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Rosatom and EDF Group partner to develop green hydrogen in Russia and Europe

Green Car Congress

Russian Rosatom State Atomic Energy Corporation and the EDF Group signed a strategic cooperation agreement in March 2021 to develop green hydrogen in Russia and Europe. Rosatom’s ambition is to produce and to store decarbonized hydrogen, and take part in pilot projects in Russia and across the world. million customers, 28.1

Russia 338
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AVTOVAZ trying to work around Renault pull-out

Green Car Congress

The Renault Group suspended its industrial activities in Russia on 23 March ( earlier post ). Regarding its stake in AVTOVAZ, Renault Group said that it is assessing the available options, taking into account the current environment, while acting responsibly towards its 45,000 employees in Russia.

Russia 432
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Volkswagen Group to build own engine plant in Russia; production to begin in 2015

Green Car Congress

The Volkswagen Group is expanding its capacities in Russia with the construction of a new engine plant in Kaluga, Russia. Russia is the primary strategic growth market in Europe for the Volkswagen Group. With the construction of the engine plant, Volkswagen is expanding its industrial commitment in Russia.

Russia 236
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RusNano, Chinas Thunder Sky to Manufacture Li-ion Batteries in Russia for EVs

Green Car Congress

The supervisory board of the Russian Corporation of Nanotechnologies ( RusNano ) has approved the state corporation’s participation in a project with China-based Li-ion battery manufacturer Thunder Sky to manufacture Lithium-ion batteries, the first such project in Russia. Tags: Batteries China Russia. billion rubles (US$575 million).

Li-ion 230
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Ford and Sollers form new JV in Russia; letter of intent for $1.4B in long term financing

Green Car Congress

Ford Motor Company and Sollers OJSC have signed agreements to establish a 50-50-owned joint venture in Russia. Russia is set to become Europe's largest market for new vehicles by mid-decade and provides the Ford brand a huge growth opportunity. In 2002, Ford became the first foreign automaker to manufacture cars in Russia.

Russia 199
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Ford and Sollers sign MoU to establish a JV in Russia

Green Car Congress

Ford Motor Company and Russian automobile company Sollers OJSC signed a Memorandum of Understanding (MoU) under which the parties intend to launch a new 50:50-owned joint venture called Ford Sollers for the production and distribution of Ford vehicles in Russia. Ford began producing cars in Russia in 2002. Earlier post.).

Russia 186
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Rusnano and I2BF invest $20M in Nesscap; production and research in Russia

Green Car Congress

Products from the new plant in Russia will be supplied to the growing European and Asian markets for use within the automotive sector and renewable energy markets, said Georgy Kolpachev, Managing Director of Rusnano. The project is aimed towards the growing transportation industry, grid stabilization and renewable energy applications.

Russia 186