News & Insights

Launch of a Pilot Plant to Manufacture European Batteries for Electric Vehicles

Posted: January 30, 2020

During French President Emmanuel Macron’s visit to the Saft Nersac plant near Angoulême, in the Nouvelle-Aquitaine region, Total, through its affiliate Saft, and PSA with Opel, are announcing their plan to combine their know-how to develop EV battery manufacturing activity in Europe. To that end, the partners intend to establish a joint venture named Automotive […] READ MORE...

Israel funds folding electric vehicle and Hydrogen gas station

Posted: December 18, 2019

The Israel government has provided a grant of NIS 2 million (USD570,000) to City Transformer, an Israel-based company which is developing an ultra-light electric vehicle that can fold its chassis at the push of a button. The funding for the company is a part of a national program for fuel alternatives and smart mobility offered to […] READ MORE...

BMW, Daimler mobility services JV YOUR NOW reports 44% growth

Posted: December 17, 2019

BMW and Daimler’s YOUR NOW mobility services, which were launched in February 2019, have reported 44% growth, a company release said. The YOUR NOW joint ventures, including FREE NOW, SHARE NOW, PARK NOW & CHARGE NOW services, have almost 90-million customers using the mobility services. READ MORE...

BMW Group signs supply contract with Ganfeng for sustainable lithium from mines in Australia

Posted: December 16, 2019

BMW has inked a supply agreement with Ganfeng Lithium of Jiangxi (China) for a five-year term ending 2024 to be delivered to the automaker’s cathode manufacturer. With this contract, BMW has secured “100% of its lithium hydroxide needs” Dr. Andreas Wendt, member of the Board of Management of BMW AG responsible for Purchasing and Supplier Network, said. BMW plans […] READ MORE...

GKN Automotive launches strategy to make Electric Propulsion more affordable

Posted: December 16, 2019

GKN Automotive has begun working on a standardised three-in-one system for electric and plug-in hybrid vehicles that integrates an electric motor, inverter and a single-speed transmission in a single module that offers heightened torque. The standardisation of the module will go a long way towards making e-mobility affordable. READ MORE...

Mercedes-Benz to produce electric powertrain in Untertürkheim plant

Posted: December 16, 2019

In a move that will bring relief to employees of Mercedes Benz’s Untertürkheim plant, the automaker and the plant’s works council have decided to produce parts of the electric powertrain (eATS) at the facility. With eATS, the facility will complete the entire spectrum of the automaker’s drive technologies produced at the plant after combustion engines, […] READ MORE...

FCA joins RSBN to help build a more ethical Electric Vehicle supply chain

Posted: December 16, 2019

Following Volvo, FCA has joined the Responsible Sourcing Blockchain Network (RSBN), an industry group that uses blockchain technology to support responsible sourcing and production practices all along the raw material supply chain. Other automakers in the group include Ford, Volkswagen, LG Chem and Huayou Cobalt. READ MORE...

Argosy Minerals acquires Tonopah lithium project in the US

Posted: August 14, 2019

Australian lithium miner Argosy Minerals has entered into an agreement to acquire tenements comprising the Tonopah Lithium Project in Nevada, US. According the agreement, the lithium miner will pay initially AUD50, 000 (USD33876.5) and will offer another AUD500, 000 (USD340, 000) upon achieving certain production milestones. READ MORE...

Primearth Energy plans to establish a fourth battery factory in China

Posted: August 14, 2019

Primearth EV Energy, a subsidiary of Toyota, has planned to set up a fourth battery factory in China. Later on the completion of the plant in 2021, the manufacturer will produce NiMH batteries for Toyota hybrid cars with an annual capacity of 100,000 batteries. READ MORE...

Korean EV battery makers set to face competition in Europe in 2025: KITA

Posted: August 14, 2019

The Korea International Trade Association (KITA) has said that the South Korean battery manufacturers might face competition in Europe once European companies complete their investments and start mass producing their own EV batteries. It is also expected that by 2025 EV sales will reach 4m units in the continent. READ MORE...

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