Mexican Media Brands
Toyota Plans 4th EV Battery Plant in China
Toyota Motor Corp. plans to open a fourth battery plant in China in 2021 to power locally produced hybrid vehicles.
#hybrid
Share
Toyota Motor Corp. plans to open a fourth battery plant in China in 2021 to power locally produced hybrid vehicles.
The facility, which is being built by Toyota’s Primearth EV Energy subsidiary, will be able to make about 100,000 batteries per year for use in hybrid vehicle powertrains, according to The Nikkei.
PEVE currently makes nickel-metal hydride batteries for that purpose at a factory in Jiangsu Province. The venture, in which Panasonic Corp. holds a 15.5% stake, also plans to open two other batterymaking facilities in China next year. Each of the four plants will have annual capacity of 100,000 batteries.
Hybrids currently don’t help carmakers meet China’s “new energy” sales quotas. But the central government is moving toward a new policy that would grant plug-in hybrids stats as “low fuel consumption” vehicles between piston engines and all-electric vehicles.
RELATED CONTENT
-
Special Report: Toyota & Issues Electric
Although Toyota’s focus on hybrid powertrains at the seeming expense of the development of a portfolio of full battery electric vehicles (BEVs) for the market could cause some concern among those of an environmental orientation, in that Toyota doesn’t seem to be sufficiently supportive of the environment, in their estimation. Here’s something that could cause a reconsideration of that point of view.
-
GAC, CATL Partner on Two Battery Ventures
Two new battery ventures are being formed in China by domestic carmaker Guangzhou Automobile Group Ltd. and battery giant Contemporary Amperex Technology Ltd.
-
On Electric Pickups, Flying Taxis, and Auto Industry Transformation
Ford goes for vertical integration, DENSO and Honeywell take to the skies, how suppliers feel about their customers, how vehicle customers feel about shopping, and insights from a software exec
