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Stellantis & CATL battery factory in Europe expected to land in Spain

Teslarati

Stellantis and CATL’s battery factory in Europe may be located in Spain. Stellantis to release $27,000 battery electric vehicle in 2024 According to Stellantis’ Global Head of Purchasing and Supply Chain, Maxime Picat, the two companies still need a few months to finalize their joint venture.

Spain 113
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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. It also expects Spain to become a net exporter of renewable hydrogen.

Hydrogen 397
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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 89
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Jaguar Land Rover partners with Pramac to create charging unit using second-life Jaguar I-PACE batteries

Green Car Congress

Jaguar Land Rover has partnered with Pramac , a global leader in the energy sector, to develop a portable zero-emission energy storage unit powered by second-life Jaguar I-PACE batteries. Pramac directly reuses up to 85% of the vehicle battery supplied by Jaguar Land Rover within the storage unit, including modules and wiring.

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

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—Julia Poliscanova, senior director for vehicles and emobility at T&E Germany, Hungary, Spain, Italy and the UK stand to lose the most if battery-makers change their plans. Europe’s global share of new investment in Li-ion battery production dropped from 41% in 2021 to a meagre 2% in 2022, according to BloombergNEF.

Companies 430
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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas. —Snam CEO Marco Alverà.

Gas 243
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Repsol and Talgo to develop hydrogen-powered trains

Green Car Congress

Spain-based global energy company Repsol and Talgo, a manufacturer of intercity, standard, and high speed passenger trains, will promote a renewable-hydrogen-powered train, fostering emission-free rail transport in the Iberian Peninsula.

Hydrogen 435