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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 97
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Volkswagen Group and SEAT will invest €10B in electrification in Spain given PERTE VEC acceptance

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This investment of 10 billion euros will electrify Spain and Europe's second-largest automotive manufacturer, creating a battery Gigafactory in Sagunto, enabling the production of electric vehicles at the Martorell and Pamplona plants, and building-up a comprehensive supplier ecosystem.

Spain 150
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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 121
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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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EU battery manufacturing is caught in the crossfire between America and China. —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 must act or risk losing it all.

Companies 430
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Repsol and Talgo to develop hydrogen-powered trains

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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
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Toyota Motor Europe to supply fuel cell modules for train project as member of FCH2RAIL consortium

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Toyota Motor Europe (TME) Fuel Cell Business will supply and integrate fuel cell modules into a zero-emission train prototype as part of the FCH2RAIL project in Europe. This lets us make rail transport even more sustainable and energy-efficient. The Spanish state railway operator Renfe is providing the train.

Europe 261
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Eurocell EMEA to build Gigafactory in Western Europe; NCM cathodes, graphite-silicon composite anodes

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This is possible, the company says, because it has a proven battery product ready for scaled-up manufacturing. With an initial £600-million (US$813-million) investment planned over two phases, it intends to supply European energy storage, automotive, and e-mobility applications. Full capacity will be reached as early as 2025.

Europe 243