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SK Innovation to end Li-ion JV with Continental due to slow demand growth for EVs

Green Car Congress

Yonhap News reported that SK Innovation Company will end the battery-pack joint venture with German partner Continental AG ( earlier post ) due to slow growth in demand for electric cars. Earlier post.). SK Innovation had a 51% stake while Continental owned 49%. billion won (US$13.87

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Perspective: Toyota Prius Recall Is Only a Bump in the Road in the Move Toward Electrification

Green Car Congress

Oil price and supply dependencies will continue the search for alternative fuel sources, and battery powered vehicles can have a significant impact on that equation. Finally, the cost of the hybrid/electric vehicles will come down significantly during the next 10 years, primarily by reducing the lithium-ion battery cost.

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Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

Tony Karrer Delicious EVdriven

the only companyselling hydrogen-powered cars to U.S. policy shifts to favor battery-powered autos. Honda has yet to announce plans to sell one, citing highcosts for the lithium-ion batteries needed to power them andpoor range. “We Oil prices are going to go up.

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Nissan’s Big Gamble

Revenge of the Electric Car

That bet takes shape at a new lithium ion battery plant and at an electric-vehicle assembly line that Nissan will build at its Smyrna, Tenn., Pricing isn’t set. Oil vs. electrons. Batteries are expensive. But Ghosn thinks rising oil prices will tilt the economics in favor of electrons.

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