Joint Venture

Siro, a battery joint venture between Farasis Energy and Turkish EV manufacturer Togg, has started series production at its Gemlik site in Turkey. With an annual capacity of 3 GWh, battery modules and packs are now manufactured based on ...

Honda to sell only electric vehicles in China from 2035

This was announced by the Japanese carmaker at the Shanghai auto show, where Honda also provided a preview of new electric models to be launched on the Chinese market next year. Honda’s new electric vehicle offerings will start with ...

Toyota reveals plans for two new EV models for China

At the Shanghai auto show, Toyota presented two new BEV concept models that the Japanese carmaker plans to bring to market in China in 2024 together with its local partners. In addition, the bZ3 electric sedan has now officially ...

Volkswagen launches ‘100%TechCo’ to fully focus on China

Volkswagen will invest around one billion euros to establish a new R&D centre for fully connected electric cars in Hefei, China. The Group announced the project at the Shanghai Auto Show today and set ambitious targets for the ‘100%TechCo’ ...

Italy investigates Enel over alleged EV charging monopoly

Italy’s antitrust authority has opened an investigation into Enel, the country’s biggest utility, for possibly abusing its dominant position in charging stations for electric vehicles. The investigation concerns all of Enel’s EV charging business and could also have repercussions ...

LG Chem & Huayou to build cathode material plant in South Korea

The South Korean chemical company LG Chem is joining forces with the Chinese company Huayou Cobalt to build a factory for nickel, cobalt and manganese cathode precursor materials in South Korea. Construction of the new factory at the Saemangeum ...

SK On announces plan for precursors joint vernture in South Korea

SK On, cathode material company EcoPro, and Chinese battery material manufacturer GEM are building a production plant for precursors for electric car batteries. The site should be completed by the end of 2024 and have an annual capacity of ...

PowerCo & Umicore receie regulatory approval for joint venture

PowerCo, the battery company of the Volkswagen Group, and the Belgian materials technology group Umicore have received all regulatory approvals for their joint venture announced in September 2022. The partners can now swiftly begin preparations for large-scale industrial production ...

EKPO secures new order for bipolar plates

EKPO Fuel Cell Technologies, the fuel cell joint venture between ElringKlinger and Plastic Omnium, has received an order from a “global automotive manufacturer” to supply mass-produced bipolar plates for the latter’s future fuel cell system. As usual, the name ...

TotalEnergies to sell gas stations in Germany & Netherlands

The French mineral oil group wants to sell its entire service station network in Germany and the Netherlands to the Canadian company Couche-Tard. The reason is allegedly the planned phasing out of internal combustion engines in Europe. In countries ...

Denza launches new electric N7 SUV in China

Denza, BYD’s Chinese joint venture with Mercedes-Benz, is preparing to launch a new model. According to the registration application with China’s Ministry of Industry and Information Technology (MIIT), the vehicle is an electric SUV called the Denza N7. Registration ...

Honda reveals next steps in US EV manufacturing

Honda has published more details on the conversion of its plants in the US state of Ohio for the future production of electric cars and the components for them. The Marysville Auto Plant (MAP) will begin preparations for the ...

Engie & Ceva launch alternative energy truck infrastructure JV

Energy group Engie has formed a joint venture with logistics provider Ceva Logistics and French motorway management company SANEF to build and operate a network of refuelling and charging stations for hydrogen, biogas and electric trucks along European motorways. ...

Samsung SDI will supply cylindrical battery cells to GM

Samsung SDI is to supply General Motors with cylindrical battery cells for electric cars. According to Korean media, the companies will build a joint manufacturing plant with an annual capacity of at least 30 GWh. And another carmaker could ...

Jet H2 Energy to build ten H2 refuelling stations by 2024

Jet H2 Energy plans to build its first ten hydrogen refuelling stations in Germany and Denmark. These will supply cars as well as light and heavy commercial vehicles and buses with gaseous green hydrogen – at 350 and 700 ...

Honda & LG Energy Solution to build battery plant in Ohio

Honda and LG Energy Solution have begun constructing their joint venture battery cell factory in the US state of Ohio. The announced factory near Jeffersonville is expected to be operational by the end of 2025 with an annual production ...

Hyundai to deliver 700 fuel cell buses to Incheon

The South Korean city of Incheon, located near the capital Seoul, plans to introduce a total of 700 fuel-cell buses by the end of 2024. A total of 200 of these H2 buses are to be put into operation ...

Abt founds new joint venture in China

The German conversion company Abt and Yotta Automobile have set up a Chinese joint venture called “Abt Technologies (Guangzhou) Co., Ltd”. It has exclusive rights to sell refinement parts, co-branded vehicles and services under the Abt brand in China. ...

Hina launches sodium-ion battery tests in vehicles

In China, sodium-ion batteries are being used on a limited test basis in an electric car for the first time. The relatively unknown battery manufacturer Hina Battery presented three sodium-ion battery cell types and announced a partnership with the ...

