Despite €3 billion mobilised through the European Battery Alliance created in 2017, only 3% of the investment needed in the battery supply chain has been made.
As part of the brand's launch strategy in Europe, Romania becomes one of the nine European markets to open sales for the first batch of Leapmotor C10 and T03 electric cars.
Europe's EV sales slowing due to reductions in EV incentives, lack of affordable EV models, and consumer concerns about insufficient chargers.
Lower discount rates make their future cash flows more attractive, leading to higher valuations.
The Agreement's key priority is the expansion of the existing exploration and production cooperation and the application of MOL technology in Kazakhstan.
AI boom could further threaten 2050 decarbonization commitments unless used responsibly and scaled to its full potential as a lever of achieving net zero.
The project covers an area of 8,500 m2 of land and has approximately 47,000 m2 built, including the underground, and each of the three buildings has a height of S+P+10E+Duplex.
Project will be co-financed from an EU program run by the Romanian Ministry of Energy.