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

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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. 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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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.

Serbia 321
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Credendo: European aluminum sector in a critical situation

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It is strong demand and, above all, the drop in production in Europe and China that is pushing prices up, while aluminum inventories are historically low. Production mainly dropped because energy prices have risen sharply in 2021. This is not good news for aluminum producers, Credendo said.

Ukraine 195
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PSA Group outlines powertrain production strategy: gasoline PHEVs, EVs and next-gen diesel and gasoline engines

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As part of the energy transition process and in line with the technological offensive spelled out in its Push to Pass strategic plan ( earlier post ), PSA Group will focus on diversifying its offerings with plug-in hybrid gasoline systems and next-generation electric powertrains. Earlier post.) Earlier post.).

Gasoline 150
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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. It is an indispensable component for the diversification of energy sources and the green transition.

Hydrogen 293
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V4 countries form G4 Centre of Excellence for joint R&D in Generation-4 nuclear reactors

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Trnava, Slovakia) agreed to establish the V4G4 Centre of Excellence for performing joint research, development and innovation in the field of Generation-4 (G4) nuclear reactors. The V4 is an alliance of four Central European states—Czech Republic, Hungary, Poland and Slovakia. wierk, Poland; and VUJE, a.s.,

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Interim assessment finds Volkswagen’s “Think Blue. Factory.” program reduced resource consumption by average 24.3% since 2011

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environmental program: since 2011, the consumption of resources in vehicle production has been reduced by an average of 24.3% ( Earlier post.) To achieve that, Volkswagen has successfully implemented more than 3,400 environmental measures and projects in production at its plants throughout the world. At the fourth "Think Blue.

2011 150