Peugeot SA plans on launching EVs in the U.S.

Having acquired Opel from GM, Peugeot SA is now banking on the expertise of Opel’s engineers to surge back in the race of automated, autonomous self-driving vehicles. In a significant development, Carlos Tavares, the CEO of French automaker Peugeot SA disclosed that it will capitalize on Opel’s engineering know-how to develop electric vehicles and re-enter…

Panasonic & Toyota toying with the idea of joint development of batteries for EVs

The move could extend Panasonic’s lead as the world’s biggest producer of lithium-ion batteries, a key component for tomorrow’s electric vehicles. On Wednesday, a joint statement by Toyota Motor Corp and Panasonic Corp said, the duo are considering a joint development of batteries for electric vehicles. The strategic move could potentially aid Panasonic maintain and…

Toyota to remain invested in hydrogen fuel cell technology

Toyota believes hydrogen powered fuel cells technology is cleaner than its current alternative electric battery powered technology. Toyota Motor Corp has stated despite its “game changer” solid-state battery technology, currently under development, it will not give up on its hydrogen-powered fuel-cell vehicles. Toyota has invested for fuel-cell battery technology vehicles and plug-in hybrids since many…