Volkswagen is setting up a new battery systems plant for electric vehicles in Hefei, eastern China, which will be ready for production in 2023.

By 2025, the automaker is investing more than € 140 million in its joint venture with state-owned JAC to produce 150,000-180,000 battery systems for electric vehicles annually. Volkswagen also owns a stake in battery manufacturer Gotion.

Previously, Volkswagen said that in the next decade, of its planned 22 million electric vehicles, more than half will be produced and sold in China. Before the end of the year, production starts at Byton and Tesla factories, and here we do not mention the production of several brands of electric vehicles outsourced. Previously, Volkswagen said that in the next decade, of its planned 22 million electric vehicles, more than half will be produced and sold in China. By the end of the year, production starts at Byton and Tesla factories, and here we do not mention the production of several brands of electric vehicles for outsourcing.

Already the first years of the next decade will be the time when electric vehicles will firmly take the mainstream, and, therefore, will require the same growth of the necessary infrastructure.

Germany is likely to decide by the end of the year how much government assistance US electric vehicle maker Tesla will receive for its planned battery cell plant near Berlin, an economy ministry spokesman said Sunday.

The European Union in January approved a plan that includes government assistance to Tesla, BMW and others to support the production of batteries for electric vehicles and help the block reduce imports from China, an industry leader. The EU approval of the €2.9 billion (US $3.45 billion) European Battery Innovation project, involving more than 40 companies, follows the launch of the European Battery Union in 2017 to support the industry in its transition from fossil fuels.

The German Economy Ministry estimates that Tesla plans to invest 5 billion euros in its battery plant in Grünheide, near Berlin, to complement its nearly finished electric vehicle plant at the same location. The unusually high investment volume means the American carmaker can count on German government subsidies of €1.14 billion, the Tagesspiegel newspaper reported Sunday. This is consistent with a February Business Insider report, which said Tesla will receive at least €1 billion in government funding from Germany to open a battery factory near Berlin.

Source: World-Signals News

The Ford F150 Lightning electric pickup truck already has 130,000 orders and is a great success for the company.
Ford announced that the number of pre-orders for the F150 Lightning electric pickup reached 130,000. Recall that on the first day after the announcement of the new product, 20,000 orders were collected, on the first day - 44,000 already. By the end of July, the number of pre-orders was 120,000. , and in August it increased by another 10,000. Compared to the Tesla Cybertuck, this is, of course, minuscule, but for Ford this level of pre-orders is a great success. And that's why.

The fact is that the company's production capacity is limited. Mass production of the Ford F150 Lightning will begin in the middle of next year, but the company plans to produce only 15,000 electric pickups by the end of 2022. The 2023 target is already bigger, but still small: 55,000 vehicles. 80,000 F150 Lightning is slated for release in 2024. It turns out that the current volume of pre-orders practically covers the entire production plan for two and a half years in advance. In 2025 alone, production of Ford's electric pickup trucks will increase significantly - to 160,000 a year, but by then the company should have already unveiled the second generation of the F150 Lightning.

Source: World-Signals News