Mexican Media Brands
VW May Join German EV Battery Consortium
On Friday Volkswagen AG’s supervisory board will discuss whether the carmaker should join a German consortium that is mulling European production of battery cells for electric cars, Reuters reports.
#hybrid
Share
On Friday Volkswagen AG’s supervisory board will discuss whether the carmaker should join a government-backed German consortium that is mulling European production of battery cells for electric cars, Reuters reports.
VW currently buys battery cells from China’s Contemporary Amperex Technology and South Korea’s LG Chem. But VW CEO Herbert Diess has urged Germany to establish its own capacity to make cells.
Germany’s government has budgeted €1 billion ($1.1 billion) for the consortium to help it launch cell production and develop next-generation solid-state batteries for EVs. German Economy Minister Peter Altmaier says the aim is to locally supply 30% of Germany’s battery cell needs by 2030.
Reuters’ sources say companies expressing interest in building a cell plant in Germany include BASF, Ford Motor’s Ford Werke subsidiary and VARTA Microbattery.
RELATED CONTENT
-
On Military Trucks, Euro Car Sales, Mazda Drops and More
Did you know Mack is making military dump trucks from commercial vehicles or that Ford tied with Daimler in Euro vehicle sales or the Mazda6 is soon to be a thing of the past or Alexa can be more readily integrated or about Honda’s new EV strategy? All that and more are found here.
-
On Automotive: An All Electric Edition
A look at electric vehicle-related developments, from new products to recycling old batteries.
-
on lots of electric trucks. . .Grand Highlander. . .atomically analyzing additive. . .geometric designs. . .Dodge Hornet. . .
EVs slowdown. . .Ram’s latest in electricity. . .the Grand Highlander is. . .additive at the atomic level. . .advanced—and retro—designs. . .the Dodge Hornet. . .Rimac in reverse. . .
