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Volkswagen

VW ups Quantumscape investment for solid-state batteries

Mon, 06/25/2018 - 11:11 -- John Shepherd
VW ups Quantumscape investment for solid-state batteries

Volkswagen is investing $100 million to increase its stake in US battery start-up Quantumscape and “accelerate” commercialisation of innovative solid-state battery technology.

VW said the deal, which is subject to regulatory approvals, will make it Quantumscape’s largest automotive shareholder and will give the car giant a seat on the board.

 

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VW confirms plan for battery cells pilot plant

Mon, 05/21/2018 - 10:23 -- John Shepherd
VW confirms plan for battery cells pilot plant

Volkswagen has told BBB it will build a pilot manufacturing plant for battery cells in Germany as part of a new corporate “centre of excellence”.

The pilot facility, on which work is expected to start by 2019, will be incorporated with an existing VW plant in Salzgitter, Lower Saxony, a VW spokesperson confirmed.

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Volkswagen ‘to buy EUR20bn of batteries from Asia’

Wed, 05/09/2018 - 09:51 -- Xuan Zhong
Volkswagen ‘to buy EUR20bn of batteries from Asia’

Volkswagen has reportedly earmarked EUR20 billion ($25bn) to buy in lithium batteries for its electric vehicle business from China’s CATL, South Korea’s LG Chem and Samsung SDI.

China’s state Xinhua News Agency said the move was agreed by VW at its annual general meeting in Berlin— although BBB could not independently confirm the report.

 

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CATL snaps up Canadian lithium firm

Mon, 03/19/2018 - 11:17 -- John Shepherd
CATL snaps up Canadian lithium firm

China’s CATL has reportedly bought a 90% controlling stake in a Canadian lithium firm— to shore up supplies of the key raw material for its expanding global battery business.

Contemporary Amperex Technology (CATL) acquired 36.6 million shares of North American Lithium from Jilin Jien Nickel Industry, according to the China Daily.

 

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Now China’s CATL ‘makes play for EU expansion’

Mon, 03/12/2018 - 12:13 -- Xuan Zhong
Now China’s CATL ‘makes play for EU expansion’

Chinese battery giant CATL is reportedly on the lookout for a site in Europe to manufacture lithium-ion batteries for the electric vehicle market, after becoming a supplier for Volkswagen cars built in China.

According to Bloomberg, CATL (Contemporary Amperex Technology Co) “is close to” deciding on a site in either Germany, Hungary or Poland to build what would be its first overseas automotive battery manufacturing plant.

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China’s CATL ‘plans Europe battery plant’

Tue, 09/26/2017 - 09:47 -- News Editor
China’s CATL ‘plans Europe battery plant’

Chinese lithium-ion battery maker Contemporary Amperex Technology Ltd (CATL) is to open a production base in Europe, according to state media.

China’s Xinhua News Agency said CATL is “planning to build a new plant in Europe to meet the rising demand of the continent” for electric vehicle batteries.

 

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VW unveils $60bn batteries investment plan

Tue, 09/19/2017 - 11:01 -- News Editor
VW unveils $60bn batteries investment plan

Volkswagen has announced plans to invest more than EUR50 billion ($60bn) in battery cells and related technology, towards the electrification of its entire model portfolio by 2030 “at the latest”.

CEO Matthias Mueller (pictured) said the group has already launched a global tender process to find manufacturing partners in China, Europe and North America— as VW will “need more than 150GWh of lithium-ion battery capacity annually by 2025 for its own e-fleet alone”.

 

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VW unveils $60bn batteries investment plan

Tue, 09/12/2017 - 11:41 -- News Editor
VW unveils $60bn batteries investment plan

Volkswagen has announced plans to invest more than EUR50 billion ($60bn) in battery cells and related technology, towards the electrification of its entire model portfolio by 2030 "at the latest".

CEO Matthias Mueller (pictured) said the group has already launched a global tender process to find manufacturing partners in China, Europe and North America— as VW will “need more than 150GWh of lithium-ion battery capacity annually by 2025 for its own e-fleet alone”.

Full report in the next edition of BEST Battery Briefing, out on 18 September. Subscribe now to receive your FREE copy by e-mail.

 

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Glencore ‘in triangular lithium deal’ with China’s CATL and VW

Tue, 07/18/2017 - 10:50 -- News Editor
Glencore ‘in triangular lithium deal’ with China’s CATL and VW

Switzerland-based mining company Glencore has reportedly signed a deal to supply cobalt materials to a Chinese lithium battery manufacturer – who would in turn sell batteries for Volkswagen’s (VW) electric vehicles.

According to Reuters, the deal would see Glencore sell up to 20,000 tonnes of cobalt products to CATL (Contemporary Amperex Technology Co Ltd), a China-based battery giant who also supplies EV batteries to carmaker BMW.

 

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Volkswagen: Stand-alone 48V battery in mild hybrids too complex

Fri, 11/21/2014 - 15:10 -- Laura Varriale
2nd 48V conference in Düsseldorf

German OEM Volkswagen will not switch to a single 48V power supply system in mild hybrids in the near future, according to Florian Kühnetz, development engineer at Volkswagen.

Volkswagen will focus on a dual voltage power supply comprising a 12V lead-acid battery and a 48V lithium-ion battery, said Kühnetz at the 2nd 48V automotive power supply conference in Düsseldorf, Germany.

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