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Geely begins mass production of commercial satellites; support for future vehicles

Green Car Congress

Eighteen months after start of construction of its intelligent satellite production and testing center in Taizhou, China, Geely Technology Group has begun mass production of commercial satellites. At full capacity, the plant will have an annual production capacity of 500 units.

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Volvo Group starts process to establish plant for commercial vehicle battery production in Sweden

Green Car Congress

To meet the growing demand for battery electric heavy-duty vehicles and machines, the Volvo Group has initiated the process to establish a large-scale production plant for battery cells in Sweden. The Volvo Group plans to gradually increase capacity and reach large-scale series production by 2030.

Sweden 186
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Groupe Renault and Faurecia to collaborate on hydrogen storage systems for light commercial vehicles

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Groupe Renault and Faurecia will collaborate on hydrogen storage systems for hydrogen-powered light commercial vehicles. Starting at the end of 2021, Faurecia will supply hydrogen storage systems for a first fleet of light commercial vehicles. —Gilles le Borgne, Executive Vice-President Engineering Groupe Renault.

Hydrogen 305
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SSAB, Oshkosh partner to be first in US to use fossil-free steel in commercial vehicles

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Oshkosh Corporation and its brand McNeilus are working together on future research and development initiatives across multiple commercial vehicle product lines. SSAB delivered its first fossil-free steel to the Volvo Group in 2021. This process virtually eliminates carbon dioxide-emissions in steel production.

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Volkswagen Group, Siemens invests $450M in Electrify America

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The Volkswagen Group and Siemens are investing $450 million in Electrify America, with a post-money valuation of $2.45 The Volkswagen Group had earlier made a capital commitment of $2 billion through 2026. —Thomas Schmall, Volkswagen Group Board of Management member for Technology and CEO of Volkswagen Group Components.

America 397
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Volkswagen Group China unveils its first eVTOL passenger drone prototype: V.MO

Green Car Congress

Volkswagen Group China unveiled its first electric Vertical Take-Off and Landing (eVTOL) passenger drone prototype, as part of its strategy to explore and break new ground in fully electric and sustainable individual mobility concepts. Stephan Wöllenstein, CEO of Volkswagen Group China. In the first phase of its commercial use, V.MO

China 432
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BMW Group and Solid Power deepen joint development partnership with R&D license and prototype line

Green Car Congress

Under an expanded Joint Development Agreement, BMW Group and Solid Power have added a research and development license as a basis for their common next steps. We expect this agreement to accelerate the installation of our solid-state prototype line and our companies’ mutual goal of commercializing this promising cell technology.

BMW 448