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

Green Car Congress

Volvo Cars will build a third manufacturing plant in Europe, positioning the company well to meet the continued demand from its customers for electric cars and capture future growth potential. million cars by mid-decade, which it aims to meet with a global manufacturing footprint spanning Europe, the US and Asia.

Slovakia 273
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Dana TM4 to build new electrodynamics facility in Sweden

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bec, North America’s largest renewable energy producer, is establishing a new manufacturing facility in A?ma?l, l, Sweden that will initially produce electric motors for the mobility industry. Dana TM4, the joint venture between Dana Incorporated and Hydro-Que?bec, This $50-million fully sustainable operation has received $10.7

Sweden 186
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BMW Group plans to source steel produced with green power and hydrogen from H2GS in Sweden

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From 2025 on, the company plans to source steel produced with up to 95% less CO 2 emissions and without requiring fossil resources such as coal. H2 Green Steel is building its steel production site in the province of Norrbotten in northern Sweden, close to the Arctic Circle.

Sweden 341
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Volvo Cars and Northvolt to build battery gigafactory in Gothenburg, Sweden; up to 50 GWh

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Volvo Cars and Northvolt have selected Gothenburg, Sweden to establish a new battery manufacturing plant which will commence operations in 2025, and complement the planned R&D center that both companies announced in December as part of an investment of approximately SEK 30 billion (US$3.3 Earlier post.).

Volvo 195
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Volvo to build large-scale battery plant in Sweden for heavy-duty EV models

Teslarati

Volvo Group has announced today that it will build a “large-scale” battery manufacturing facility in Sweden that will help to “meet the growing demand for battery electric heavy-duty vehicles and machines.” ” The location of the plant is yet to be determined, the Göteborg-based Volvo said.

Sweden 118
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BMW Group to build new pilot plant to produce Li-ion cells

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With a new pilot plant that will produce lithium-ion battery cells, the company is taking the next step in addressing all aspects of the battery cell value chain: from selection of materials, to battery cell composition and design, all the way to near-standard production and recycling.

Li-ion 338
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Northvolt raises $2.75B to expand battery cell manufacturing capacity; Swedish gigafactory to 60 GWh

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The private placement was co-led by new investors AP funds 1-4, via the co-owned company, 4 to 1 Investments, and OMERS, one of Canada’s largest defined benefit pension plans, alongside existing investors Goldman Sachs Asset Management and Volkswagen Group. Northvolt announced the signing of a $2.75-billion