The evolving GaN and SiC power semiconductor market landscape
July 23, 2020The emerging market for silicon carbide (SiC) and gallium nitride (GaN) power semiconductors is rapidly evolving from a startup-dominated business to one led by large-established power semiconductor manufacturers.
Volkswagen increases stake in QuantumScape
June 18, 2020The Volkswagen Group is increasing its stake in QuantumScape and making an additional investment of up to US$200 million in the US battery specialist.
Construction starts at Kyungshin new factory in Serbia
June 03, 2020The South Korean automotive company has initiated the construction of its new facility in the municipality of Smederevska Palanka in Serbia – once completed 700 new jobs will be created.
Volkswagen intensifies e-mobility activities in China
May 29, 2020Volkswagen has initiated the next chapter for its business in China. The automotive giant plans to increase its share in JAC Volkswagen, its joint venture for e-mobility.
Volkswagen invests in battery operations at Salzgitter
May 12, 2020The joint venture between Volkswagen Group and the Swedish battery producer Northvolt is gaining further momentum. VW moves forward to make sure the building stands ready for the JV factory.
Kyungshin Cables to make a €20 million investment in Serbia
March 17, 2020The South Korean cable plans to invest EUR 20 million in the construction of a factory for electric vehicle charger cable sets in Smederevska Palanka, Serbia.
SK Innovation: expansion in U.S. and Hungary
January 10, 2020South Korea’s SK Innovation Co Ltd has announced plans for a second electric vehicle (EV) battery plant in the United States and is considering expansion of another factory in Hungary, among other options.
ZKW expands locations in Mexico and Slovakia
January 10, 2020Before wrapping up 2019, the Austrian lighting systems specialist announced investments a total of over EUR 210 million euros in its production plants in Mexico and Slovakia.
Volkswagen starts pre-production e-mobility plant in China
November 11, 2019The new plant of the SAIC VOLKSWAGEN joint venture has been completed. It is purely built for the production of all electric vehicles on Volkswagen’s Modular Electric Drive Matrix (MEB).
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.
VW launches battery cell development and production in Salzgitter
September 23, 2019In Salzgitter (Lower Saxony)m over 1'000 jobs are to be created by 2023-24 for testing and producing battery cells. These jobs will be divided between Volkswagen’s development center and pilot line as well as the joint venture with Northvolt for battery cell production.
Volkswagen and Northvolt team up to build factory
September 06, 2019Volkswagen AG and Northvolt AB have created a 50/50 joint venture to build a factory for lithium-ion batteries. Construction of the production facility is scheduled to start in Salzgitter (Lower Saxony) in 2020.
Northvolt completes funding for first homegrown gigafactory
June 12, 2019Swedish battery manufacturing company, Northvolt, announces that is has completed the funding needed to enable the establishment of Europe’s first homegrown gigafactory for lithium-ion battery cells, Northvolt Ett, in Skellefteå, Sweden.
Renesas and SAIC Volkswagen unveil automotive electronics lab
June 11, 2019Renesas Electronics says that it has established a “Automotive Electronic Joint Laboratory” with SAIC Volkswagen Automobile Co., (SVW). The joint laboratory aims to accelerate research and development efforts to support emerging automotive electronics applications, starting with cockpit and vehicle control, for the Chinese automotive market.
Cree selected as silicon carbide partner for VW's FAST program
May 15, 2019Cree has been selected as the exclusive silicon carbide partner for the Volkswagen Group’s “Future Automotive Supply Tracks” Initiative (FAST). The aim of FAST is to work together to implement technical innovations quicker than before and to realise global vehicle projects more efficiently and effectively.
Volkswagen maps out its plan for battery cell production
May 15, 2019As part of its electrification offensive the Volkswagen Group is to move forward with setting up a battery cell production facility in Europe under a partnership.
Volkswagen relies on Infineon for its electric future
May 10, 2019Chipmaker Infineon is the newest partner in the Volkswagen Group's strategic supplier network FAST (Future Automotive Supply Tracks).
ABB supplies robot solutions to SAIC Volkswagen in China
May 02, 2019ABB signed a formal agreement with SAIC Volkswagen to provide robotics painting solutions for the first New Energy Vehicle (NEV) factory of the Volkswagen Group. Financial details were not disclosed.
PowerCell signs joint development agreement with BoschLoad more news
April 29, 2019PowerCell and Robert Bosch GmbH have signed an agreement regarding the development, production and sale of the PowerCell S3 fuel cell stack for the automotive segment.