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Toyota Joins Forces With Panasonic to Jointly Develop EV Batteries

Toyota Joins Forces With Panasonic to Jointly Develop EV Batteries

The joint partnership will see Toyota and Panasonic develop and manufacture prismatic lithium-ion batteries for electric vehicles, which will also be available for other automakers to purchase.

Vineeth Joel Patel2020-02-09 09:00 PT

Tesla’s Market Value More Than Doubles Since the Start of 2020, Topping $170 Billion

Tesla’s Market Value More Than Doubles Since the Start of 2020, Topping $170 Billion

On Tuesday, Tesla’s stock surged another 20%, reaching a record high of $960, more than double the company’s market value since the beginning of the year.

Eric Walz2020-02-04 11:05 PT

IBM Develops a Lithium-Ion Battery Using Minerals in Seawater to Replace Cobalt

IBM Develops a Lithium-Ion Battery Using Minerals in Seawater to Replace Cobalt

Computer maker International Business Machines Corp (IBM) announced that it has developed a new electric vehicle battery technology that uses minerals contained in seawater to replace cobalt, an essential mineral used in lithium-ion batteries.

FutureCar Staff 2019-12-18 11:00 PT

A Look at the Asian Companies Looking to Dominate the Global EV Battery Market

A Look at the Asian Companies Looking to Dominate the Global EV Battery Market

​Although electric vehicles make up just a small percentage of all cars on the road, global automakers are gearing up to build millions of EVs over the next decade and Asian battery suppliers are lining up to secure lucrative contracts with them.

FutureCar Staff 2019-11-29 14:30 PT

World's Largest EV Battery Producer CATL Expects up to 50% Growth This Year as Demand Soars

World's Largest EV Battery Producer CATL Expects up to 50% Growth This Year as Demand Soars

As demand for lithium-ion electric vehicle batteries increases, Chinese battery maker Contemporary Amperex Technology Limited (CATL), the world's largest automotive battery producer, announced that it expects its net profit for the first three quarters of 2019 to reach between $328 to $500 million.

Eric Walz2019-10-18 11:00 PT

Volkswagen Begins Pilot Line Production of EV Battery Cells in Germany

Volkswagen Begins Pilot Line Production of EV Battery Cells in Germany

Volkswagen announced on Monday that a pilot line for small-series battery cell production began operating on Monday at the Volkswagen Group Center of Excellence in Salzgitter, Germany.

Eric Walz2019-09-23 16:45 PT

Toyota is Using Tesla-style Panasonic Batteries for its China Hybrid Models

Toyota is Using Tesla-style Panasonic Batteries for its China Hybrid Models

Toyota Motor Corp has started using the same type of battery that Panasonic Corp designed for Tesla Inc in some of its plug-in hybrids sold in China, sources familiar with the matter said.

FutureCar Staff 2019-09-13 18:30 PT

U.S. Waives Tariffs on Japanese Aluminum for Tesla Battery Cells

U.S. Waives Tariffs on Japanese Aluminum for Tesla Battery Cells

The U.S. Commerce Department has agreed to Tesla Inc’s request to waive 10 percent tariffs on imported aluminum from Japan used in the manufacture of battery cells at Tesla’s Nevada Gigafactory, government documents show.

FutureCar Staff 2019-06-25 05:00 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

China’s CATL Aims to Build a EV Battery Plant in Germany 3 Times Bigger Than Tesla’s Gigafactory

China’s CATL Aims to Build a EV Battery Plant in Germany 3 Times Bigger Than Tesla’s Gigafactory

CATL, the world’s largest maker of battery cells for electric vehicles, has already committed to building a factory in Germany, but now the battery maker plans to increase the size of its factory in Erfurt to meet rising demand from Germany’s auto industry.

FutureCar Staff 2019-02-06 18:26 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

Honda Exploring Solid-State Battery Technology

Honda Exploring Solid-State Battery Technology

Honda Motor Co is considering developing all solid-state batteries for electric vehicles (EVs) as a growing number of global automakers seek to develop powerful, next-generation car batteries to reduce vehicle emissions, Reuters has reported.

Eric Walz2017-12-22 10:25 PT

Toyota Expands Partnership With Panasonic on Battery Technology

Toyota Expands Partnership With Panasonic on Battery Technology

Toyota Motor Corp. is strengthening its partnership with battery producer Panasonic Corp., as the world’s largest automaker accelerates efforts towards electric cars.

Eric Walz2017-12-13 17:25 PT

Is 2170 Tesla’s Magic Number?

Is 2170 Tesla’s Magic Number?

A closer look at Tesla's Model 3 Battery Technology

Peter Els2017-08-19 11:58 PT

Tesla’s Battery Tech Director Abruptly Leaves the Company

Tesla’s Battery Tech Director Abruptly Leaves the Company

Kurt Kelty Tesla's battery tech director, has left, just as the company enters what Elon Musk called "production hell" for the Model 3.

Eric Walz2017-08-01 17:57 PT