VW plans Varta tie-up on batteries
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

Quebec Hit by Widespread Power Outages Following Severe Windstorm
MONTREAL - A powerful windstorm swept across Quebec on April 29, 2025, leaving tens of thousands of residents without electricity and causing significant damage to infrastructure. The storm's intensity disrupted daily life, leading to widespread power outages, fallen trees, and transportation delays.
Storm's Impact
The windstorm, characterized by gusts exceeding 100 km/h, struck various regions of Quebec, including Montreal and its surrounding areas. Hydro-Québec reported extensive power outages affecting numerous customers. The storm's ferocity led to the uprooting of trees, downing of power lines, and significant damage to buildings and vehicles.
Response and Recovery Efforts
In the aftermath, emergency services…