Varta aims to charge the 21700 battery in six minutes
Varta CEO Herbert Schein has now confirmed the rumour that the company also wants to produce battery cells for electric cars in the future and revealed more details about the initiative. Production is scheduled to start in 2024 at the latest. Varta presented impressive performance data for the cells themselves and special applications.
Varta to launch EV battery production
The battery manufacturer Varta aims to get involved in the market for electric car battery cells in the future. Up to now, the German company has primarily produced batteries for household electronics but has been involved in cell research for some time.
Germany invests in battery research with Varta
Varta has now received funding positive decisions from the Germany federal government and the states of Bavaria and Baden-Württemberg concerning 300 million euros for projects involving battery cells. The subsidy was approved by the EU Commission in December 2019 and the decisions have now been sent to Varta.