The member of Volkswagen’s board who is in charge of technology stated that the automaker intends to make investments in mines to reduce the cost of battery cells, satisfy half of its own demand, and sell to third parties. Thomas Schmall said that the biggest carmaker in Europe wants PowerCo to become a global battery […]
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Hyundai Motor Group and SK On partner to supply electric vehicle batteries for its dedicated electric vehicle (EV) plant in the United States. The two South Korea-based companies have signed a memorandum of understanding (MoU) to supply EV batteries and explore future business opportunities in the United States EV market, says Hyundai Motor Group. Under […]
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After releasing plans to increase electric vehicle and battery production in the United States, BMW has announced that it would also add a new battery assembly line and new cell varnishing lines at BMW’s plant in Germany. The automobile company says the batteries will be used for its fully electric Mini Countryman. According to a […]
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PowerCo, the new battery company of Volkswagen, announced that it will be forming a joint venture with Umicore to manufacture battery materials for around 2.2 million electric vehicles. This new joint venture is a significant milestone in establishing one of the first fully integrated automobile supply chains as Volkswagen plans to ramp up electric vehicle […]
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Jaguar Land Rover (JLR) has now developed a new portable charging device has called the Off Grid Battery Energy Storage System (ESS) that has been powered by the batteries recovered from the I-Pace Electric SUV, and the ESS has now integrated solar energy panels and it comes fitted with the Type 2 connectors for charging […]
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LG Energy Solution, battery manufacturing company of South Korea, and the automobile company ‘General Motors’ announced that, both the companies are together going to be building their third electric vehicle (EV) battery cell production plant in the United States by investing around 2.6 billion dollars. The joint of the companies known as Ultium Cells set […]
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Tesla, an electric car producing company owned by Elon Musk, has introduced the new 12v Li-ion battery and AMD Ryzen chip in the Model 3 and Model Y electric cars of the company in the year 2022. According to the reports, a recent leak has revealed that, the new Model 3 and Model Y vehicles, […]
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The automobile company ‘Ford’ has now been partnering with the company ‘Redwood Materials’, an EV recycling start-up company for reusing the raw materials from the pacts of electric vehicle battery. The partnership, that is going to start initially along with the recycling the scrap material from the manufacturing of the battery, which has been the […]
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