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

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Joining 300 other global companies, the Group plans to further accelerate efforts on sustainable development and carbon neutrality. In 2019, Kia established a system to replace all power used in its production plant in Žilina, Slovakia with renewable energy. Hyundai Motor and Kia, along with Hyundai Mobis Co.,

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

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Rio Tinto’s Jadar project in Serbia, one of the largest greenfield lithium projects in development ( earlier post ), has the potential to produce approximately 55 thousand tonnes of battery grade lithium carbonate in Europe, one of the world’s largest growing electric vehicles markets.

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

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So far, 160 pre-orders have been received from dealers in the Czech Republic, Germany, the Netherlands and Slovakia. The system has a total capacity of up to 328 kWh, which can be used to supply fast-charging stations with a transmission power of up to 150 kW. The recovered raw materials are then used to produce new batteries.

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

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The project, called “IPCEI Hy2Use” was jointly prepared and notified by thirteen Member States: Austria, Belgium, Denmark, Finland, France, Greece, Italy, Netherlands, Poland, Portugal, Slovakia, Spain and Sweden. The Member States will provide up to €5.2

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Credendo: European aluminum sector in a critical situation

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It is strong demand and, above all, the drop in production in Europe and China that is pushing prices up, while aluminum inventories are historically low. Production mainly dropped because energy prices have risen sharply in 2021. Either they close their smelters or they reduce their production, even if it means producing at a loss.

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Kia outlines its path to achieving carbon neutrality by 2045; full electrification in major markets by 2040, in Europe by 2035

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At its recent “Kia Sustainability Movement” virtual presentation, Kia Corporation announced a commitment to achieve carbon neutrality throughout its value chain by 2045. Achieving carbon neutrality will be based on three key pillars: Sustainable Mobility; Sustainable Planet; and Sustainable Energy. Earlier post.).

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