Demand for electric vehicles is soon expected to outpace the ramp-up of battery cell production. Accelerating the build-out of battery cell gigafactories can help the industry stay on course. As electric vehicle (EV)1 sales continue to gain market share, the demand for batteries is ramping up with 30 percent year-over-year growth around the world, reaching […]
The two countries have earmarked 1.7 billion euros ($1.9 billion) to support company alliances to help reduce European carmakers’ dependence on Asian suppliers France and Germany have asked the European Commission to approve state subsidies for a cross-border battery cell consortium including carmaker PSA with its German subsidiary Opel and French battery maker Saft, a […]