Tag: Joint Venture

Jan 18, 2021 - 05:03 pm

Audi reveals more on EV joint venture with FAW

The electric car joint venture between Audi and FAW in China, which was officially announced in October 2020, is becoming more concrete: The future company will be 60 per cent owned by Audi AG and Volkswagen Group China and 40 per cent by FAW and will be based in Changchun in north-eastern China.

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Jan 13, 2021 - 04:54 pm

Foxconn & Geely launch EV manufacturing partnership

Long-time Apple supplier Foxconn and Chinese automaker Geely are entering into a partnership. With the planned joint venture, in which both partners will each hold half of the shares, Geely and Foxconn intend to offer contract manufacturing and consulting services in electric mobility.

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Dec 29, 2020 - 01:21 pm

LG Electronics & Magna start EV joint venture

LG Electronics and Magna have announced a joint venture to manufacture electric motors, inverters and onboard chargers. The joint venture, tentatively named ‘LG Magna e-Powertrain,’ will also manufacture complete electric drive systems for automobile manufacturers.

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Dec 18, 2020 - 02:04 pm

Toyota & Caetano to build fuel cell buses in Europe

Toyota will become a shareholder in Portuguese bus manufacturer CaetanoBus and passenger car financial services provider Finlog through its existing joint venture Toyota Caetano Portugal (TCAP). Through the new alliance, Toyota is entering the development, production and sales of fuel cell buses.

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Dec 17, 2020 - 12:18 pm

Next.e.GO Mobile ready for production in 2021

e.GO Mobile plans to start production at its main plant in Germany in early 2021 after relaunching under the name Next.e.GO Mobile. The Aachen-based electric car manufacturer has also signed an agreement with the Greek government to set up a second series production facility.

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Dec 14, 2020 - 12:55 pm

Mercedes reveals production locations for EQ ramp up

Mercedes-Benz is now providing a comprehensive overview of the production sites for its electric offensive for the EQ brand. Production of the EQA at the Rastatt plant in Germany among others has already started ahead of the model’s world premiere on 20 January 2021.

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Dec 8, 2020 - 12:07 pm

VW takes majority stake in joint venture with JAC

Volkswagen has now taken over the majority stake of the joint venture with JAC with 75 per cent, which also means management control. The company was immediately renamed from JAC Volkswagen to Volkswagen (Anhui) Automotive Company Limited since an eMobility hub is to be established in Anhui Province.

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Dec 1, 2020 - 07:55 pm

Kion Battery Systems starts production in Germany

Kion Battery Systems, the joint venture announced in the summer of 2019 between the intralogistics provider Kion Group and the battery manufacturer BMZ Holding, has now started production of lithium-ion batteries for industrial trucks in Karlstein, Germany.

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Nov 24, 2020 - 05:34 pm

Hyundai presents new Mistra sedan in China

At the Guangzhou Motor Show, Hyundai has unveiled the next version of the Mistra compact sedan, which will be available for the first time as a purely electric version. The model has been marketed exclusively in China since 2013 and is built by Beijing Hyundai, a joint venture between BAIC Motor and Hyundai.

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Nov 23, 2020 - 11:02 am

Nissan & Dongfeng announce 17 EVs by 2023

Dongfeng Motor Company Limited (DFL), the Chinese joint venture of Dongfeng and Nissan, plans to introduce at least 17 electrified models of the Dongfeng, Nissan, Venucia and Infiniti brands by 2023.

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Nov 18, 2020 - 04:22 pm

Panasonic looks to Norway for European battery production

Panasonic has signed a memorandum of understanding (MoU) with the energy company Equinor and the industrial group Norsk Hydro to explore the possibilities for building a “sustainable and cost-effective European battery business” for electric vehicles, likely in Norway.

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Nov 12, 2020 - 07:21 pm

FCA Italy & Engie EPS consider joint venture

FCA Italy and Engie EPS have signed a Memorandum of Understanding to create a joint venture in the field of e-mobility. The focus will be on energy and charging infrastructure solutions and services for the private, commercial and public sectors.

