Remove Industrial Remove Parts Remove Poland Remove Supplies
article thumbnail

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

Green Car Congress

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
article thumbnail

Mercedes-Benz Cars to build battery factory in Jawor, Poland; ninth in its global network

Green Car Congress

Mercedes-Benz Cars will build a battery factory at the site in Jawor, Poland, and thus extend its global battery production network to nine factories. After the production of high-tech engines, we will establish additional future technology in Poland. This includes more than ten pure electric vehicles.

Poland 249
article thumbnail

Umicore signs long-term agreement with Terrafame for supply of sustainable low-carbon nickel sulfate

Green Car Congress

for the supply of low-carbon, sustainable high-grade nickel sulfate. In January, Terraframe signed a nickel sulfate supply agreement with Stellantis. kg CO 2 / kg NiSO 4 , compared to the industry average of 5.4 Umicore has signed a long-term agreement with Finland-based Terrafame Ltd. Earlier post.)

Supplies 150
article thumbnail

Northvolt to build 100 GWh/year cathode material plant in Sweden; reusing shuttered pulp and paper mill

Green Car Congress

Northvolt and Stora Enso recently signed a letter of intent on a purchase of the Kvarnsveden Mill and the surrounding industrial area in Borlänge, Sweden. The factory is expected to start the first part of its operations in late 2024 and will employ up to 1,000 people, utilizing 100% clean energy from the region.

Sweden 443
article thumbnail

Posco begins derisking rare earth permanent magnet supply chain | Autocar Professional

Baua Electric

Posco International, which is looking to de-risk its supply chain for rare earth permanent magnets from China, has announced that it has bagged large-scale orders through its overseas subsidiaries. The supplied permanent magnets will be mounted on the drive motors of the company’s new mid- to large-sized electric vehicle models.

article thumbnail

Johnson Matthey partners with Finnish Materials Group for second eLNO cathode plant; deals with Nornickel and SQM

Green Car Congress

Johnson Matthey also has signed a term sheet for the supply of nickel and cobalt from Russia-based Nornickel, and an agreement for the supply of lithium hydroxide from SQM—both agreements supporting a long-term sustainable supply of critical raw materials for battery materials production. Securing lithium supply with SQM.

Finland 186
article thumbnail

EC approves up to €5.2B of public support for second IPCEI in the hydrogen value chain

Green Car Congress

The European Commission approved , under EU State aid rules, a second Important Project of Common European Interest (IPCEI) to support research and innovation, first industrial deployment and construction of relevant infrastructure in the hydrogen value chain. The Member States will provide up to €5.2 The Member States will provide up to €5.2

Hydrogen 195