Europe

DuPont Invests in R&D and Manufacturing Resources in Europe

Bloomberg

The World Economy Is Suddenly Running Low on Everything

(Bloomberg) — A year ago, as the pandemic ravaged country after country and economies shuddered, consumers were the ones panic-buying. Today, on the rebound, it’s companies furiously trying to stock up. Mattress producers to car manufacturers to aluminum foil makers are buying more material than they need to survive the breakneck speed at which demand for goods is recovering and assuage that primal fear of running out. The frenzy is pushing supply chains to the brink of seizing up. Shortages, transportation bottlenecks and price spikes are nearing the highest levels

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Bolt launches car-sharing service in Europe amid competition from Uber

Bolt CEO Markus Villig

Bolt

Bolt, the Estonian firm best known for its ride-hailing business, announced Tuesday that it has launched a car-sharing service in Europe as it looks to diversify its revenue streams.

Like ZipCar and Drivy, Bolt Drive will allow customers to rent a car on demand for a brief period via the Bolt app, which can also be used to hail a taxi, rent bikes and e-scooters, as well as to order food.

Bolt said it is going to invest 20 million euros ($24 million) in launching Bolt Drive in Europe this year, starting with a pilot

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The Battery Show & EV Tech Europe Digital Days Announces Second Wave of Globally Renowned Speakers

SANTA MONICA, Calif.–(BUSINESS WIRE)–The Battery Show & EV Tech Europe Digital Days, a three-day digital event, strategically scheduled for 18-20 May to connect and educate industry professionals during a time of immense disruption via technical sessions, panels, networking opportunities, and digital sourcing, today announced the second raft of speakers confirmed to address the advanced battery and hybrid & electric vehicle (H/EV) tech community. Executives and senior-level experts from 3M, EnBW, McLaren Applied, Punch Powertrain, Renault, among many others, will present novel solutions and lead technical demonstrations that address the industry’s leading challenges. The online conference will

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4 pieces of tech making cycling more accessible in Europe

The number of bicycle users across Europe has soared throughout the COVID-19 pandemic.

At least 1,000km of cycle lanes have been created and €1 billion invested over the past year to address the continent’s increased demand. Structurally, there is still a lot to do. It’s estimated an even wider availability of cycle lanes could save thousands of lives across Europe.

But for some, cycling isn’t as appealing as it could be due to a host of safety and cost-related concerns.

Green tech companies are putting their resources into finding solutions to these problems in order to broaden the availability,

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LG hopes to make advanced battery cells for Tesla in U.S. or Europe, report says

LG Energy Solution aims to build advanced battery cells for Tesla electric vehicles in 2023 and is considering potential production sites in the United States and Europe, two people familiar with the matter told Reuters.

Tesla has not yet agreed to a deal that would expand LG’s role in its supply chain beyond China, one of the sources said.

Last week, the Korean battery maker told Korean reporters it plans to build a U.S. factory where it would make battery cells for EVs and energy storage systems, to cater to U.S. and global customers as well as startups. It did

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Stellantis will increase pace of EV launches in Europe, U.S.

Stellantis will go “full throttle” on battery-electric vehicles to meet emissions goals in Europe and the U.S., as hybrid powertrains eventually “disappear,” CEO Carlos Tavares said.

Tavares has not yet committed Stellantis, which has 14 brands and home bases in France, Italy, Germany and the U.S., to a date when it will sell only zero emission vehicles but, he said, “The societies in which we operate will trend toward a ban on internal combustion engines.”

Automakers are racing to develop electric vehicles to meet tighter CO2 emissions targets in Europe, and this week Volvo joined a growing number of automakers

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