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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
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.
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.
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.”
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.
EEB analysis found that only two member states (Belgium and Slovakia) are on track to meet the targets for the decade between 2020 and 2029, while only Belgium is on course to satisfy its 2030 commitments. Greece, Luxembourg and Romania have still not delivered their program and Italy has only submitted a draft.
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. The twelve Member States will provide up to €2.9 billion (US$3.5 billion) in funding in the coming years.
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.
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.
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.
r (Hungary); Bratislava (Slovakia); Changchun (China); Aurangabad (India); Martorell (Spain); and Jakarta (Indonesia). Audi said that the SUVs will primarily strengthen its position in the North American market. Starting in mid-2016, the plant will produce the successor generation of the successful Audi Q5 SUV.
Rio Tinto’s Jadar project in Serbia, one of the largest greenfield lithium projects in development ( earlier post ), has the potential to produce approximately 55 thousand tonnes of battery grade lithium carbonate in Europe, one of the world’s largest growing electric vehicles markets.
Infineon, a global market leader in power semiconductors, is leading the €55-million (US$75.7-million) The Project eRamp is co-funded by grants from ENIAC Joint Undertaking and from Austria, Germany, the Netherlands, Romania, Slovakia und the UK. Twenty-six research partners from six countries are participating. million) project.
The European car market remained stable during 2018, as 15.6 It was the best result since 2007, when the market peaked with 16.02 Strong results in Q2, where the market was up by 4.8%, and Q3, where the market was up by 1.1%, were enough to offset the large decline posted in Q4, where the market dropped by 7.5%
(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). IBM Slovakia is teaming with ZSE to provide insights into various implementation scenarios and infrastructure options for charging. —ZSE.
The market is changing, and electrification is expanding at an unprecedented rate. In Europe, the electric vehicle market grew by 46% in the first 4 months of the year, moving forward we expect electrified vehicles to play an important role within our range. —Luca de Meo, President of SEAT.
3 XPENG models will be available for all markets: the sleek P7 sedan, the popular G9 flagship SUV, and the ultra-smart G6 coupe SUV. The post XPENG expands in Switzerland, Czech Republic, and Slovakia appeared first on Electric Cars Report.
Urbino hydrogen buses have been contracted by customers from Austria, France, Spain, the Netherlands, Germany, Poland, Slovakia, Switzerland, Sweden and Italy. Solaris has so far delivered more than 3,000 buses with electric and hydrogen propulsion systems.
Hydro’s majority-owned Slovalco aluminum facility in Slovakia has decided to close the primary aluminum production at the plant. Slovakia has not implemented competitive EU CO 2 compensation framework. The closure will be completed by the end of September 2022.
Slovakia-based battery startup InoBat Auto announced Friday that it will introduce an electric-car battery with greater energy density than anything else currently on the market. The battery will allow for a 20% boost in range for "current best-in-class" electric vehicles by 2023, the startup said in a press release.
Moreover, the market penetration of zero- and low-emission vehicles, including electric cars, remained slow in 2018. The market share of gasoline vehicles also increased, constituting 3.6% However, the market share of gasoline vans has been increasing since 2016. g CO 2 /km) and Slovakia (169.7 of sales in 2018.
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.”
JATO Dynamics’ data for 28 European markets revealed that a total of 1.03 Growth was particularly prominent in Poland (+19%), Portugal (+27%), and Slovakia […] The post BMW Overtakes Tesla in European EV Sales For First Time appeared first on Electric Cars Report.
A sister project between the Czech Republic and Slovakia will add another 30 charging stations. Renault sells more electric vehicles in Europe than any other car manufacturer and had a market share of more than 23% in 2015.
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.
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
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?
Charge myHyundai is currently available in 15 European markets: Austria, Czech Republic, Denmark, Finland, France, Germany, Italy, the Netherlands, Norway, Poland, Slovakia, Spain, Sweden, Switzerland, and the United Kingdom.
The market penetration of electric cars remained slow in 2019. The market share of gasoline vans was 3.4%, which is slightly less than in 2018. Average emissions were highest in Slovakia (174.3 Lighter vehicles were registered in and Cyprus, Bulgaria and Portugal (average mass 2 000 kg) in Iceland, Slovakia, Norway and Finland.
Kia’s local outfit explains: “Kia Australia is keen to expand our product portfolio with as many EVs as possible, if they are appropriate for our local market. READ MORE: First look! Futuristic new electric Kia PV5 van and people-mover shapes up and gets radical to tackle Volkswagen ID. ” 2025 Kia EV2 Concept interior.
Switzerland, Belgium, Bulgaria, Czech Republic, Netherlands, Poland, Portugal, Slovakia and Spain will offer LPG-versions in addition to the regular gasoline and diesel range. In 2009, Chevrolet will further expand its LPG product range throughout Europe. Chevrolet’s strategy is to offer LPG versions for its entire product line-up.
Tesla’s Model Y will earn the best-selling vehicle spot in Europe for September, outselling its closest competitors by around 8,000 units, according to data from market researcher Dataforce in a report from Automotive News Europe this week. percent from the previous month.
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. Ground-breaking, market-oriented SUV projects are planned for plants in Mexico, the USA, South America and Russia. billion (US$1.8
For strategic reasons, PSA Group will manufacture the main electric powertrain components in France, signalling its determination to develop high-tech operations in profitable niche markets. The electric powertrain will be produced at the Trémery/Metz centre of excellence, while the gear systems will be manufactured at the Valenciennes plant.
Polestar announces $950M in external funding The release also highlights Polestar’s recent announcement that Michael Lohscheller will replace Thomas Ingenlath as the automaker’s CEO , effective in October as the company aims to launch the brand in a wider range of global markets.
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. The Member States will provide up to €5.2
In Slovakia, production at the Slovalco smelter (owned by Norsk Hydro) will be reduced to 60% of its capacity (down from 80%). However, it will continue to re-smelt aluminum for its clients in the pharmaceutical and food industry.
13 November 2024 Read next Autumn Budget implications for UK LCV market 12 November 2024 Read next On song BYD dominates record-breaking Chinese EV market in September 11 November 2024 Read next Mixed results for major European new-car markets in October 08 November 2024 Will the Romanian new-car market’s rollercoaster ride continue?
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.
Bratislava, Slovakia (September 21, 2021) – Slovak start-up Mobilyze closed its seed round from Vision Ventures investment fund to improve the utilization of electric vehicle charge points. The raised capital will be used to develop the product and expand Western European markets. Mobilyze is a business intelligence […].
liter diesel engine now available with Kia’s new eight-speed automatic transmission, and—in certain markets—48-volt mild-hybrid power ( earlier post ). liter diesel engine, with the latest model introducing new powertrain options for buyers depending on market. For other global markets, the 2.0-liter km/l (6.13
It will be manufactured at the brand’s production facility in Žilina, Slovakia, alongside the Kia Sportage and Kia Venga. In 2006, Kia’s share of the European market was around 1.5%. In 2017, our market share reached 3.0%.
02 September 2024 Read next How have Europe’s largest used-car markets performed in the first half of 2024? 28 August 2024 The EU new-car market grew marginally in July, driven by strong hybrid growth as other popular powertrains struggled. The EU new-car market reached a total of 852,051 registrations in July, a 0.2%
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.
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