Porsche AG sets up joint venture with Customcells for producing high performance batteries

In a statement, Volkswagen’s sports car unit Porsche AG said it is setting up a joint venture with Customcells to produce high-performance batteries which purportedly will significantly decrease battery charging times. The statement mentions that the partnership with Customcells, a company which specializes in producing lithium-ion cells, is aimed at producing car batteries with higher energy…

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…