19 December 2024
19 December 2024
Bigger players have been discounting heavily to buy market share, while smaller companies have struggled to keep up.
The spin-off proposal will be presented to the supervisory board in March 2025, with a decision to follow at the April 2025 shareholders' meeting.
VW is further developing its upstream supply chain strategy in EV batteries.
Hyundai Mobis has stepped up its efforts to strengthen its battery safety solutions operations in recent months.
Aims to have 10,000 outlets across China in the long-term.
First plant in China to produce BEVs based on the dedicated PPE platform.
The battery plant in India will have a 10GWh capacity, with JSW using around 70% for energy storage and EVs.
According to the new EU regulation, digital battery passport will be mandatory for all electric vehicle batteries by 18 February 2027.
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