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

Green Car Congress

The new plant will be climate-neutral and build only electric cars, underpinning the company’s ambition to become fully electric by 2030 and climate-neutral by 2040, and to continue expanding its global production capacity to match its growth ambitions. The new facility represents an investment of around €1.2

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InoBat Auto acquires Slovakia site for battery R&D and prototype production

Green Car Congress

European R&D and battery production company InoBat Auto has acquired a 290,000 sq ft (27,000 sq m) facility close to Bratislava, Slovakia. The property will house a 100MWh facility combining proprietary High Throughput Process ( HTP ) R&D with prototype battery cell-manufacturing capabilities.

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Magna begins production of first mild hybrid transverse transmission for BMW Group

Green Car Congress

Magna continues its transformation toward electric mobility with the start of production of its mild hybrid transmission for BMW Group. The mild hybrid transmissions are built at Magna’s facilities in Neuenstein, Germany, and Kechnec, Slovakia.

BMW 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. Covering an area of approximately 22,000 square meters, the facility is expected to begin operations in the fourth quarter of this year with plans to hire 100 employees initially in time for start of production.

Slovakia 150
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Hyundai Mobis to showcase AI-controlled electric concept M.Vision X at IAA Mobility

Green Car Congress

Major investments have already been made in its plants in the Czech Republic (battery assembly) and Slovakia (mild hybrid battery assembly + EV battery system assembly); Hyundai Mobis is continuously expanding its electrification capabilities in Europe and has established new production lines for core electric vehicle parts.

Hyundai 418
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Hyundai Motor Group affiliates to join Climate Group’s RE100, aim to expand renewable energy use

Green Car Congress

The Group is considering various ways to procure renewable energy such as self-production through solar panels, power purchase agreements (PPA) with wind and solar energy producers, as well as purchase through Korea Electric Power Corporation’s (KEPCO) ‘Green Premium’ program.

Renewable 321
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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.”

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