Continental take over: German company fully acquired its British joint venture partner Zytek Automotive. The two companies have been working together on electric and hybrid drivetrains and will continue to do so with Zytek now operating as part of the Continental Engineering Services (CES) in the UK.
New battery joint venture: Currently, BASF is in negotiations to join forces with Toda Kogyo, a specialist for cathode materials. The focus is on production, marketing and sales of active cathode materials (CAM) used in li-ion batteries in Japan.
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VW’s modular platform: Most plug-in hybrid electric vehicles of Volkswagen are based on the same modular toolkit called MQB. Now technical details emerged and have been avidly summarised by our colleagues over at Green Car Congress.
16 million dollars are left as loans in the Advanced Technology Vehicles Manufacturing (ATVM) programme of the U.S. DoE. The scheme which has already supported company’s such as Fisker and Tesla has now been improved to include part makers and has received a simplified application processes.