Ford signs joint venture agreement for Turkish battery plant with LG ES

Ford has agreed with LG Energy Solution and Koç Holding to form a joint venture to build a large battery cell plant for electric commercial vehicles in Turkey. The plant in Turkey had originally been planned with SK ON. ...

Rheinmetall Polycharge JV wins first customer

One year after it was founded, the joint venture Rheinmetall Polycharge landed its first customer: an unnamed international supplier to the automotive industry. The order was for two different DC link capacitors for applications in the 900V range. According ...

Renault and Nissan to build two small e-cars in India

Renault and Nissan are investing around 600 million dollars in India to produce six new models at their joint plant in Chennai. These will include the first two electric cars companies will build in India. The two EVs will ...

EKPO announces major FC component order in Europe

EKPO Fuel Cell Technologies, the fuel cell joint venture between ElringKlinger and Plastic Omnium, has received an order from an unnamed European car manufacturer for fuel cell stacks for use in a future production vehicle. The agreement involves the ...

General Motors invests in Lithium Americas

General Motors is investing in the lithium producer Lithium Americas, thus securing access to the Thacker Pass mine in Nevada, the largest known source of lithium in the USA and the third largest in the world. In addition, GM ...

TotalEnergies & Air Liquide join forces on H2 refuelling for trucks

In Europe, the energy group TotalEnergies and the hydrogen gas manufacturer Air Liquide have decided to set up a joint venture to build hydrogen refuelling stations for heavy-duty vehicles in France, Benelux and Germany. The corresponding joint venture is ...

Freudenberg signs battery module supply deal with LG ES

Freudenberg e-Power Systems (FEPS) and LG Energy Solution (LGES) have signed a multi-year contract to supply lithium-ion battery modules. This is Freudenberg’s response to increasing demand from its truck and bus customers in North America and Europe. According to ...

GM & LG drop plans for fourth US battery factory

General Motors and LG Energy Solution are apparently not pursuing their plan for a fourth joint battery cell plant in the USA. GM could instead build the planned plant in Indiana with a new partner at its side. This ...

Samsung SDI plans to produce round battery cells in Hungary

Samsung SDI is considering building a new battery cell factory in Hungary, according to Korean media. The plant is to supply BMW exclusively with round cells for the New Class electric cars and is to be built near Samsung ...

Wolftank & TPER found JV for H2 refuelling system in Italy

Austrian-based Wolftank Group, specialised in energy and environmental solutions technologies, has set up a joint venture for hydrogen refuelling systems with the public transport operator TPER for the Italian city of Bologna. The new company is called TPH2, and ...

Ganfeng to reach 100 GWh annual capacity with two new factories

The Chinese lithium and battery producer Ganfeng Lithium is investing 15 billion yuan in two new battery factories to increase its production capacities by 34 GWh to around 100 GWh per year. Converted, the investment amounts to 2.2 billion ...

BMW And Mercedes Selling SHARE NOW Joint Venture To Stellantis

Established in 2019, SHARE NOW represents the merger of Daimler’s car2go and the BMW Group’s DriveNow. In early 2020, it downsized its activities by closing all North American operations, along with several of its European branches. The two German ...

LG Magna e-Powertrain to build component factory in Mexico

LG Magna e-Powertrain, the joint venture between LG Electronics and Magna, has begun construction of a new plant in Ramos Arizpe, Mexico. This will produce electric motors, inverters and onboard chargers for General Motors from 2023. General Motors has ...

BMW inaugruates extension of Chinese plant

The Chinese joint venture BMW Brilliance Automotive (BBA) has inaugurated the expansion of its Dadong plant in the city of Shenyang, China. With the completion of the conversion measures, the plant will be able to flexibly produce vehicles with ...

Honda to release 30 electric models by 2030

Honda has concretised its electric plans. According to the Japanese company, they want to bring 30 electric models onto the market worldwide by 2030 and achieve a sales volume of more than two million electric cars per year with ...

Anja van Niersen to take over between Daimler Trucks, Traton and Volvo joint venture

The co-founder of the charging infrastructure provider Allego, Anja van Niersen, is to take over the leadership of the announced joint venture between Daimler Trucks, Traton and Volvo. So far, the approval of the cartel authorities for the venture ...

Britishvolt & VKTR sign MoU to secure battery supply chain in Indonesia

Budding British battery cell manufacturer Britishvolt has agreed to set up a joint venture with VKTR, part of the Indonesian conglomerate Bakrie & Brothers. A memorandum of understanding initially provides for the construction of a nickel sulphate plant in ...

ACC to build next battery factory in Italy

Stellantis has officially confirmed plans to build a third Automotive Cells Company (ACC) battery factory in Termoli, Italy. For this purpose, Stellantis’ existing engine plant is to be converted into a battery factory. By 2030, the joint venture of ...

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