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Cepsa to invest €3B in Andalusia to build the largest green hydrogen hub in Europe; additional €2B for renewable power

Green Car Congress

Cepsa—the Spain-based multinational oil and gas company—will invest more than €3 billion to establish the Andalusian Green Hydrogen Valley, creating the largest green hydrogen hub in Europe in southern Spain. The company will build two plants with a total capacity of 2 GW to produce green hydrogen.

Hydrogen 397
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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

The outbreak of COVID-19 has already impacted the automotive industry significantly, according to JATO Dynamics, a leading provider of global automotive data and insight. Global vehicle sales totalled 5.55 —Felipe Munoz, JATO’s global analyst. million units in March 2020, down by 39% from March 2019.

Europe 261
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Volkswagen to invest €10bn for EV and battery manufacturing in Spain

Teslarati

billion) to launch electric vehicle and EV battery manufacturing in Spain, Herbert Diess said on Thursday. Volkswagen said it will build a battery plant and invest in producing EVs at its two car factories in Spain. VW plans to begin building a 40-gigawatt-hour plant in Spain in Q1 2023, and production is set to begin by 2026.

Spain 88
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T&E: two-thirds of European battery production at risk as companies weigh investing in US instead

Green Car Congress

A green industrial policy focused on batteries with EU-wide support for scaling up production is urgently needed to react to US subsidies and China’s years of dominance. The report also places question marks over projects in Serbia and Spain by InoBat, which recently secured incentives for a joint venture with an American company in Indiana.

Companies 430
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Ford selects Spain for EV production but anticipates substantial job cuts

Teslarati

Ford announced on Wednesday that it will begin making electric vehicles based on a next-generation architecture in Spain later this decade. Ford believes the Valencia, Spain plant is the ideal location for making cars with a next-generation EV architecture and plans to produce the vehicles later this decade.

Spain 91
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Loop Energy and Técnicas Reunidas partner to accelerate the commercialization of hydrogen-powered vehicles

Green Car Congress

With the assistance of TR’s on-site production and supply equipment, creating hydrogen both via water electrolysis and steam reforming of natural gas, biogas or bioethanol, Loop will be able to provide more convenient and cost-effective hydrogen solutions to their global customers.

Hydrogen 199
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IHS Automotive: global vehicle production to increase by 21M units by 2021; China to account for half of the increment

Green Car Congress

Global automobile production will increase by 21 million units by 2021, and has grown by 25 million units since 2009 as the industry continues to recover from the impact of the global economic recession, according to a forecast by IHS Automotive.

Global 261