Remove Industrial Remove Industry Remove Spain Remove Vehicles
article thumbnail

Volkswagen Group and SEAT will invest €10B in electrification in Spain given PERTE VEC acceptance

Green Car Congress

Last week, the 62 national and international companies and benchmark firms that form the project applied to the Strategic Project for Economic Recovery and Transformation program (in Spanish, PERTE) for the Electric and Connected Vehicle (in Spanish, VEC). This is the biggest industrial investment ever made in Spain.

Spain 150
article thumbnail

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
article thumbnail

Plug Power expands hydrogen supply chain partner network in Spain with CLH

Green Car Congress

Through the agreement, CLH will develop hydrogen production assets and downstream markets in Spain, in the industrial, mobility and power production/storage sectors for distribution to Plug Power customers throughout Europe. Plug Power Inc.,

Spain 186
article thumbnail

Volkswagen Group to add 15 more plants to Industrial Cloud this year

Green Car Congress

The Volkswagen Group is pushing ahead with the integration of its plants into the Volkswagen Industrial Cloud; the aim is to further improve the efficiency of the plants and reduce production costs. The Industrial Cloud is built on Amazon Web Services (AWS), and Siemens is the integration partner. Earlier post.)

article thumbnail

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
article thumbnail

Motor vehicle taxation brings in €440.4B for governments in major European markets

Green Car Congress

New data shows that motor vehicles generate more than €440 billion in taxation per year for national governments in the major EU markets plus the UK, the European Automobile Manufacturers’ Association (ACEA) reports. This just goes to show the sheer scale of the importance of the automobile industry to Europe. United Kingdom ?

Motors 284
article thumbnail

Current status of electric vehicle charging pile industry

Setec Powerr

With the large-scale popularization of new energy vehicles and strong policy support, the scale of China’s industry has grown rapidly. year on year, serving nearly 8 million new energy vehicles. year on year, among which the number of pure electric vehicles reached 6.4 of the total new energy vehicles.