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Norwegian startup Blastr plans €4B green steel plant in Finland

Green Car Congress

Norwegian startup Blastr Green Steel is planning to establish a green steel plant with an integrated hydrogen production facility in Inkoo, Finland. Blastr’s project—the green steel plant together with the integrated hydrogen facility—will be among the largest industrial investments in Finland. tonnes of CO₂.

Finland 437
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Neste providing companies in Finland a service for monitoring transport fuel emissions

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Neste is the first company in Finland to provide a service for companies and other organizations to monitor their climate emissions caused by the use of transport fuels. Road transport accounts for more than 90% of the total transport emissions in Finland. —Heidi Peltonen.

Finland 186
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Finnish Minerals Group and Epsilon Advanced Materials sign MoU on anode materials project

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Epsilon Advanced Materials, a wholly-owned subsidiary of Epsilon Carbon Private Limited, and Finnish Minerals Group have agreed to set up a framework for assessing the possibilities of establishing an anode material production plant in Vaasa, Finland. billion (€96 billion) by 2029, at a CAGR of 45.8% during the forecast period 2022–2029.

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Frost & Sullivan: Li-ion battery materials market to reach $51.60B by 2027 from $18.75B in 2020; 15.6% CAGR

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Frost & Sullivan projects that the global Li-ion battery materials market will reach $51.60 The advancements in battery chemistries and technologies, upsurge in electric vehicle (EV) sales, evolving regulatory scenario, and increasing consumer preferences toward EVs are expediting market growth worldwide. billion by 2027 from $18.75

Li-ion 170
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THINK Begins EV Sales in Finland

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Scandinavian electric vehicle (EV) maker THINK has begun sales of the THINK City EV in Finland with production partner Valmet Automotive. First deliveries of the THINK City in Finland will be to green delivery pioneers A2B, through a new THINK dealership in Helsinki. —Valmet Automotive President, Ilpo Korhonen.

Finland 210
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BASF to build new cathode active materials production site in Schwarzheide

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The Schwarzheide plant’s modular design and infrastructure allows for the rapid scale-up of manufacturing capacities enabling BASF to meet increasing customer demand for the European EV market. The plant in Schwarzheide will use precursors (PCAM) from BASF’s previously announced plant in Harjavalta, Finland.

Finland 284
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Valmet Automotive starts series production at Kirchardt battery plant

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The plant near Heilbronn manufactures high-voltage systems for electric vehicles and plug-in hybrids. Since the start of production at our first battery plant in Salo, Finland, in 2019, we have delivered over 1 million battery systems for our customers’ hybrid, plug-in and fully electric vehicles.

Batteries 273