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T&E: two-thirds of European battery production at risk as companies weigh investing in US instead

Green Car Congress

Tesla in Berlin, Northvolt in northern Germany and Italvolt near Turin are among the projects that stand to lose the greatest volumes of their slated capacity as the companies weigh up investing in the US instead. Battery investment in the US and China continued to grow, and European companies have already signalled expansion in America.

Companies 430
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China’s Chery to set up shop in Europe

Baua Electric

Spain’s Industry Ministry said in a statement that the agreement would be formalized in the next few days, with Chery planning to start production in Barcelona, according to Reuters. Spain is also opening two tenders this year for EV companies to request a total €1.7

Chery 52
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Europe’s Most Financed Luxury Car Brand

EV Info

This help to show that BMW is more of a bank than a car company. Porsche dominates the luxury car finance industry in the neighbouring eastern European countries of Hungary, Ukraine and Romania. Produced by Forza Finance, a specialist finance company providing loans and credit facilities for UK residents and businesses.

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European consortium investigating graphene-based materials for lightweight cars; energy-efficient and safe vehicles

Green Car Congress

The automotive industry is widely viewed as being the industry in which the greatest volume of advanced composite materials will be used in the future to produce light vehicles. The global automotive industry is currently facing great challenges, such as CO 2 emissions and safety issues. Source: University of Sunderland.

Italy 225
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Buffett's Chinese electric car company

Tony Karrer Delicious EVdriven

BYD is an amazing company. Within a few years, BYD’s batteries were cheaper and just as reliable as those made by industry giants ony and Sanyo. Today, BYD employes 130,000 people in 11 factories, either in China and one each in India, Hungary and Rumania. Not so this time around. BYD’s engineering prowess.

Chinese 28