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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
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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. The automaker also said it established a partnership with Iberdrola, Spain’s largest power utility.

Spain 88
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T&E: two-thirds of European battery production at risk as companies weigh investing in US instead

Green Car Congress

EU battery manufacturing is caught in the crossfire between America and China. 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. Europe must act or risk losing it all.

Companies 430
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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 ?

Motoring 284
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SEAT to invest €3B in conversion of Martorell plant for the production of small EVs

Green Car Congress

is leading the development of the Small BEV family for the Volkswagen Group and will start producing fully electric vehicles by 2025 for different brands. has created employment and boosted industrial growth in our country and there is even more planned for the future. The plant has a total surface area of 2.8 million square meters.

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Loop Energy and Técnicas Reunidas partner to accelerate the commercialization of hydrogen-powered vehicles

Green Car Congress

This agreement further expands Loop Energy’s Total Customer Care initiative, aimed at combining a portfolio of industry leading ecosystem of service providers and suppliers that customers can trust in their hydrogen technology adoption and integration.

Hydrogen 199
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IVECO, FPT and Nikola Motor Company announce future Nikola TRE production in Ulm, Germany

Green Car Congress

IVECO and FPT Industrial, the commercial vehicle and powertrain brands of CNH Industrial N.V., and Nikola Motor Company will manufacture , through their European joint venture, the Nikola TRE in Ulm, Germany, at the IVECO manufacturing facility. Earlier post.) Earlier post.) Earlier post.).

Germany 284