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

Green Car Congress

The new plant will be climate-neutral and build only electric cars, underpinning the company’s ambition to become fully electric by 2030 and climate-neutral by 2040, and to continue expanding its global production capacity to match its growth ambitions. The new facility represents an investment of around €1.2

Slovakia 273
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Tesla casting machine supplier to build Giga Presses for Volvo

Teslarati

Italian casting machine manufacturer IDRA announced a partnership with Volvo in a press release this week, with the company set to install two 9,000-ton Giga Presses at the automaker’s Košice, Slovakia factory. The casting machines, originally developed for Tesla, have also been adopted recently by Ford , Toyota and Volvo owner Geely.

Volvo 131
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EC approves up to €5.2B of public support for second IPCEI in the hydrogen value chain

Green Car Congress

The project, called “IPCEI Hy2Use” was jointly prepared and notified by thirteen Member States: Austria, Belgium, Denmark, Finland, France, Greece, Italy, Netherlands, Poland, Portugal, Slovakia, Spain and Sweden. Norway, as part of the European Economic Area, also participates to the IPCEI Hy2Use with two individual projects.

Hydrogen 195
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Kia outlines its path to achieving carbon neutrality by 2045; full electrification in major markets by 2040, in Europe by 2035

Green Car Congress

The pillars will guide Kia in its efforts to reduce carbon emissions in all operational facets, from supply, logistics, vehicle production and vehicle use through to disposal of waste. Kia is also working with its suppliers to reduce carbon emissions from the parts supply stage.

Kia 395