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FREYR Battery sanctions construction of its inaugural gigafactory, increases plant capacity to 29 GWh; $1.7B capital cost

Green Car Congress

FREYR’s Board of Directors has sanctioned construction of Giga Arctic (combined Gigafactories 1 & 2), the company’s first battery manufacturing facility under development in Mo i Rana, Norway. It is therefore important for Norway to define a clear direction and set ambitious goals for battery production in our country.

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FREYR Battery to site US gigafactory in Georgia; initial investment $1.7B, growing to $2.6B through 2029

Green Car Congress

The initial phase of Giga America is planned to be a cell production module of approximately 34 GWh based on the next-generation of 24M’s US-based SemiSolid production platform at an initial projected capital cost of $1.7 billion through 2029. According to Rystad Energy, to satisfy a 1.6-degree

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€106M JIVE 2 project launches in Europe; 152 fuel cell buses across 14 European cities

Green Car Congress

million) grant from the Fuel Cells and Hydrogen Joint Undertaking (FCH JU), the JIVE 2 project will deploy 152 fuel cell electric buses across 14 European cities throughout France, Germany, Iceland, Norway, Sweden, the Netherlands and the UK. Total project cost is put at €105,933,165 (US$132,251,144).

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More details about California’s proposal requiring bidirectional charging capabilities for all EVs

Charged EVs

In recent testimony, Nuvve CEO Gregory Poilasne told the lawmakers that bidirectional charging can reduce the total cost of EV ownership, and that it’s essential for integrating more renewable energy into the grid. That’s about two thirds of the leasing cost of a LEAF nowadays. It’s also possible to do V2G through an AC port.

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What Does GM’s “30 New EVs By 2025” Promise Mean for the US Market?

EV Adoption

GM Stock Chart: Yahoo Finance. And then this past week, GM released its humorous “ No Way Norway ” EV commercial featuring Will Ferrell. ” Source: GM Norway Super Bowl TV Commercial. in the last 12 months and 223.9% since the 2020 low on March 18 (as of February 5). The “30 New EVs by 2025” Promise.

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