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Volvo Cars building €1.2B EV manufacturing plant in Slovakia; third in Europe

Green Car Congress

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

Slovakia 273
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Polestar plans to launch EVs in seven new markets next year

Teslarati

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?

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Hyundai Mobis to showcase AI-controlled electric concept M.Vision X at IAA Mobility

Green Car Congress

In Europe, Hyundai Mobis plans to expand further its market position. In addition, Hyundai Mobis operates a winter test facility in Arjeplog, Sweden.

Hyundai 418
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Polestar (PSNY) is expanding its retail and sales footprint, will enter seven new markets in 2025

Baua Electric

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.

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EIA: US, Qatar and Russia provided almost 70% of liquefied natural gas received in Europe in 2021

Green Car Congress

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.

Russia 416
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EC approves second major battery innovation project; €2.9B (US$3.5B) from 12 member states

Green Car Congress

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.

Battery 482
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European Commission approves up to €5.4B of public support for IPCEI Hy2Tech; 41 hydrogen projects

Green Car Congress

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

Hydrogen 293