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

Teslarati

Chinese battery manufacturer Contemporary Amperex Technology Co., 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. For comparison, Tesla’s Gigafactory Berlin facility sits on 300 hectares of land.

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Intel Invests $20-billion in Ohio for Advanced Fabs

Cars That Think

Intel has chosen to expand its advanced manufacturing in a U.S. Intel announced today that it will build two leading edge logic fabs east of Columbus at a cost of $20 billion. Currently, all cutting edge chipmaking is done in Taiwan and South Korea. According to Intel's manufacturing roadmap under the IDM 2.0

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. Independent analysis commissioned by the Carbon Trust predicts current polymer fuel cell technology will cost $49/kW in automotive applications when manufactured at mass scale (i.e.

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

EV Adoption

Postal Service (USPS) announced last Tuesday that it awarded a multibillion-dollar, 10-year contract to Oshkosh Defense to manufacture a new generation of postal delivery vehicles. Fisker Partners With Foxconn – Apple contract manufacturer Foxconn is partnering with Fisker Inc., – February 23, via Electrek.

Volvo 95
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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. ” It is expected to close the Series A funding by the third quarter of this year and the capital raised will be used for setting up a manufacturing facility. .”

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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