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ERMA supporting Mkango in development of rare earth separation plant in Poland

Green Car Congress

The European Raw Materials Alliance (ERMA) will support Canadian mineral exploration and development company Mkango Resources Ltd.with securing financing for the development of a rare earth separation plant to be located in Pu?awy, awy, Poland. —Dr Massimo Gasparon, ERMA Director.

Poland 273
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EIB and Umicore conclude €125M loan for EV battery materials production in Poland

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The European Investment Bank (EIB) has signed a €125-million loan with Umicore, the Belgian-based global materials technology and recycling group, to finance part of the greenfield production facility for cathode materials in Poland. ska, EIB Vice-President overseeing operations in Poland. —Teresa Czerwi?ska,

Poland 243
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Vulcan Energy signs binding offtake agreement with LG Energy for lithium hydroxide

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LGES is the second largest battery maker in the world with over 20% market share1 and supplies its products to leading global Original Equipment Manufacturers (OEMs). LGES is currently manufacturing lithium-ion batteries in Poland, US, China, and South Korea, and is looking at expanding its production capacity.

Energy 150
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Solaris Bus in Polish second-life battery consortium

Green Car Congress

The project is being co-financed by the National Center for Research and Development (NCBiR) in Poland. Since then, the manufacturer has sold more than 1,000 e-buses to several dozen towns and cities across 18 countries. A consortium comprising Solaris Bus & Coach, Impact Clean Power Technology S.A.

Batteries 259
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IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

Green Car Congress

Individual regional forecasts are set to a downtrend, and supply chain impacts are being felt, as the consequences of the virus have shuttered manufacturing and supplier facilities around the world. million units, in the wake of the COVID-19 pandemic. decline in global real GDP in 2020.

2020 191
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Volkswagen Group to invest $106 billion over next 5 years in Automotive Division

Green Car Congress

These include spending to expand capacity, a new Crafter plant in Poland and the new Audi plant in Mexico. Investments outside production are mainly planned for the areas of development, quality assurance, sales, genuine parts supply and information technology. These investments will be financed from the joint ventures’ own funds.

Poland 317
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Tata AutoComp’s ‘Make in India’ push for EVs | Autocar Professional

Baua Electric

The latter two have witnessed a much stronger traction in the industry due to the government’s FAME (Faster Adoption of Manufacturing of Hybrid and Electric Vehicles) policy. They have also laid lines to manufacture the stators and rotors in house; these are expected to be operational soon.

India 52