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

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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. Volvo Cars has an ambition to move towards annual sales of 1.2

Slovakia 273
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Kia outlines its path to achieving carbon neutrality by 2045; full electrification in major markets by 2040, in Europe by 2035

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The Concept EV9 hints at Kia’s next model in the dedicated BEV line-up based on the Electric Global Modular Platform (E-GMP) architecture, following in the footsteps of the Kia EV6 ( earlier post ). Achieving full electrification in major markets by 2040. Rendering of Concept EV9. Earlier post.).

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Magna opening Slovakia plant for ADAS and electrification systems

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Magna is expanding its ADAS and electrification footprint with the opening of a new plant in Kechnec, Slovakia. The brownfield facility will support two European automakers and new global entrant. The plant will produce some of the company’s most innovative Level 2 ADAS solutions as well as technologies for the electric vehicle market.

Slovakia 150
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Hyundai Mobis to showcase AI-controlled electric concept M.Vision X at IAA Mobility

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At IAA Mobility 2021 (7-12 September 2021), Hyundai Mobis, the global N° 7 automotive supplier, will unveil the M.Vision X , an AI-included concept car for full autonomous driving, in a European premiere. In Europe, Hyundai Mobis plans to expand further its market position.

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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. More than 300 global companies are participating. Hyundai Motor and Kia, along with Hyundai Mobis Co.,

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Audi begins construction of first North American plant

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r (Hungary); Bratislava (Slovakia); Changchun (China); Aurangabad (India); Martorell (Spain); and Jakarta (Indonesia). Audi said that the SUVs will primarily strengthen its position in the North American market. Starting in mid-2016, the plant will produce the successor generation of the successful Audi Q5 SUV.

Audi 273
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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.

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