German automobile manufacturer Volkswagen, is positioned as the brand that sells the most automobiles in the European market. The company manages to satisfy the users with its electric cars as well as the internal combustion models it offers to the market.
Volkswagen has long been EV models working on it. In order to develop its electric car range, the company announced new partnerships. Thanks to these partnerships, Volkswagen can add more electric cars to its product range.
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Volkswagen has made partnerships on electric vehicle batteries!
Volkswagen did not promise an electric car at the climate change conference held in recent months. The company, which reacted after this decision, said in its statement. by 2040 He said he would say goodbye to internal combustion engines. On top of that, the company started to increase the production of electric cars. with 3 companies announced that it has partnered on batteries for electric cars.
According to a statement made today, Volkswagen, materials technology group Umicore, battery specialist 24M Technologies and engaged in brine lithium extraction in Germany Vulcan Energy partnered with companies. Volkswagen has partnered with Umicore to supply the Cathode material, which is the building block of lithium-ion batteries, to the European battery cell factory.
Volkswagen, the battery company 24M TechnologiesHe said that he invested in . to develop a semi-solid electrode battery. The size of the investment was not disclosed by the company. The last partnership is with the Vulcan company. Vulcan The agreement with the company is about carbon neutral lithium sourced from Germany. The company says that brine extraction of lithium is much more environmentally friendly than the traditional method.
Accordingly, they said they could extract carbon neutral lithium in a renewable energy facility. The company will supply Volkswagen with lithium hydroxide for 5 years starting from 2026. These 3 partnerships are the company’s plans for electric cars. 30 billion euro investment plan is in. Volkswagen aims to establish six battery factories with a production capacity of 240 gigawatt-hours within 10 years.
Other manufacturers are making deals too!
Apart from Volkswagen, other automobile manufacturers are also investing in batteries. Recently, General Motors in 2024 North America announced that it had signed an agreement with South Korea’s POSCO Chemical to produce the cathode material. Likewise, Stellantis signed an agreement with the Vulcan company regarding the purchase of the lithium mine.
Thanks to these agreements, it is thought that global battery production will develop further. So, what are your thoughts? What do you think electric cars does it make sense? Do not forget to leave your comments and opinions below.