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Northvolt gets $400 million from Investment Management Corporation of Ontario

Electric Cars Report

The Investment Management Corporation of Ontario (“IMCO”) is investing US$400 million in Swedish battery cell manufacturer Northvolt. The funds will enable Northvolt’s planned expansion, aligned with IMCO and the Company’s commitment to a deeply sustainable battery supply chain.

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

Green Car Congress

Steelmaker SSAB has started a partnership in fossil-free steel applications with Oshkosh Corporation, a leading producer of mission-critical vehicles and essential equipment, including heavy-duty truck bodies, fire apparatus, access equipment and other specialty trucks. Earlier post.).

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National Electric Vehicle Sweden AB (NEVS) and Dongfeng Motor Corporation enter strategic cooperation, focused on new energy vehicles

Green Car Congress

National Electric Vehicle Sweden AB (NEVS)—the rebirthed Saab—and Dongfeng Motor Corporation (Dongfeng) have signed a strategic cooperation agreement to achieve global industrial synergies.

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Talga successfully completes A$40M institutional placement; funds for anode project

Green Car Congress

Battery and advanced materials company Talga Group ( earlier post ), with 100% owned graphite resources in Sweden, has received firm commitments for a placement of new fully paid ordinary Talga shares to raise A$40 million (US$27.3 BurnVoir Corporate Finance acted as financial adviser to the company. million) before costs.

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Volvo Car Corporation to start demonstration program of electric cars in Shanghai

Green Car Congress

In June 2011, Volvo Car Corporation started the production of the Volvo C30 Electric. The Volvo C30 Electric is manufactured in the Volvo Cars Ghent plant in Belgium and finalized in the Torslanda plant in Sweden.

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Nel ASA receives purchase order for 20MW alkaline electrolyzer from steelmaker Ovako

Green Car Congress

The electrolyzer will be installed at Ovako’s existing plant in Hofors, Sweden. Ovako is a leading European manufacturer of engineering steel for customers in the bearing, transportation and manufacturing industries, and is a subsidiary of Sanyo Special Steel and part of the Nippon Steel Corporation Group.

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Westport acquires Alternative Fuel Vehicle Sweden AB, European natural gas system supplier to Volvo Cars

Green Car Congress

a leader in natural gas engines, acquired Alternative Fuel Vehicle Sweden AB (AFV) of Gothenburg, Sweden for approximately SEK 51 million (approximately US$7.6 We have seen steadily growing demand in Sweden, particularly from corporate and fleet customers. Volvo dealers in Sweden have offered a bi-fuel 231-hp 2.5

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