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By picking Slovakia as the location for its new plant, Volvo Cars is creating a European triangle of manufacturing covering its largest sales region—complementing the Ghent plant (Belgium) in western Europe and the Torslanda plant (Sweden) in northern Europe. The new facility represents an investment of around €1.2
Hyundai Motor Group’s supplier, Hyundai Mobis , is investing around $256 million (350 billion won) in building new plants in Slovakia for EV parts. The base will include Hyundai’s first EV power systems production plant in the region, a “key bridgehead for conquering the European electrification market.”
Achieving full electrification in major markets by 2040. From 2040, Kia’s line-up in key markets around the globe will also exclusively consist of electrified models, realizing zero emissions during daily vehicle use. Kia is also working with its suppliers to reduce carbon emissions from the parts supply stage.
The project, called “European Battery Innovation” (EuBatIn) was jointly prepared and notified by Austria, Belgium, Croatia, Finland, France, Germany, Greece, Italy, Poland, Slovakia, Spain and Sweden. In 2018, the Commission adopted the Strategic Action Plan for Batteries and has promoted a wide range of initiatives as part of the plan.
Pipeline receipts from Russia at the three main entry points (Kondratki in Poland, Greifswald in Germany, and Velke Kapusany in Slovakia, which combined account for 14.3 Supply challenges in the European market have led to rising regional prices for natural gas. Pipeline flows of natural gas from Russia decreased during 2021.
IBM is working with ZSE on the charging stations between Vienna and Bratislava s part of the VIBRATe e-mobility project. ZSE), the largest distributor and supplier of electricity in Slovakia, on a smart energy “feasibility” study that will help prepare the capital city Bratislava for electric vehicles (EVs). Click to enlarge.
Hyundai Motor Group’s supplier, Hyundai Mobis , is investing around $256 million (350 billion won) in building new plants in Slovakia for EV parts. The base will include Hyundai’s first EV power systems production plant in the region, a “key bridgehead for conquering the European electrification market.”
The project, called “IPCEI Hy2Tech” was jointly prepared and notified by fifteen Member States: Austria, Belgium, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Italy, Netherlands, Poland, Portugal, Slovakia and Spain. The Member States will provide up to €5.4 billion in public funding, which is expected to unlock additional €8.8
A sister project between the Czech Republic and Slovakia will add another 30 charging stations. The quick-charging stations installed as part of the project employ the Combined Charging System (CCS) and CHAdeMO, each with up to 50 kW power output, as well as a type 2 connector with 43 kW power output.
Clariant, a world leader in specialty chemicals, and Enviral, the largest producer of bioethanol in Slovakia, have signed a license agreement on sunliquid cellulosic ethanol technology. It marks our official entrance into the market and the successful commercialization of this highly innovative and sustainable technology.
Volvo- and Geely-owned electric vehicle (EV) maker Polestar has announced plans to launch in seven new markets next year, as announced by the company this week. Polestar shared a press release on Monday, detailing plans to debut its EVs in seven European, Asian, and South American markets in 2025. What are your thoughts?
As part of the energy transition process and in line with the technological offensive spelled out in its Push to Pass strategic plan ( earlier post ), PSA Group will focus on diversifying its offerings with plug-in hybrid gasoline systems and next-generation electric powertrains. Earlier post.)
The project, called “IPCEI Hy2Use” was jointly prepared and notified by thirteen Member States: Austria, Belgium, Denmark, Finland, France, Greece, Italy, Netherlands, Poland, Portugal, Slovakia, Spain and Sweden. Norway, as part of the European Economic Area, also participates to the IPCEI Hy2Use with two individual projects.
As part of a projected €22.8 In addition, vehicle production plants throughout the world such as those at Pamplona in Spain, Palmela in Portugal and Bratislava in Slovakia are preparing for the production of further MQB vehicles. billion (US$26.9 billion (US$1.8
In addition to expanding its own retail footprint, Polestar is deploying new non-agency sales models and has announced seven new markets it will begin selling to next year. The new strategy in Europe will include the switch to a non-agency sales model with the help of new existing partners in its current markets.
liter diesel engine now available with Kia’s new eight-speed automatic transmission, and—in certain markets—48-volt mild-hybrid power ( earlier post ). The 48V diesel mild-hybrid unit is the first to be launched as part of Kia’s global powertrain electrification strategy. For other global markets, the 2.0-liter
18 September 2024 Read next Tesla and BYD do battle in July’s global EV market 17 September 2024 EU new-car registrations declined sharply in August, marking their biggest drop since April 2022. Recording 643,637 registrations , the EU new-car market shrank by 18.3% The big five markets had contrasting fortunes in this period.
After revealing three new mass-market EV models, the EV3, EV4, and EV5, in October 2023, the Korean automaker is preparing to launch a fourth. The new lineup is part of Kias EVs for all strategy, with prices ranging from $30,000 to upwards of $80,000. The electric SUV will be an even smaller, more affordable model to sit below the EV3.
Kia’s new models are part of its wide-ranging EV lineup, with prices from $30,000 to $80,000. Kia EV3 interior (Source: Kia) Kia will build EV2 models in Slovakia, the heart of Europe, where the company aims to rapidly increase market share. In its home market, the EV3 starts at just over $30,000 (KRW 42.08
We are no longer alone,” is how President Volodimir Zelenskyy put it on Wednesday , declaring Ukraine part of the "energy Eurozone." Essentially ENTSO-E members took extraordinary defensive measures—and took on risks to their own systems—to make up for as-yet-uncompleted upgrades to Ukraine’s infrastructure, operating procedures and markets.
The collaboration is expected to enhance Amara Raja’s product offering, drive innovation, and secure a strong market position in the rapidly evolving energy sector. Amara Raja Energy & Mobility Ltd (ARE&M), a prominent battery manufacturer in India, has inked a technical licensing agreement with GIB EnergyX Slovakia s.r.o.,
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Two of my favorite places in the region are Bergen and Flam in Norway, with some amazing food, markets and landscapes,” said Joshua Smith, the founder of Global Citizen Journeys , a travel company that caters to millennials. Wellness travel, a market valued at over $600 billion, is expected to grow to $1.1
Tesla suppliers in India, including Tata Motors and key auto parts makers, saw sharp declines on Thursday after U.S. President Donald Trump unveiled plans to impose 25% tariffs on all imported cars and auto parts. By May 3, 2025, Trump’s tariffs will extend to include auto parts. as a key market.
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