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

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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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Cummins scaling Belgium electrolyzer manufacturing capacity to 1GW through IPCEI support

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IPCEI—recently approved by the European Commission, with funding granted by Flanders Innovation & Entrepreneurship Agency (VLAIO)—will help Cummins develop a new generation of PEM electrolyzer cell stacks to power large-scale hydrogen production systems.

Belgium 343
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EU GRAMOFON project ends after 42 months with promising results on CO2 capture

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million, with a total of nine partners (companies, technology centers and universities). Implemented in cooperation with South Korea, It was funded by the European Union Horizon 2020 research and innovation program under grant agreement number 727619. The project had a budget of €4.2

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China’s Chery to set up shop in Europe

Baua Electric

Chinese automaker Chery is planning to make cars in Spain, where the EV market is at just 12%, half that of Portugal and France. 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.

Chery 52
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ZeroAvia secures additional $24.3M to launch development of 2MW hydrogen-electric powertrain for regional aircraft

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million grant ($17-million) to deliver a breakthrough 19-seat hydrogen-electric powered aircraft that is market-ready by 2023. In the early 2000s, he led a historic Boeing Phantom Works project in Spain, resulting in the world's first manned hydrogen-electric airplane flight. ZeroAvia announced its $21.4-million

Hydrogen 376
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Snam invests €33M in electrolyzer manufacturer ITM Power

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The partnership between Snam and ITM Power will also enable the two companies to foster synergies for the development of new projects, also through the secondment of Snam resources to ITM Power. ITM Power is also developing a new gigafactory in the United Kingdom which will have, by 2024, an annual production capacity of up to 1GW overall.

Power 243
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Think Receives Pan-European Homologation Certificate for TH!NK EV; MOU for 550 Units to Spain

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Think signed an MOU for 550 units for Spain. NK city electric vehicle has been granted the first pan-European homologation certificate for an EV. The new homologation certificate, which was issued to Think in the Netherlands, will help the company fast-track the introduction of the zero emission TH!NK Click to enlarge.

Spain 150