Volkswagen is building a new electric vehicle (EV) battery system factory in eastern China’s Hefei city which will begin production in 2023, the automaker said on Thursday. The automaker is …
Electric vehicle battery
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- Toyota
Toyota to invest $13.5 billion in electric vehicle battery technology by 2030
by SpeedLuxby SpeedLuxToyota Motor said on Tuesday that it expects to invest more than $13.5 billion by 2030 for developing batteries and its battery supply system. Toyota, the world’s largest automaker by …
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Hyundai Motor has invested about $100 million to purchase a stake in a lithium metal battery startup, according to a report by the Yonhap news agency. “As we have been …
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Luxury automaker Porsche is establishing a joint venture with Customcells for producing high-performance batteries that will significantly decrease charging times, the automaker said on Sunday. Customcells specializes in lithium-ion cells …
- General Motors
General Motors announces partnership with SolidEnergy Solutions
by SpeedLuxby SpeedLuxGeneral Motors on Thursday announced a partnership with a lithium metal battery startup to increase the U.S. automaker’s battery development, allowing for a higher electric vehicle driving range in a …
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Ford Motor CEO, Jim Farley, on Thursday publicly encouraged South Korean electric vehicle battery maker LG Chem and SK Innovation to reach a settlement on LG’s battery allegations that SK …
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Ford Motor has reversed course and is now thinking about making its own battery cells as sales volumes of electric vehicles increase around the world, the automaker’s top executive said …
- Cars
World’s first ‘Intelligent’ electric vehicle battery revealed by Inobat Auto
by SpeedLuxby SpeedLuxThe world’s first ‘intelligent’ electric vehicle battery has been launched by European EV battery producer, InoBat Auto (InoBat) in a groundbreaking announcement delivered by the company’s CEO Marian Bocek. Speaking …
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European Union (EU) state aid regulators have started an in-depth investigation into Poland’s strategy to grant 95 million euros ($112 million) in aid to LG Chem to expand its electric vehicles battery plant …
- Honda
Honda invests in China’s CATL for developing electric vehicle batteries
by SpeedLuxby SpeedLuxJapanese automaker Honda Motor will purchase a 1% stake in Chinese electric vehicle (EV) battery maker Contemporary Amperex Technology (CATL) and the two will together develop EV batteries, the companies …