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Nov 9, 2020 - 04:41 pm

Traton takes over Navistar/ Expands in North America

Traton’s expansion into the North American market now finds itself on the home stretch: The Volkswagen commercial vehicle subsidiary has just signed a binding takeover agreement with the US commercial vehicle manufacturer Navistar. The transaction is expected to be completed in mid-2021.

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Nov 5, 2020 - 02:09 pm

VW presents two ID.4 versions for China

VW has now officially presented the two versions of the ID.4 made for the Chinese market. The ID.4 X is the version of the electric SUV developed for SAIC-VW, while the ID.4 Crozz is the counterpart of FAW-VW.

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Nov 2, 2020 - 12:24 pm

Nio: New battery for 900km of range & European launch

According to founder William Li Bin, the Chinese electric car manufacturer Nio is currently working on a battery pack with a capacity of 150 kWh, which should enable ranges of over 900 kilometres. Besides, the plans for a European launch in 2021 may become concrete.

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Oct 29, 2020 - 01:24 pm

ElringKlinger & Plastic Omnium launch FC joint venture

ElringKlinger and Plastic Omnium are joining forces in fuel cell technology to accelerate the development of hydrogen mobility. To achieve this goal, the two companies will establish the EKPO Fuel Cell Technologies joint venture for the development, large-scale production and marketing of fuel cell stacks.

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Oct 28, 2020 - 03:16 pm

Prime Planet to increase cell production efficiency

Prime Planet Energy & Solutions, the battery joint venture between Toyota and Panasonic founded in April 2020, aims to increase the efficiency of its development and production processes tenfold in order to better compete with larger Chinese competitors.

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Oct 27, 2020 - 01:43 pm

TÜV & ConAC to open test lab for EV batteries

The German certification service provider TÜV Rheinland and the Aachen-based start-up ConAC have announced a test laboratory for electric car drive batteries. The laboratory, which is to become one of the “largest and most modern independent battery test centres in Europe”, is scheduled to start operations in September 2021 in the German-Dutch industrial park Avantis.

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Oct 27, 2020 - 12:09 pm

VW launches ID.4 X production in China

VW has started production of MEB-based EVs at its SAIC-operated plant in Anting near Shanghai with the production of the ID.4 X. The ID.4 Crozz, the counterpart of the other China joint venture with FAW, is to follow in a few weeks.

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Oct 14, 2020 - 05:58 pm

ABB & DREEV present 11 kW bidirectional charger

ABB offers a new 11-kW bidirectional charging station specially designed for Vehicle-to-Grid in partnership with French company DREEV, a joint venture between EDF and Nuvve. The first target market is France, followed by the UK, Italy, Belgium and Germany.

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Oct 14, 2020 - 03:40 pm

Battery joint venture taking shape in Indonesia

Several state-owned Indonesian companies are planning a joint venture for batteries for electric vehicles. The joint venture, called Indonesia Battery Holding, is to contribute to the development of the entire industry.

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Oct 13, 2020 - 12:55 pm

Audi & FAW sign MoU on EV joint venture

Audi and FAW have signed a Memorandum of Understanding for the joint production of electric vehicles based on the PPE platform, which Audi developed with Porsche. With FAW, the German Volkswagen brand wants to produce several purely electric Audi models for the Chinese market from 2024.

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Oct 7, 2020 - 02:16 pm

Prime Planet to make batteries for hybrids from 2022

The battery joint venture between Toyota and Panasonic, Prime Planet Energy & Solutions, is building up capacity to produce batteries for hybrid vehicles. The joint venture is installing a production line for prismatic lithium-ion batteries.

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Oct 1, 2020 - 01:18 pm

Buick brings first Ultium concept to Beijing

In China, Buick presented the all-electric concept car Electra, which provides an outlook on the electric future of the General Motors brand. The crossover model uses GM’s new electric platform with an ‘Ultium’ battery.

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Found on electrive.com
https://www.electrive.com/2021/01/18/audi-reveals-new-details-about-ev-joint-venture-with-faw/
18.01.2021 17:11