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Volvo Cars building €1.2B EV manufacturing plant in Slovakia; third in Europe

Green Car Congress

The new plant will be climate-neutral and build only electric cars, underpinning the company’s ambition to become fully electric by 2030 and climate-neutral by 2040, and to continue expanding its global production capacity to match its growth ambitions. The new facility represents an investment of around €1.2

Slovakia 273
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Magna opening Slovakia plant for ADAS and electrification systems

Green Car Congress

Magna is expanding its ADAS and electrification footprint with the opening of a new plant in Kechnec, Slovakia. Covering an area of approximately 22,000 square meters, the facility is expected to begin operations in the fourth quarter of this year with plans to hire 100 employees initially in time for start of production.

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InoBat Auto acquires Slovakia site for battery R&D and prototype production

Green Car Congress

European R&D and battery production company InoBat Auto has acquired a 290,000 sq ft (27,000 sq m) facility close to Bratislava, Slovakia. The property will house a 100MWh facility combining proprietary High Throughput Process ( HTP ) R&D with prototype battery cell-manufacturing capabilities.

Slovakia 186
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Hydro’s Slovalco plant to halt primary aluminum production due to high electricity prices

Green Car Congress

Hydro’s majority-owned Slovalco aluminum facility in Slovakia has decided to close the primary aluminum production at the plant. The decision to terminate primary aluminum production at Slovalco comes in response to adverse framework conditions and high electricity prices, which show no signs of improvement in the short term.

Slovakia 199
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EU Commission approves €267m funding for Volvo EV production plant

Innovation News Network

The European Commission has announced approval of €267m state aid funding for a Volvo EV production plant in Slovakia. The post EU Commission approves €267m funding for Volvo EV production plant appeared first on Innovation News Network.

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Porsche to manufacture all-electric Cayenne in Bratislava

Green Car Congress

Since production began in 2002, the Cayenne has been closely associated with Bratislava. With the third generation of the SUV, production moved entirely to Bratislava in 2017. The plant in Slovakia is currently preparing for the start of series production of the extensively upgraded new Cayenne.

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Hyundai Motor Group affiliates to join Climate Group’s RE100, aim to expand renewable energy use

Green Car Congress

The Group is considering various ways to procure renewable energy such as self-production through solar panels, power purchase agreements (PPA) with wind and solar energy producers, as well as purchase through Korea Electric Power Corporation’s (KEPCO) ‘Green Premium’ program.

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