VW plans Varta tie-up on batteries
FRANKFURT, GERMANY - Volkswagen is setting up a joint venture with Varta Microbattery GmbH to develop more powerful batteries for use in electric cars, Europe's biggest carmaker said.
It said the project aims to undertake research and development of lithium-ion batteries that would be more competitive in terms of technology and price.
The four-year project still needed approval by the German Cartel Office.
Volkswagen, which wants to launch the first electric car by 2013, presented a prototype of the e-UP! model at the Frankfurt Car Show this month.
VW already works with Japan's Toshiba and Sanyo as well as with China's BYD on battery technology.
Related News
Notley announces plans to move Alberta's electricity grid to net-zero by 2035 if elected
CALGARY - Ahead of the NDP’s weekend convention, Alberta’s Opposition leader has committed to transforming the province’s energy sector and moving the province’s electricity grid to net-zero by 2035 should an orange crush wash over Alberta in the next election.
NDP Leader Rachel Notley said they would achieve this as part of the path towards Canada’s 2050 net-zero emissions goal, which will help preserve and create jobs in the province.
“I think it’s an important goal. It’s a way of framing the work that we’re going to do within our energy industry and our energy sector,” said Notley. “We know…
