BYD plans battery production for third parties
Chinese manufacturer BYD has to face its revenues going down as the country’s government reduces EV subsidies and more and more players are entering the EV market. That’s why the carmaker intends to focus more on its battery business, Reuters has learnt. Continue reading
Akasol to produce batteries for electric utility vehicles
German manufacturer Akasol has opened a battery plant with a potential production output of 600 MWh annually in Langen, close to its headquarters in Darmstadt. The company says it will be capable of manufacturing storage systems for up to 3,000 electric buses per year. All in all, Akasol invested 10m euros into the implementation of its semi-automatic production line.
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Eurabus to bet on BMZ batteries
The BMZ Group (Germany) and Eurabus have signed a long-term master agreement with a volume of 150m euros. The contract includes the supply of more than 1,000 battery systems for electric buses within the next two to three years. Continue reading