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Ford investing £150M in Halewood plant to scale up EV portfolio

Green Car Congress

This was supported by BEIS’ Automotive Transformation Fund, which aims to electrify Britain’s automotive supply chain and protect its competitiveness in the global market. Ford’s EV push in Europe supports the acceleration of the company’s global plan for two million annual production of EVs in the same 2026 time frame.

Ford 434
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Ford to introduce 7 new electric cars and vans in Europe by 2024; plans for new battery plant

Green Car Congress

The acceleration in Europe supports Ford’s goal to sell more than 2 million EVs globally by 2026 and deliver company adjusted EBIT margin of 10%. Ford will have nine electric cars and vans on the market in Europe in 2024. Starting in 2023, Ford will begin production of an all-new electric passenger.

Europe 427
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TECO 2030 aims to build hydrogen fuel cell gigafactory in Norway

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We combine a best-in-class fuel cell solution with a long history of being a trusted engineering partner to leading companies in the global maritime industry. TECO 2030 originates from the TECO Maritime Group, which has provided technology and service to the global shipping industry for more than 25 years.

Norway 468
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OMV says it will stop oil and gas production by 2050 in transformation to net-zero

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The Refining & Marketing business is to become a leading European provider of sustainable fuels, feedstock, and mobility solutions. Driven by Asian markets, global demand for virgin polyolefins is expected to grow above global GDP by 2030. Refining & Marketing. The company can build on a strong position.

Oil 465
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3-year, $75.7M eRamp power electronics research project launches at Infineon

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Infineon, a global market leader in power semiconductors, is leading the €55-million (US$75.7-million) The Project eRamp is co-funded by grants from ENIAC Joint Undertaking and from Austria, Germany, the Netherlands, Romania, Slovakia und the UK. Twenty-six research partners from six countries are participating.

Austria 265
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European car market logs best year for alternative fueled vehicles, lowest diesel share since 2001

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The European car market remained stable during 2018, as 15.6 It was the best result since 2007, when the market peaked with 16.02 Strong results in Q2, where the market was up by 4.8%, and Q3, where the market was up by 1.1%, were enough to offset the large decline posted in Q4, where the market dropped by 7.5%

2001 207
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Euro car market has best H1 of century; diesels down 17%; AFVs up 31% for 5.4% of total; SUVs booming

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The European car market recorded its best H1 performance of the century, with 8.6 Despite uncertainty in the UK, where the market was down 6.3% on H1 2017, the growth recorded in Germany, France and Spain allowed the overall market to keep growing. —Felipe Munoz, JATO’s global analyst. of the German market.

SUV 236