Follow
Subscribe
Toyota to Team Up with China’s CATL to Develop Batteries for Electric Vehicles

Toyota to Team Up with China’s CATL to Develop Batteries for Electric Vehicles

Toyota Motor Corp has agreed to partner with China’s Contemporary Amperex Technology Co Ltd (CATL) to supply and develop batteries for new energy vehicles, which in fully-electric and plug-in hybrid models.

FutureCar Staff 2019-07-17 16:50 PT

Toyota to Speed up its EV Development, Will Turn to China for Batteries

Toyota to Speed up its EV Development, Will Turn to China for Batteries

​Toyota Motor Corp is speeding up its timeline of having half of its global vehicle sales electric. To support the ambitious new timeline, Toyota said will turn to Chinese suppliers to supply the batteries needed for the new crop of electric models.

FutureCar Staff 2019-06-07 12:39 PT

France & Germany to Support a EV Battery Consortium With PSA Group and Battery Maker Saft

France & Germany to Support a EV Battery Consortium With PSA Group and Battery Maker Saft

German and French automakers are exploring ways to lessen their reliance on Asian suppliers for electric vehicle batteries and are supporting plans for a new cross-border battery consortium. The economy ministries of both countries sent a letter of intent to the European Union’s executive body asking to approve state subsidies for a battery cell consortium with French carmaker PSA Group, German subsidiary Opel and French battery maker Saft.

FutureCar Staff 2019-04-29 16:23 PT

Tesla Reverses Decision to Shut Down All of its Retail Stores, Will Keep Some Open & Raise Prices

Tesla Reverses Decision to Shut Down All of its Retail Stores, Will Keep Some Open & Raise Prices

Last week, Tesla CEO Elon Musk made a surprising announcement the the electric automaker would close all of its retail locations and move vehicle sales to online-only in a cost cutting move. Now Tesla is backtracking on its decision. Tesla said it will keep half of its retail locations open and raise prices by 3 percent for its high-end models.

FutureCar Staff 2019-03-11 14:29 PT

Honda Partners With CATL, China’s Largest EV Battery Supplier

Honda Partners With CATL, China’s Largest EV Battery Supplier

Under the contract, CATL will supply Honda with lithium-ion batteries that have a capacity of 56 gigawatt (GWh) hours by 2027.

Vineeth Joel Patel2019-02-08 12:00 PT

Toyota & Panasonic Establish Joint Venture Company to Build EV Batteries

Toyota & Panasonic Establish Joint Venture Company to Build EV Batteries

The Toyota Motor Corporation and Panasonic announced a new joint venture to develop advanced automotive prismatic batteries for use in electric vehicles. The new joint venture aims to be operating by 2020.

FutureCar Staff 2019-01-22 16:13 PT

Corporate Investors are Investing Billions in EVs and Related Startups in the U.S. & China

Corporate Investors are Investing Billions in EVs and Related Startups in the U.S. & China

As the auto industry moves toward electrification, big corporations not normally associated with investments in the auto industry have been pouring money into electric vehicle startups working on electric vehicles, batteries and EV charging infrastructure.

Eric Walz2019-01-11 18:12 PT

Germany's Varta Makes Plans to Mass Produce EV Battery Cells

Germany's Varta Makes Plans to Mass Produce EV Battery Cells

German battery maker Varta​ has reached a research agreement to lay the groundwork for mass production of lithium-ion battery cells for electric cars.

Eric Walz2018-11-19 11:31 PT

BMW Teams Up with Sweden’s Northvolt for Sustainable EV Batteries

BMW Teams Up with Sweden’s Northvolt for Sustainable EV Batteries

German automaker BMW is partnering with Swedish battery company Northvolt and Belgian materials recycling group Umicore on a project to create a sustainable life cycle for the EV batteries used in future models, the companies said on Monday.

Eric Walz2018-10-15 12:51 PT

EV Startup BYTON to Work with Bosch on Electric Powertrains and Braking Systems

EV Startup BYTON to Work with Bosch on Electric Powertrains and Braking Systems

Automotive supplier Bosch is to team up with Chinese-funded electric vehicle startup Byton, Reuters reported. Bosch will supply Byton with powertrain, brake and driver assistance systems, the company said in a statement.

FutureCar Staff 2018-09-25 13:55 PT

French Energy Co Saft to Begin Producing Next-Gen EV Batteries by 2020

French Energy Co Saft to Begin Producing Next-Gen EV Batteries by 2020

France's Saft, a subsidiary of energy company Total, expects to begin mass production of next-generation lithium ion batteries starting in early 2020. Saft is part of a four-way European battery alliance between Siemens AG, Manz AG and Belgian chemical company Solvay.

FutureCar Staff 2018-09-13 12:46 PT

German Automakers Looking to Outside Sources to Meet Demand for EV Batteries

German Automakers Looking to Outside Sources to Meet Demand for EV Batteries

German automakers, including Volkswagen and BMW, are fearful that the country may not have sufficient production facilities to meet the demand for electric vehicle battery cells, as the country’s major automakers make plans electrify their model lineups.

Eric Walz2018-07-09 11:00 PT