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

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Volvo Cars will build a third manufacturing plant in Europe, positioning the company well to meet the continued demand from its customers for electric cars and capture future growth potential. million cars by mid-decade, which it aims to meet with a global manufacturing footprint spanning Europe, the US and Asia.

Slovakia 273
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EC approves second major battery innovation project; €2.9B (US$3.5B) from 12 member states

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The European Commission has approved , under EU State aid rules, a second Important Project of Common European Interest (IPCEI) to support research and innovation in the battery value chain. The project complements the first IPCEI in the battery value chain that the Commission approved in December 2019 with €3.2 billion (US$3.5

Batteries 482
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InoBat Auto acquires Slovakia site for battery R&D and prototype production

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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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PEUGEOT estimates it will assemble up to 10,000 batteries per month for cars, 7,000 for LCVs by next year

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This will require a substantial uplift in the number of batteries being produced. PEUGEOT estimates it will assemble up to 10,000 batteries a month for its car range by next year, and as many as 7,000 batteries a month for its advanced LCV range. The team subjects each battery to a series of critical tests.

Batteries 434
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Rio Tinto and InoBat partner to explore full life-cycle lithium battery initiative

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Rio Tinto and InoBat, a European battery technology and manufacturing company, signed a Memorandum of Understanding to work together to accelerate the establishment of a “cradle-to-cradle” battery manufacturing and recycling value chain in Serbia.

Serbia 321
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Porsche to manufacture all-electric Cayenne in Bratislava

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Porsche will manufacture the future all-electric version of the fourth-generation Cayenne at Volkswagen Slovakia’s multi-brand location in Bratislava. The plant in Slovakia is currently preparing for the start of series production of the extensively upgraded new Cayenne.

Cayenne 293
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ŠKODA collaborates with IBG ?esko on second-life battery energy storage system; up to 328 kWh

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ŠKODA AUTO, a subsidiary of the Volkswagen Group, is introducing a smart energy storage system using second-life batteries from electric vehicles. The system stores sustainably generated electricity in used batteries that come from the all-electric SUV ŠKODA ENYAQ iV as well as the plug-in hybrid models SUPERB iV and OCTAVIA iV.