Robert Besser
28 Feb 2025, 10:49 GMT+10
WOLFSBURG, Germany: Volkswagen is strengthening its push into China's electric vehicle (EV) sector by partnering with CATL, the world's largest battery manufacturer, to develop next-generation lithium batteries tailored for the region.
The collaboration aims to enhance battery performance and cost efficiency for Volkswagen's electrified models in China, the German automaker's key market.
A Volkswagen spokesperson confirmed that the companies have signed a statement of intent to create "bespoke batteries with higher performance and more efficient cost structures for specific models in the Chinese market."
Beyond battery development, Volkswagen and CATL plan to expand their partnership into other areas of electrification. According to CATL, future collaborations will include battery recycling initiatives and vehicle-to-grid technology, which allows energy from EVs to be transferred back into the power grid.
Get a daily dose of Cleveland Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Cleveland Star.
More InformationWASHINGTON, D.C.: U.S. officials are considering new measures to block China's DeepSeek from acquiring American technology, according...
TOKYO, Japan: Toyota is weighing plans to build the next-generation RAV4 SUV in the United States, according to three people familiar...
WASHINGTON, D.C.: Ford is recalling more than 148,000 vehicles across two safety campaigns, according to a notice issued by the National...
NEW YORK CITY, New York: Archer Aviation has announced plans to start an air-taxi service in New York City, working with United Airlines....
TAIPEI, Taiwan: Taiwan's TSMC reported stronger-than-expected first-quarter earnings on Thursday, driven by booming demand for AI-related...
LONDON - Google is facing a multibillion-pound legal challenge in the UK over allegations it misused its dominance in online search...
WASHINGTON, D.C.: Ford is recalling more than 148,000 vehicles across two safety campaigns, according to a notice issued by the National...
WASHINGTON, DC - A Trump administration early retirement plan at the Internal Revenue Service has been accepted by more than 22,000...
(Photo credit: Daniel Kucin Jr.-Imagn Images) Ramon Laureano homered twice Saturday in a game he wasn't expected to be so involved...
(Photo credit: Daniel Kucin Jr.-Imagn Images) Ramon Laureano homered twice Saturday in a game he wasn't expected to be so involved...
(Photo credit: Charles LeClaire-Imagn Images) Steven Kwan went 2-for-4 with an RBI and Kyle Manzardo hit a rare home run off Pirates...
(Photo credit: Troy Taormina-Imagn Images) Houston Astros rookie right fielder Cam Smith will remain under a microscope for the foreseeable...