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Bosch To Build Pilot Line to Make Lithium-Ion Batteries
Currently, lithium ion battery technology is dominated by Asian firms, in China, Japan and Korea. U.S. and European automakers are scrambling to increase their expertise in hybrid and electric vehicle technologies because of increasingly stringent government regulations that favor hybrid and electric vehicles. Continue reading
Stellantis, Samsung SDI JV for NA Battery Manufacturing
The latest Joint Venture for Lithium-Ion Battery Production in North America comes just days after Stellantis announced that it had entered with LG Energy Solution a memorandum of understanding to form a joint venture to produce battery cells and modules for North America. Thus the battery gold rush among major automakers continues with vast unknowns on how EVs will pan out among consumers. Continue reading →