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

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

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InoBat, a battery manufacturer with a battery research and development facility and pilot plant being developed in Slovakia intends to scale up its future production through gigafactories to be built in the EMEA region. —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

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The pillars will guide Kia in its efforts to reduce carbon emissions in all operational facets, from supply, logistics, vehicle production and vehicle use through to disposal of waste. 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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JRC Report Concludes Extreme Weather Wont Affect Average Levels of European Crop Output for 2010; Yields Up, Although Acreage Down; Heat and Drought Have Huge Impact on Russia

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The European Commission says cereal production in 2010 will be close to the average recorded since 2005. The report also says that even though the EU’s cereal harvest should reach average levels this year, extreme hot and dry conditions will have a huge impact on winter crop production in Russia. Tags: Climate Change Europe.

Russia 210
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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

Hydrogen 195