VW plans Varta tie-up on batteries

subscribe

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

tariffs-on-chinese-electric-vehicles

Tariffs on Chinese Electric Vehicles

CANADA - Canada, a rising star in critical EV battery minerals, finds itself at a crossroads. The question: should they follow the US and EU and impose tariffs on Chinese electric vehicles (EVs)?

The Allure of Protectionism

Proponents see tariffs as a shield for Canada's auto industry, a vital job creator. They argue that cheaper Chinese EVs, potentially boosted by government subsidies, threaten Canadian manufacturers. Tariffs, they believe, would level the playing field.

Consumer Concerns and Environmental Impact

Opponents fear tariffs will translate to higher prices, deterring Canadians from buying EVs. This could slow down Canada's transition to cleaner transportation,…

READ MORE
chinese nuclear power plant

Is nuclear power really in decline?

READ MORE

pei wind power

Canadian Gov't and PEI invest in new transmission line to support wind energy production

READ MORE

powerlines

Hydro One: No cut in peak hydro rates yet for self-isolating customers

READ MORE

substation

UK National Grid Commissions 2GW Substation

READ MORE