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BMW Group plans to source steel produced with green power and hydrogen from H2GS in Sweden

Green Car Congress

From 2025 on, the company plans to source steel produced with up to 95% less CO 2 emissions and without requiring fossil resources such as coal. In this way, raw materials can be used multiple times in a circular economy and natural resources protected.

Sweden 341
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Sweden launches $3.1M study on electric road systems

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Electric Road Systems (ERS) are already being demonstrated on public roads in Sweden. The purpose of the project is to strengthen the Swedish and Nordic research and innovation resources by building a joint knowledge base in cooperation between institutes, universities, authorities, industry, and demonstration sites. Earlier post.)

Sweden 244
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Volvo Cars and Northvolt to build battery gigafactory in Gothenburg, Sweden; up to 50 GWh

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Volvo Cars and Northvolt have selected Gothenburg, Sweden to establish a new battery manufacturing plant which will commence operations in 2025, and complement the planned R&D center that both companies announced in December as part of an investment of approximately SEK 30 billion (US$3.3 Earlier post.).

Volvo 195
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Talga successfully completes A$40M institutional placement; funds for anode project

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Battery and advanced materials company Talga Group ( earlier post ), with 100% owned graphite resources in Sweden, has received firm commitments for a placement of new fully paid ordinary Talga shares to raise A$40 million (US$27.3 million) before costs. BurnVoir Corporate Finance acted as financial adviser to the company.

Li-ion 218
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Global Bioenergies joins Preem, Sekab and forestry in bio-isooctane project in Sweden

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In April this year, Preem, Sekab and Sveaskog entered into a collaboration to develop a gasoline fuel based entirely on forest resources with support from the Swedish Energy Agency. Our assessment is that forest resources will play a crucial role in the green transition to a fossil-free society.

Sweden 150
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National Electric Vehicle Sweden halts production while it sorts out financing

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National Electric Vehicle Sweden (NEVS), the company resurrecting the Saab brand ( earlier post ), has halted production of its vehicles (currently at 6 units per day) while it sorts through financing issues and aligns its strategy with new OEM partners. NEVS also cut back on its hired consultants.

Financing 225
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Talga raises US$19M to accelerate anode production; signs MoU with ABB to explore development and construction

Green Car Congress

Battery anode company Talga Group Ltd completed an A$25-million (US$19-million) placement to fund the Electric Vehicle Anode (EVA) pilot plant as part of the development of the Vittangi Anode Project located in northern Sweden. The location in Sweden is considered to be a low risk mining and investment jurisdiction.