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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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Breakthrough Energy Ventures backs methanol fuel cell company Blue World Technologies

Green Car Congress

Blue World Technologies announced that the Bill Gates-founded Breakthrough Energy Ventures (BEV) entered as an investor in Blue World Technologies alongside Vaekstfonden (The Sovereign Investment Fund of Denmark), DEUTZ AG, and existing investors who invested back in December 2021 to complete the company’s €37-million series B round.

Companies 293
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Heat Pumps Take on Cold Climates

Cars That Think

Twenty homes scattered across Canada and the northern United States are keeping warm this winter using prototypes of the latest iteration in residential heating systems: cold climate heat pumps. To prove it, eight manufacturers are publicly testing their prototypes in the Cold-Climate Heat Pump Technology Challenge , hosted by the U.S.

Climate 141
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Volkswagen introduces ID.5 electric SUV coupé in Europe

Green Car Congress

In Europe, Volkswagen has launched a new ID. 5 GTX will launch in Europe in early 2022. By 2030, at least 70% of Volkswagen’s unit sales in Europe are expected to come from electric-only vehicles—that is equivalent to more than one million vehicles. family top model as part of its ACCELERATE brand strategy: the ID.5

SUV 447
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Porsche Digital spins off e-mobility company “&Charge” to promote electric mobility

Green Car Congress

Porsche Digital has spun off its own company in the field of e-mobility, thereby expanding its digital business portfolio. The start-up, which is based in Frankfurt am Main in Germany, thus offers the first loyalty program for e-mobility in Europe. &Charge” has been a climate-neutral company since its foundation.

Porsche 312
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ArcelorMittal Europe to produce “green steel” starting in 2020

Green Car Congress

The strategy is centred around two main technology routes, as introduced in the first ArcelorMittal Europe climate action report published earlier this year: The use of hydrogen in DRI-EAF (Direct Reduced Iron - Electric Arc Furnace) and, also, the blast furnace. Hydrogen plays a central role in the company’s decarbonization strategy.

Europe 382
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Germany awarding €600M to transport companies for zero- and low-emission buses

Green Car Congress

Germany is awarding some €600 million to transport companies for the purchase of climate friendly buses. Around 1,700 buses will be procured by the transport companies with this tranche of funding from the new “Directive on the Promotion of Alternative Drives of Buses in Passenger Transport”. Funds of around €1.25