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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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Magna opening Slovakia plant for ADAS and electrification systems

Green Car Congress

Magna is expanding its ADAS and electrification footprint with the opening of a new plant in Kechnec, Slovakia. The plant will produce some of the company’s most innovative Level 2 ADAS solutions as well as technologies for the electric vehicle market. The brownfield facility will support two European automakers and new global entrant.

Slovakia 150
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Kia outlines its path to achieving carbon neutrality by 2045; full electrification in major markets by 2040, in Europe by 2035

Green Car Congress

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. Rendering of Concept EV9. Earlier post.). Kia aims to electrify its full vehicle line-up in Europe by 2035.

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Hyundai’s supplier is building a new EV parts plant in Slovakia to conquer European market

Electrek

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.”

Slovakia 115
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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. The company is pursuing a strategic transformation into a software- and platform-oriented technology company.

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Hyundai Motor Group affiliates to join Climate Group’s RE100, aim to expand renewable energy use

Green Car Congress

In 2019, Kia established a system to replace all power used in its production plant in Žilina, Slovakia with renewable energy. Hyundai Mobis made a full switch to renewable energy sources in its Slovakia and Sweden operations earlier this year.

Renewable 321
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Rio Tinto invests in InoBat

Green Car Congress

This investment will support the completion of InoBat’s research and development center and pilot battery line in Voderady, Slovakia. Our Jadar lithium project in Serbia is on the doorstep of the European electric vehicle market.

Serbia 319