ArcelorMittal to invest €300 million to make electrical steels for EVs in France

Steel and mining giant ArcelorMittal has recently announced an investment of more than €300 million to create a new production unit for electrical steels at its Mardyck site in the...

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Hyvia sets up manufacturing plant in France for hydrogen mobility

The Renault Group and Plug Power's joint-venture dedicated to hydrogen mobility – Hyvia – launched in June last year has inaugurated its first plant at Refactory, Renault Group's m...

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Ford to launch 7 new e-cars, e-vans in Europe by 2024; plans new battery plant

Ford has announced that it will launch three new electric passenger vehicles and four new electric commercial vehicles in Europe over the next two years. The company also said it p...

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Volta Trucks raises €230 million of Series C funding

New generation electric commercial vehicle manufacturer Volta Trucks has confirmed successful and oversubscribed Series C funding round with a total investment of €230 million...

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Eurocell EMEA plans gigafactory in Western Europe for NCM cathodes, graphite-Si anodes

Anglo-Korean battery company, Eurocell EMEA has announced that it plans to build its first European Gigafactory in just 12 months—far faster than other Gigafactories. This is possi...

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Hy24, Mirova, CDPQ, and Technip Energies partners to invest €200 Million in Hy2gen AG

Hy2gen AG, the green hydrogen investment platform, has announced the successful completion of a €200 million, investment round. The capital will be used for the construction of fac...

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Volvo Cars, Northvolt to set up new battery giga factory in Sweden

Volvo Cars and Northvolt have selected Gothenburg in Sweden to establish a new battery manufacturing plant. The facility is scheduled to commence its operations in 2025, with a pot...

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Switch Mobility to establish advanced manufacturing and tech centre in Spain

British EV maker Switch Mobility has confirmed that its new manufacturing and technology centre will come up in the Soto de Medinilla area of Valladolid in Spain. The 28-acre site ...

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Britishvolt’s Northumberland gigaplant project gets UK government’s support

UK's leading investor in battery cell technologies and associated R&D Britishvolt has announced that its first full-scale EV battery Gigaplant in Northumberland is receiving su...

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