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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. Construction of the Kosice plant is planned to start in 2023, with equipment and production lines installed during 2024.

Slovakia 273
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InoBat Auto acquires Slovakia site for battery R&D and prototype production

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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.

Slovakia 186
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Hyundai Mobis to showcase AI-controlled electric concept M.Vision X at IAA Mobility

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T company, which in addition to Hyundai and Kia also supplies components to other well-known automotive carmakers in North America and Asia, will be presenting the latest technology solutions in the following areas: Hydrogen-electric powertrains. Hyundai Mobis is participating in the IAA for the first time in 2021.

Hyundai 418
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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. To be a member, a company must have significant power footprint (i.e.

Hyundai 321
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Rio Tinto and InoBat partner to explore full life-cycle lithium battery initiative

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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.

Serbia 321
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Tesla casting machine supplier to build Giga Presses for Volvo

Teslarati

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.”

Volvo 132
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ŠKODA collaborates with IBG ?esko on second-life battery energy storage system; up to 328 kWh

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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. 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.