The World’s Biggest Battery Producer CATL Signs MoU with EV Startup VinFast to Develop a ‘Skateboard’ Electric Vehicle Platform

​China’s Contemporary Amperex Technology Co Ltd (CATL), which is the biggest supplier of electric vehicle batteries to the global auto industry, announced the signing of an MoU with Vietnam-based EV startup VinFast for the co-development of a dedicated skateboard platform for battery-powered vehicles that can significantly lower production costs.

Eric Walz2022-10-31 12:30 PT

Mercedes-Benz Signs MoU With the Government of Canada to Source the Raw Materials for Electric Vehicle Batteries

Mercedes-Benz has signed an MoU with the Government of Canada that will help ensure that the automaker has a reliable supply for raw materials such as lithium to produce all of the electric vehicle batteries its will need by the end of the decade. The MoU is part of the automaker's efforts to set up an entire automotive value chain for the responsible production and recycling of EV batteries.

Eric Walz2022-09-29 10:00 PT

Honda Motor Co Plans to Partner with Electronics Giant Sony on a New Electric Vehicle Joint Venture

​Japan’s Honda Motor Co and electronics company Sony have signed a memorandum of understanding (MoU) to establish a new joint venture company to develop and sell electric vehicles and provide mobility services. The agreement would see a legacy automaker developing high tech electric vehicles with a company outside of the auto industry. iPhone maker Apple Inc is seeking a similar partnership for its rumored "Apple Car" project.

Eric Walz2022-04-10 11:00 PT