Volkswagen boosts electric vehicle production forecast for 2025

European carmaker Volkswagen electric vehicle strategy is playing itself out, with the carmaker’s electric offensive picking up speed, as planned. In September 2019, VW unveiled its new all-electric ID.3 and in November production commenced at its Zwickau electric vehicle plant. With this major milestone under its belt, the Volkswagen brand is set to play a…

Renaul-Nissan-Mitsubishi reboots alliance eyeing emerging electric vehicle market

Renault, Nissan and Mitsubishi plan on appointing a general secretary at the helm of their alliance in order to reboot the partnership and boost operations. Renault is in the process of repairing its relationship with its Japanese partners following allegations of financial misconduct its earlier chairman. “This alliance executive will be key for coordinating and…

China’s biggest lead producer Henan Yuguang Gold and Lead eyeing battery production

In a strategic move Henan Yuguang Gold and Lead is studying plans on setting up a lead-acid battery production line as part of a downstream expansion. Company officials from Henan Yuguang Gold and Lead, China’s largest lead producer stated, the company plans on setting up a lead-acid battery production line as part of a downstream…

Shell launches EV charging stations in Singapore

This is the first such development in Southeast Asia. Clean energy solutions have finally arrived. On Monday, in a first such development in Southeast Asia, Royal Dutch Shell stated, it has launched electric vehicle chargers at petrol stations in Singapore. The electric vehicle charging service, branded as ‘Shell Recharge’, will be available at ten Shell…

French carmaker enters into a joint venture with China’s Jiangling Motors Corporation Group

Renault move is aimed at tapping China’s growing electric vehicles market. In a deal which sees French carmaker Renault taking a 50% stake, the carmaker has formed a joint venture partnership with China’s Jiangling Motors Corporation Group (JMCG) to target the Chinese electric vehicles (EV) market. In a statement Renault said, it would increase its…

5 Japanese automakers join SoftBank-Toyota’s self-driving car JV

The development is significant since it marks an acceleration in the banding of automakers in an industry which is placing growing emphasis on offering vehicle services rather than selling cars to individual drivers. On Friday, five Japanese automakers including Mazda Motor Corp and Suzuki Motor Corp, stated they would be investing 2% of their revenues…

Panasonic likely to upgrade Japanese battery cell production plants to 2170 cells by March 2020

The development comes in the wake of Elon Musk, Tesla’s CEO, tweeting that Panasonic has been a constraint on Tesla’s production of the Model 3 since July 2018. Against the installed capacity of 35 GWh at Tesla’s Gigafactory at Nevada, Panasonic has operationalized only 24 GWh. On Thursday, as per a source familiar with the…