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Spain picks QEV as frontrunner for Nissan's Barcelona plant
Spanish authorities have selected local automotive group QEV Technologies as lead candidate to take over Nissan's main plant in Barcelona after Chinese carmaker Great Wall Motor withdrew its interest, Nissan said.
read more... 03/01/2022
Northvolt kicks off battery cell production at Swedish gigafactory
Swedish battery maker Northvolt assembled its first lithium-ion battery cell at its Swedish Ett gigafactory, making it the first European company to design, develop and assemble a battery in Europe, it said Dec. 29.
read more... 30/12/2021
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Daily (17.12.2021): European front-year electricity prices skyrocketed on Thursday amid French nuclear concerns
Crude oil prices extended gains on Thursday after the U.S. reported its biggest drop in crude inventories since September. Furthermore, a weaker Dollar also lent support to prices. Hence, Brent crude rose by $1.14, or 1.5%, to settle at $75.02 per barrel. U.S. WTI crude increased by $1.51, or 2.13%, to settle at $72.38 per barrel.
read more... 17/12/2021
Bulgaria's parliament freezes power prices for households
Bulgaria's lawmakers voted on Wednesday to shield households from surging energy costs by freezing their electricity and heating prices at current levels in the European Union's poorest state, a move slammed by power distribution companies.
read more... 16/12/2021
Volvo, Northvolt close $3.3B battery supply deal
Volvo Cars and Northvolt have closed a 30 billion-crown ($3.3-billion) deal that the automaker said secures its supply of sustainable, state-of-the-art battery cells for its next-generation full-electric cars.
read more... 10/12/2021