article thumbnail

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
article thumbnail

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
article thumbnail

ProLogium to build €5.2B gigafactory for solid-state batteries in France

Green Car Congress

This major investment project aims to facilitate supply chain localization, R&D activities, and the manufacturing of next-generation batteries in Europe for ProLogium. From recovery to reuse, the entire recycling process will help build up a sustainable circular economy for the local battery industry.

France 540
article thumbnail

Ford launches mass production of Explorer EV in Europe

Teslarati

Ford has officially launched the mass production of the all-electric Explorer EV at the company’s electric vehicle assembly plant in Cologne, Germany. The start of mass production of electric vehicles, with the new all-electric Explorer, marks the beginning of a new era for Ford in Europe.”

Ford 107
article thumbnail

BYD to Build EV Factory in Hungary for Localised Production in Europe

Electric Cars Report

BYD, Chinese leading electric vehicle manufacturer, announced the next stage of its European strategy with the construction of a brand-new manufacturing and production centre in Szeged, Hungary. The factory […] The post BYD to Build EV Factory in Hungary for Localised Production in Europe appeared first on Electric Cars Report.

Hungary 104
article thumbnail

Ford to invest £230M to transform UK Halewood transmission operations to build EV power units

Green Car Congress

Ford announced that it intends to invest up to £230 million (US$316 million) at its Halewood vehicle transmission facility to transform it to build electric power units for future Ford all-electric passenger and commercial vehicles sold in Europe. Production capacity is planned to be around 250,000 units a year.

Ford 417
article thumbnail

BYD inks preliminary land purchase in Hungary for plant that will build EVs for Europe

Electrek

Two months after announcing it had selected Hungary as the desired location of its first passenger EV production facility in Europe, Build Your Dreams (BYD) has completed a preliminary sales agreement for the Hungarian land those facilities should eventually sit atop.

Hungary 135