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Volkswagen boosts electric car investment in Spain to 10 bln euros

German carmaker Volkswagen AG and partners will invest 10 billion euros ($10.6 billion) to make electric vehicles and batteries in Spain, its chief executive said on Thursday, 3 billion euros more than it had previously committed.

read more... 06/05/2022

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German-funded consortium to develop 'battery passport' for Europe

A German-funded consortium of carmakers and battery producers, including BMW, Umicore and BASF , is to develop a "battery passport" that traces the content and carbon footprint of batteries in Europe, Germany's economy ministry said on Monday.

read more... 26/04/2022

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EU approves €95m Polish aid for LG Chem’s EV battery plant expansion

The new plant is expected to supply batteries for more than 295,000 EVs every year in the European Economic Area

read more... 24/03/2022

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Power grid flexibility vital to ‘avoid blackouts’

Batteries and hydrogen can provide the necessary flexibility for Europe’s electricity grid to avoid blackouts in an energy system increasingly dominated by intermittent wind and solar, said Maroš Šefčovič, the European Commission vice-president in charge of foresight.

read more... 14/02/2022

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France and Germany to work on ‘common industrial projects’

France and Germany will work on “common industrial projects” such as electrical networks, batteries and hydrogen, French Economy Minister Bruno Le Maire said after receiving his German counterpart Robert Habeck in Paris on Monday (7 February).

read more... 09/02/2022

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