article thumbnail

Honda to purchase 123 GWh of batteries from CATL for EVs in China from 2024 through 2030

Green Car Congress

Leading China-based battery manufacturer Contemporary Amperex Technology Co., Limited (CATL) and Honda Motor (China) Investment Co., announced that from 2024 through 2030, Honda will purchase 123 GWh of batteries for pure electric vehicles in China from CATL. Earlier post.).

Honda 334
article thumbnail

NIO launches Battery as a Service (BaaS) in China; battery swap system

Green Car Congress

Premium EV manufacturer NIO has launched Battery as a Service (BaaS) for customers in China. NIO BaaS users can purchase a car without the battery, making EVs more price competitive against existing powertrains, while also providing the flexibility to change battery capacity depending on their needs and pay accordingly.

China 508
article thumbnail

Volkswagen Group investing ~€1B in vehicles and components, purchasing center in Hefei; shortening development time by 30%

Green Car Congress

The new company, with the project name ‘100%TechCo’, combines vehicles and components R&D teams with purchasing. For R&D activities, 100%TechCo will not only bundle research and development for vehicles and components in China, for China, but also merge procurement into a joint unit.

Purchase 186
article thumbnail

BMW Group extends joint venture contract in China until 2040

Green Car Congress

BMW Group now holds 75% of the shares in BBA, while its Chinese partner, Brilliance China Automotive Holdings Ltd. It will also be used to manufacture additional fully electric models in China. Founded in 2003 with Chinese partner Brilliance China Automotive Holdings Ltd. CBA), indirectly holds the remaining 25%. against 2020).

BMW 335
article thumbnail

IDTechEx: Nio spearheading battery swapping expansion beyond China

Green Car Congress

There are also other companies in China that offer models with battery swap support, but for the taxi market. Nio has 1071 swap stations in China as of August 2022 but is gearing up to expand its sales and swap station facilities across Europe. Swapping to become more efficient by using smaller batteries.

China 434
article thumbnail

Ballard receives $7.7M MEA order from Synergy JV in China

Green Car Congress

million purchase order for membrane electrode assemblies (MEAs) for use in manufacturing FCvelocity-9SSL fuel cell stacks from Guangdong Synergy Ballard Hydrogen Power Co., Synergy) in the city of Yunfu in China’s Guangdong Province. Ballard Power Systems has received a $7.7-million

China 243
article thumbnail

Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

Green Car Congress

Widely ignored, although gaining attention, is China’s strategic positioning as a crucial gatekeeper to several key “green” technologies, including battery energy storage to support electric vehicles (EVs)—specifically, battery electric vehicles (BEVs)—along with stationary storage for power grids.

China 416