Germany amps up domestic battery production with massive state subsidies
July 03, 2020The German government is investing more than EUR 1.5 billion in battery cell research and production.
Volvo Cars inaugurates new battery assembly line at Ghent plant
March 05, 2020Volvo Cars has formally inaugurated a brand new battery assembly line at its Belgian manufacturing plant in Ghent, where it will start building its first fully electric car, the XC40 Recharge P8, later this year.
BMW is betting billions on e-mobility – awards massive battery contracts
November 21, 2019The BMW Group is forging ahead with electromobility and deepening its existing business relationships with battery cell manufacturers CATL (Contemporary Amperex Technology Co. Limited) and Samsung SDI.
CATL starts construction of its first overseas factory in Germany
October 21, 2019A groundbreaking ceremony of the first overseas factory for lithium-ion battery maker CATL took place on October 18 in Thuringia, Germany, marking the start of construction of the first lithium-ion battery factory in Germany.
Bosch and CATL collaborate on battery cells
September 05, 2019Bosch and Contemporary Amperex Technology Co. Limited (CATL) have concluded a long-term strategic cooperation agreement. The partners are going to jointly specify high-performance battery cells.
Volvo inks battery supply deals with CATL and LG Chem
May 15, 2019Volvo Car Group says that it has signed long-term agreements with battery makers CATL and LG Chem to ensure the multi-billion dollar supply of lithium ion batteries over the coming decade.
Volkswagen plans 22 million electric vehicles in ten years
March 12, 2019Volkswagen is forging ahead with its technology overhaul; change of system and systematically aligning with electric drives. The Group is planning to launch almost 70 new electric models in the next ten years – instead of the 50 previously planned.
CATL opens first North American base
December 11, 2018Electric vehicle battery manufacturer Contemporary Amperex Technology Co. Ltd (CATL), is committing to the US market by opening its first North American sales and service facility.
CATL builds European EV battery factory in Germany
July 12, 2018Contemporary Amperex Technology Ltd. (CATL) is opening a European factory in Thuringia, Germany, as the region’s auto industry gears up to mass-produce electric vehicles (EVs).
Byton raises $500 million to speed up development of smart connected vehicles
June 11, 2018The electric car company says that it has successfully concluded a Series-B fundraising round, attracting a total of USD 500 million from multiple major investors that include FAW Group, Tus-Holdings, CATL, and more.
More competition for European battery manufacturers
March 06, 2018Several players are in the midst of building – or planning – large scale manufacturing plants in order to keep up with the anticipated increase in demand as the automotive industry is becoming more and more electrified.
Valmet Automotive concluded engineering operations deal in GermanyLoad more news
March 08, 2017Valmet Automotive, a Finnish contract manufacturer of speciality cars, has concluded the deal for ex-Semcon engineering operations in Germany.