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Posco begins derisking rare earth permanent magnet supply chain | Autocar Professional

Baua Electric

Posco International, which is looking to de-risk its supply chain for rare earth permanent magnets from China, has announced that it has bagged large-scale orders through its overseas subsidiaries. The supplied permanent magnets will be mounted on the drive motors of the company’s new mid- to large-sized electric vehicle models.

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Stellantis and LG Energy Solution to invest > $5B CAD in JV for 45 GWh gigafactory in Canada

Green Car Congress

and LG Energy Solution (LGES) have executed binding, definitive agreements to establish the first large-scale, domestic, electric-vehicle battery manufacturing facility in Canada. billion USD) to establish operations, which will include an all-new battery manufacturing plant located in Windsor, Ontario, Canada. Stellantis N.V.

Canada 199
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Alstom and MOL to explore use of hydrogen technologies for rail transport in Hungary

Green Car Congress

The battery is used to store braking energy, to boost acceleration and for auxiliary supply. To establish this infrastructure, Alstom already cooperates with oil and gas companies such as Linde in Germany, and Orlen in Poland.

Hungary 334
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City of Gdynia orders 30 Solaris Trollino trolleybuses with Li-ion battery packs for off-wire driving

Green Car Congress

The city of Gdynia in Poland has signed a contract with Solaris for the delivery of 30 trolleybuses worth more than 95 million PLN (US$28 million) in total. Modernization of trolleybuses begins this spring, while the supply of the trolleybuses to Gdynia will begin in September this year and shall be completed by spring 2019.

Li-ion 225
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CLEPA study: EV-only approach would lead to the loss of half a million supplier jobs in the EU

Green Car Congress

501,000 auto supplier jobs in Internal Combustion Engine (ICE) powertrain components production are expected to become obsolete if technology is phased-out by 2035 (84% of current ICE jobs). The study is also the first to evaluate the impact of different policy pathways to reach Green Deal objectives with a focus on automotive suppliers.

Romania 199
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EU new-car market suffers worst performance in over two years

Baua Electric

The latest data from the European Automobile Manufacturers Association ( ACEA ) shows that every powertrain endured a double-digit decline in the month. Only Poland was able to post an improvement, up 2.5%. Elsewhere, Poland (up 14.8%), Romania (up 8%), Portugal (up 2.5%), the Czech Republic (up 2.3%) and Denmark (up 1.5%) saw growth.

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Battery systems maker Axeon Group acquired by Johnson Matthey

Green Car Congress

Axeon Group, Europe’s largest independent Lithium-ion battery systems supplier, recently was acquired by international specialty chemicals company Johnson Matthey. Axeon supplies battery systems for the automotive industry, as well as for high performance non-automotive applications such as cordless power tools and e-bikes.