• News aggregator on electric cars and electric vehicles (cars, motorcycles, boats, planes).

VW to take over 25% of 24M Technologies

24m-technologies-symbolbildVolkswagen and the US battery start-up 24M Technologies have concluded their announced strategic partnership. The German carmaker is taking a stake in 24M and will have access to 24M’s SemiSolid technology for the next generation of its lithium-ion batteries. Volkswagen had announced three strategic partnerships in the battery sector in December 2021 – in addition […] More…

Bosch & VW look to establish battery venture

The Volkswagen Group and Bosch want to examine the establishment of a European supplier to equip battery cell factories. This does not involve joint production of battery cells, but rather the development and construction of production facilities with which battery cells are manufactured. Both companies plan to supply integrated battery production systems and to support […] More…

Reliance takes over Faradion for £100 million

The British sodium-ion battery technology company Faradion has been bought up by Reliance New Energy Solar (RNES), a wholly-owned subsidiary of Reliance Industries. Reliance is to acquire 100% shareholding of Faradion for £100 million. In addition, RNES will also invest £25 million as growth capital to accelerate commercial rollout. While the parent company Reliance Industries […] More…