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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

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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.

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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 120
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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 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.

Hyundai 418
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EEB report finds only Belgium and Slovakia on track to meet EU air pollution targets

Green Car Congress

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.

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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. The twelve Member States will provide up to €2.9 billion (US$3.5 billion) in funding in the coming years.

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