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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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Volvo Cars gears up for long-term sustainable growth with new Slovakia EV manufacturing plant

Electric Cars Report

Volvo Cars announces today it will establish 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.

Slovakia 105
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Hyundai Motor Group affiliates to join Climate Group’s RE100, aim to expand renewable energy use

Green Car Congress

Hyundai Motor Group (the Group) announced that five key affiliate companies, including Hyundai Motor Company and Kia Corporation, will join Climate Group’s RE100 , a global initiative committed to moving toward 100% renewable energy. To be a member, a company must have significant power footprint (i.e.

Hyundai 321
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Tesla casting machine supplier to build Giga Presses for Volvo

Teslarati

Tesla’s Giga Presses continue to catch on with other automakers shifting to electric vehicles (EVs), as the company’s casting machine supplier has just announced a new contract with Volvo. The collaboration with the brand exemplifies the company’s dedication to driving progress in the industry.”

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Rio Tinto and InoBat partner to explore full life-cycle lithium battery initiative

Green Car Congress

Rio Tinto and InoBat, a European battery technology and manufacturing company, signed a Memorandum of Understanding to work together to accelerate the establishment of a “cradle-to-cradle” battery manufacturing and recycling value chain in Serbia.

Serbia 321
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EC approves second major battery innovation project; €2.9B (US$3.5B) from 12 member states

Green Car Congress

The project, called “European Battery Innovation” (EuBatIn) was jointly prepared and notified by Austria, Belgium, Croatia, Finland, France, Germany, Greece, Italy, Poland, Slovakia, Spain and Sweden. Having batteries that are more sustainable throughout their life cycle is key to achieve our ambitious climate targets. billion (US$3.5

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EU formally approves sales ban of combustion engine cars by 2035

Teslarati

In a vote of 340 votes for, 279 votes against, and 21 abstentions, the law will push for new performance standards for new cars and vans in line with the EU’s climate goals. The push to transition consumers toward all-electric powertrains is an effort to eliminate greenhouse gas emissions and reach lofty climate goals.

Sale 98