Category: News Site

Zac Hollis: ‘By localising the Vision In to 95%, we will be able to make it competitive.’

Skoda Auto India, which is leading the Volkswagen Group’s ‘India 2.0’ growth strategy, unveiled the Vision IN SUV concept. The midsize SUV (over 4.2 metres), slated for market launch during Q2 of 2021, will have the responsibility to be the Czech brand’s volume driver while its German cousin on the same platform, Taigun will have… Continue reading Zac Hollis: ‘By localising the Vision In to 95%, we will be able to make it competitive.’

Volkswagen to invest Rs 8,000 crore in 2nd bet on India

NEW DELHI: Volkswagen (VW) group is taking a second bet on India as it pumps in a fresh one billion Euro (Rs 7,900 crore) to take a pie of the market, which is seen as one of the bright spots in the global automotive world, despite the current slump. VW will launch SUVs, sedans, electric… Continue reading Volkswagen to invest Rs 8,000 crore in 2nd bet on India

Nissan weighs restarting China production in Dongfeng venture after February 10

SHANGHAI (Reuters) – Nissan Motor (7201.T) said on Tuesday it is considering restarting production in China in its venture with Dongfeng Motor Group (0489.HK) sometime after Feb. 10, citing government guidance and its assessment of the coronavirus epidemic. The Japanese car maker also said production in Hubei province, the epicenter of the epidemic, will start… Continue reading Nissan weighs restarting China production in Dongfeng venture after February 10

GM electrification team wants to make EV charging “normal,” even for apartment dwellers

The General Motors team dedicated to electric vehicle infrastructure is looking beyond the early-adopter market to when mainstream buyers are buying and charging EVs. Electrek spoke last week with Rick Spina, vice president of autonomous and EV commercialization, and Alex Keros, lead architect for EV infrastructure. They believe “normal” in the EV world might not… Continue reading GM electrification team wants to make EV charging “normal,” even for apartment dwellers

Toyota and Panasonic will start producing EV batteries in April

Sponsored Links ASSOCIATED PRESS Toyota and Panasonic have announced a new agreement to start jointly developing and manufacturing electric vehicle batteries. The two Japanese companies say they’re creating a company called Prime Planet Energy and Solutions that will begin producing square-shaped prismatic cells on April 1st. The company will employ approximately 5,100 people initially. As… Continue reading Toyota and Panasonic will start producing EV batteries in April

Panasonic shares soar on profit at U.S. battery business with Tesla

TOKYO, Feb 4 (Reuters) – Shares of Panasonic Corp jumped more than 8% in early Tuesday trade after the Japanese electronics conglomerate the previous day reported its first quarterly profit at its U.S. battery venture with Tesla Inc . Tesla stock also surged on the news as well as on a bullish investor report. Shares… Continue reading Panasonic shares soar on profit at U.S. battery business with Tesla

Toyota-Panasonic to launch big venture for making EV batteries, starting April

Toyota and Panasonic announced today an agreement to jointly develop EV batteries starting in April. The new company, dubbed Prime Planet Energy and Solutions, will develop prismatic batteries for sale to other automakers. The joint venture, which will be owned 51% by Toyota, will have more than 5,000 employees. The maxim in political journalism is… Continue reading Toyota-Panasonic to launch big venture for making EV batteries, starting April

Chinese battery giant CATL confirms supply agreement with Tesla

One of the largest battery suppliers in the world, CATL, has signed an agreement with Tesla, as reported by Reuters. The agreement lasts for two years from July 2020 to June 2022 and has no specified capacity restrictions. In last week’s Q4 results letter, Tesla stated that they plan to deliver at least 500,000 cars… Continue reading Chinese battery giant CATL confirms supply agreement with Tesla