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

Green Car Congress

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

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

Green Car Congress

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.

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

Green Car Congress

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. Hyundai Motor and Kia, along with Hyundai Mobis Co., Hyundai Wia and Hyundai Transys Inc.,

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Amara Raja Energy & Mobility signs technical licensing agreement with GIB Energy for LFP cell production – ET Auto

Baua Electric

The collaboration is expected to enhance Amara Raja’s product offering, drive innovation, and secure a strong market position in the rapidly evolving energy sector. 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.,

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

Green Car Congress

ŠKODA AUTO, a subsidiary of the Volkswagen Group, is introducing a smart energy storage system using second-life batteries from electric vehicles. Following a successful pilot project in Prague, the energy storage units are now available to ŠKODA contract dealers. In partnership with the Czech technology company IBG ?esko,

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Amara Raja Energy & Mobility increases stake in InoBat for 20 mn Euros – ET Auto

Baua Electric

The latest investment is a significant step for Amara Raja as it continues to advance sustainable energy solutions and expand its presence in the energy and mobility sector. Amara Raja Energy & Mobility announced on Thursday that it has acquired an additional 4.5%

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EU Commission approves €267m funding for Volvo EV production plant

Innovation News Network

The European Commission has announced approval of €267m state aid funding for a Volvo EV production plant in Slovakia. The post EU Commission approves €267m funding for Volvo EV production plant appeared first on Innovation News Network.

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