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CATL to build €7B battery plant in Hungary, its second in Europe

Teslarati

Limited, or CATL, has announced a massive investment to build a new cell manufacturing plant in Europe. billion to build a 100 GWh battery plant in Hungary. The Debrecen, Hungary battery plant would join CATL’s Munich, Germany facility as the second for the company in Europe.

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Intel Invests $20-billion in Ohio for Advanced Fabs

Cars That Think

state neither the company nor any other chipmaker has a presence in, Ohio. Intel announced today that it will build two leading edge logic fabs east of Columbus at a cost of $20 billion. The company gave no information about the fabs' capacities in terms of wafers per month. In comparison, Ohio is a chipmaking frontier.

Ohio 99
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UK Carbon Trust report says fuel cell vehicles could take more than 30% of mid-sized car market by 2050

Green Car Congress

Ranges of automotive fuel cell system costs at mass manufactured volume using technology from three UK companies supported by the Carbon Trust. It would also reduce global carbon emissions from vehicles by an additional 260 million tonnes per year by 2050—equivalent to the current annual emissions of Taiwan. Source: Carbon Trust.

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Volvo To Go All Electric By 2030 – EV Week in Review: Feb 23-Mar 1

EV Adoption

Volvo reveals C40 Recharge “SUV coupe” – Volvo revealed its new C40 Recharge “SUV coupe” which according to the company “has all the benefits of an SUV but with a lower and sleeker design.” Previously the company said that customers would start receiving their sedans this spring.

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Simple Energy plans to raise Rs 112 Cr to expand its operations 

Electric Vehicles India

Suhas Rajkumar, Founder, and CEO of Simple Energy said that they are looking to raise the fund to expand their operations and build synergies with the investors. The company is planning to deploy 60% of the funds for the manufacturing facility which will have the capacity of 50,000 vehicles production annually. It is priced at Rs 1.1

Energy 108
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GE Introduces Upgraded 7FA Gas Turbine for Power Generation; Improved Output and Efficiency

Green Car Congress

As a point of comparison, the Siemens SGT6-5000F gas turbine for 60 Hz power plants offers a power output of 208 MW and efficiency of 38.590% in single cycle operation.). The turbine component itself builds upon the 7FA and 7FB experience to provide improved output and efficiency. in simple cycle operation, and to 57.5%

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