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

Green Car Congress

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

Green Car Congress

Hyundai Motor Group (the Group) announced that five key affiliate companies, including Hyundai Motor Company and Kia Corporation, will join Climate Group’s RE100 , a global initiative committed to moving toward 100% renewable energy. In Korea, Kia’s Gwangmyeong, Hwaseong and Gwangju plants have obtained ISO50001 certifications.

Renewable 321
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EC approves second major battery innovation project; €2.9B (US$3.5B) from 12 member states

Green Car Congress

The project, called “European Battery Innovation” (EuBatIn) was jointly prepared and notified by Austria, Belgium, Croatia, Finland, France, Germany, Greece, Italy, Poland, Slovakia, Spain and Sweden. Having batteries that are more sustainable throughout their life cycle is key to achieve our ambitious climate targets. billion (US$3.5

Batteries 482
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Volvo Cars gears up for long-term sustainable growth with new Slovakia EV manufacturing plant

Electric Cars Report

Volvo Cars announces today it will establish 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.

Slovakia 104
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Rio Tinto and InoBat partner to explore full life-cycle lithium battery initiative

Green Car Congress

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. —Marnie Finlayson, Managing director of Rio Tinto’s borates and lithium businesses.

Serbia 321
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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

Green Car Congress

The single largest portion of carbon emissions generated by any mass vehicle manufacturer occurs when the vehicle is in daily use and on the road. Climate Group’s RE100 is an initiative to transition to 100% renewable energy in electricity generation. Rendering of Concept EV9. Achieving full electrification in major markets by 2040.

Kia 395
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Tesla casting machine supplier to build Giga Presses for Volvo

Teslarati

Italian casting machine manufacturer IDRA announced a partnership with Volvo in a press release this week, with the company set to install two 9,000-ton Giga Presses at the automaker’s Košice, Slovakia factory. The collaboration with the brand exemplifies the company’s dedication to driving progress in the industry.”

Volvo 109