Serbia, Turkey, Bulgaria, Romania, North Macedonia vying for Volkswagen’s electric car plant
Serbia, Turkey, Bulgaria, Romania, and North Macedonia are all reportedly vying for German carmaker Volkswagen’s planned new electric car plant, and now Serbia has allegedly gone a step further, offering a location between its two main cities. Inđija in the northern province of Vojvodina is situated along the highway running from Belgrade to Novi Sad […]
China’s Yinlong to buy 51% of bus maker Ikarbus, produce electric vehicles – GM
China’s Yinlong is expected to buy a 51% stake in Serbian bus manufacturer Ikarbus in mid-June and expand its product portfolio to electric vehicles, Ikarbus General Manager Aleksandar Vićentić has said. Ikarbus’ privatization has already begun under the bus maker’s prepackaged bankruptcy, Vićentić told Tanjug, eKapija reported. After Yinlong buys 51% of Ikarbus, 26% will […]
EDP Renewables opens energy storage for Cobadin wind farm
Renewable energy company EDP Renewables (EDPR) has opened a pioneering facility for the battery-based storage of wind energy produced at its Cobadin wind farm in Romania, EDPR said on its website. The Stocare Project, as this EDPR venture has been named, represents the first energy storage undertaking in Romania, according to the company’s website. When there […]
First Greek “smart” battery for households in February 2018
An attractively designed working model of the first Greek-designed lithium ion “smart” battery for households will be ready for domestic consumers in February, 2018, Vasilis Nikolopoulos, the co-founder and CEO of Greek firm Intelen Inc has told the Athens-Macedonian News Agency (ANA) radio station ‘Praktorio 104.9 FM’. Greek media report that in his interview to […]
Rimac Automobili signs EUR 30 million deal with battery maker Camel Group
The Croatian electric car maker Rimac Automobili and its sister company Greyp Bikes have signed an agreement with the China-based Camel Group Ltd. on a EUR 30 million investment in those Croatian companies. The money from Camel Group, the biggest battery maker in Asia, will be used to expand both the electric car and electric […]