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

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Magna opening Slovakia plant for ADAS and electrification systems

Green Car Congress

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.

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

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

Green Car Congress

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. Hyundai Mobis unveiled the M.Vision X during an event earlier his year at its R&D heDquarters in Korea.

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Polestar reports $242M Q2 loss, remains hopeful for rest of 2024

Teslarati

million, which the company says was due to “lower global volumes and higher discounts.” During the second quarter, Polestar announced plans to launch its EVs in seven new markets in 2025 , including Brazil, the Czech Republic, France, Hungary, Poland, Slovakia, and Thailand.

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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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Why the Kia EV2 won’t be coming to Australia to fight the MG4, BYD Dolphin, GWM Ora and Tesla Model 2

EV Central

READ MORE: All-new electric Kia PV5 is a gamechanger in the world of vans with its advanced tech and interchangeable rear body That’s because it’s only going to be built in Europe in land-locked Slovakia and that creates shipping logistical and cost issues. 2024 Kia EV5. 2024 Kia Concept EV3.

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