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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.
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.
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. The twelve Member States will provide up to €2.9 billion (US$3.5 billion) in funding in the coming years.
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.
Rio Tinto is supporting the development of a battery ecosystem in Europe with an investment in Inobat Auto (InoBat), a Europe-based battery technology and manufacturingcompany. This investment will support the completion of InoBat’s research and development center and pilot battery line in Voderady, Slovakia.
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. To be a member, a company must have significant power footprint (i.e.
Rio Tinto and InoBat, a European battery technology and manufacturingcompany, 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.
The three-year research project “eRamp”, intended to strengthen and expand Germany and Europe as centers of expertise for the manufacture of power electronics, launched at Infineon Technologies in Dresden. Manufacturing Power Electronics' Twenty-six research partners from six countries are participating. million) project.
In partnership with the Czech technology company IBG ?esko, So far, 160 pre-orders have been received from dealers in the Czech Republic, Germany, the Netherlands and Slovakia. ŠKODA AUTO, a subsidiary of the Volkswagen Group, is introducing a smart energy storage system using second-life batteries from electric vehicles.
By 2045, Kia plans to reduce 97% of the company’s 2019 level of carbon emissions. The company will attain carbon neutrality by implementing additional measures to fully offset its remaining carbon emissions. Kia is planning to increase the company’s percentage of plastic re-use to 20% by 2030. Rendering of Concept EV9.
The Fast-E project, co-financed by the European Union and nine companies, has officially launched , with the objective of installing 241 fast-charging charging stations in Germany and 37 in Belgium. A sister project between the Czech Republic and Slovakia will add another 30 charging stations.
As energy represents a high proportion—more than a third—of production costs, the sharp increase in the price of gas has a huge impact on companies’ profitability, especially in Europe where the price of natural gas has increased by almost 550% from December 2020 to December 2021, according to the World Bank.
Proposed in July 2021, Italy, Portugal, Bulgaria, Slovakia, and Romania all pushed to delay the sales ban in mid-2022. However, several car companies, including Volkswagen, have already committed to stop manufacturing gas-powered engines before the 2035 goal. VW is planning to phase out ICE cars in Europe by 2033.
As Aptera has moved ever closer to being ready for production, they have been making agreements with several companies who will be supplying their production run, including setting up an agreement with Elaphe Motors for producing in-hub motors in Slovakia. What do you think of the article?
stake in electric vehicle battery manufacturer InoBat for 20 million euros (approximately INR 180 crore). InoBat, based in Slovakia, is known for its research, development, and production of batteries for electric vehicles. Amara Raja Energy & Mobility announced on Thursday that it has acquired an additional 4.5%
With this development, Kia becomes the first manufacturer to offer hybrid, plug-in hybrid, battery-electric and 48-volt mild-hybrid technology across its full model line-up. The cleanest diesel engine the company has ever made, the new power unit replaces the Sportage’s existing 1.7-liter New ‘SmartStream’ 1.6-liter
Skoda has partnered with IBG Cesko a Czech-based technology company that will develop the system. The company has also completed its pilot project successfully in Prague. The company has also received 160 pre-orders for the power hubs from its dealers in Czech Republic, Germany, Netherlands and Slovakia.
Amara Raja Energy & Mobility Ltd (ARE&M), a prominent battery manufacturer in India, has inked a technical licensing agreement with GIB EnergyX Slovakia s.r.o., Gotion High-tech, a global leader in battery technology, operates 8 R&D centers worldwide, boasts 8,000 patented technologies, and 20 manufacturing locations.
On the companys Q4 and full-year 2024 earnings call this week, Kia confirmed plans to launch the EV2 in January 2026. The EV2 will be built at its Zilina, Slovakia plant, Kias first manufacturing facility in Europe.
In preparation, the company has made considerable investments into modernising both the production line and welding shop. By transferring the production of the new-generation Superb from Kvasiny to Bratislava, Slovakia, the Czech carmaker has created additional capacity at Kvasiny to manufacture the successful Kodiaq and Karoq SUV models.
The manufacturer employs around 41,000 people , with jobs going through natural fluctuation rather than direct losses. The company will have to rely on severance payments, voluntary redundancies or retirements, as employees have a job security programme in place until 2029. The company employs around 5,000 people in China.
Tesla’s Giga Presses continue to catch on with other automakers shifting to electric vehicles (EVs), as the company’s casting machine supplier has just announced a new contract with Volvo. The collaboration with the brand exemplifies the company’s dedication to driving progress in the industry.”
2024 Polestar 2 single motor And while the current Polestar 2 is assembled in China, Autocar reports that the new version will be built in Europe, likely at parent company Geely’s new plant in Slovakia. trade policies that penalize China-manufactured EVs. Polestar hasn’t said exactly when that SUV will arrive.
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