has chosen to use EVE’s 21700 NMC 811 cylindrical lithium-ion batteries in its structural battery packs.

Aptera 98
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EU formally approves sales ban of combustion engine cars by 2035

Teslarati

In a vote of 340 votes for, 279 votes against, and 21 abstentions, the law will push for new performance standards for new cars and vans in line with the EU’s climate goals. The push to transition consumers toward all-electric powertrains is an effort to eliminate greenhouse gas emissions and reach lofty climate goals.

Sale 98
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Kia outlines its path to achieving carbon neutrality by 2045; full electrification in major markets by 2040, in Europe by 2035

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Once established, the process will increase the re-use percentage of used batteries and plastic. Furthermore, Kia is planning to conduct pilot projects on second-life battery energy storage systems (SLBESS) with external partners from 2022. Achieving RE100 and zero emissions at all Kia business sites.

Kia 395