Automotive And Transportation
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Volkswagen, as an example, is planning 240 gigawatt hours of battery capacity. That might cost $24 billion and be enough to produce 2.4 million to 4.8 million vehicles.
Volkswagen, Audi Say Three 3 Million Customers’ Information Exposed In North America
“We proceed to see JVs and partnerships between auto makers and battery companies,” Spak. The output from a JV battery plant is dedicated for one auto maker—and the capital required to build the plant is shared, decreasing the car firm’s cost burden for the car company and leveraging the battery maker’s technological experience. With the upper capacity, EVs would likely be more than 50% of Ford’s total sales—an aggressive goal but not unusual within the auto business. So they’re scrambling to control their very own destinies by coming along with battery … Read More
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