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Latest Market News and Media Coverage

6 / September 2019

Germany will support three company alliances with earmarked funds of 1 billion euros for the domestic production of battery cells in an effort to reduce carmakers’ dependence on Asian suppliers, Economy Minister Peter Altmaier told Reuters.

6 / September 2019

1.8 billion euros (14.1 billion yuan) from a previous plan of 240 million euros to expand output. READ MORE

19 / June 2019

Toyota Motor Corp aims to generate 50% of its worldwide sales from electric vehicles by 2025, five years ahead of schedule and is pushing Chinese battery manufacturers to ensure they meet the accelerated transition to electric vehicles.