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

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

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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. In 2018, the Commission adopted the Strategic Action Plan for Batteries and has promoted a wide range of initiatives as part of the plan.

Battery 482
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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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Kia is also working with its suppliers to reduce carbon emissions from the parts supply stage. As a part of the endeavor, Kia plans to discuss specific project opportunities with the Korea’s ministry of Oceans and Fisheries. Climate Group’s RE100 is an initiative to transition to 100% renewable energy in electricity generation.

Kia 395
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European Commission approves up to €5.4B of public support for IPCEI Hy2Tech; 41 hydrogen projects

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The project, called “IPCEI Hy2Tech” was jointly prepared and notified by fifteen Member States: Austria, Belgium, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Italy, Netherlands, Poland, Portugal, Slovakia and Spain. The Member States will provide up to €5.4 billion in public funding, which is expected to unlock additional €8.8

Hydrogen 293
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EEA report finds more action needed to protect Europe’s most vulnerable citizens from air pollution, noise and extreme temperatures

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In parts of Europe a large number of people are unable to keep their homes adequately warm because of poor-quality housing and the price of energy. Climate change adaptation helps to prepare for increasingly frequent and extreme heatwaves. KEY FINDINGS. Air and noise pollution.

Pollution 265
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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. Norway, as part of the European Economic Area, also participates to the IPCEI Hy2Use with two individual projects.

Hydrogen 195
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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 casting machines, originally developed for Tesla, have also been adopted recently by Ford , Toyota and Volvo owner Geely.

Volvo 105