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Japan’s Panasonic will begin producing its new lithium-ion battery for Tesla from as early as 2023, with plans to invest about 80 billion yen ($705 million) in production facilities in Japan, the Nikkei reported on Monday. The powerpack could help make…
Ford Motor expects to be the world’s second-largest electric vehicle manufacturer within two years, with an annual production capacity of nearly 600,000, a top company executive said Friday. The automaker’s optimism stems from the increasing demand for its…
In a bid to speed up its e-mobility drive, the German carmaker Porsche is reportedly planning to set up a factory to produce battery cells for electric vehicles. This plan was confirmed by the company’s CEO to a local German newspaper. The European carmakers…
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