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Porsche invests in high-performance battery JV Cellforce; Si anodes; BASF NCM cathode materials

Green Car Congress

Porsche is investing a high double-digit-million amount in its new joint venture company Cellforce Group GmbH. Porsche and joint venture partner Customcells, a spin-off from Fraunhofer, also announced the launch of production of high-performance battery cells at Porsche’s Weissach Development Center.

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THINK Restarts Production of EVs in Finland

Green Car Congress

THINK, the Scandinavian electric vehicle (EV) maker, has re-started production of the THINK City—one of the first urban EVs—at a new facility with manufacturing partner Valmet Automotive in Uusikaupunki, Finland. Valmet Automotive also produces Garia and Fisker alternative-fuel vehicles as well as Porsche AG’s Boxster and Cayman.

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Chinese battery company takes 22% stake in Valmet Automotive; strategic partnership for EVs

Green Car Congress

China-based Contemporary Amperex Technology Limited (CATL), a leading global provider of battery and energy storage solutions, has taken a 22% stake in Finland-based Valmet Automotive as part of a new strategic partnership in electric automotive solutions. At the end of 2016, CATL employed more than 10,000 employees worldwide.

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Europe’s Most Financed Luxury Car Brand

EV Info

Latest research from Specialist Car Finance Experts, Forza Finance , has revealed that BMW is the most popular luxury car brand to finance in 16 of Europe’s 44 countries including the UK & Ireland based on finance rather than sales or units. This help to show that BMW is more of a bank than a car company.

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Volkswagen ID.4 Is Mopping Up In Europe In April — Chart

CleanTechnica EVs

3 seems like it just hit the market, but the attention has already shifted to the Volkswagen ID.4, We publish monthly plugin electric vehicle sales reports for several European countries and Europe […]. The Volkswagen ID.3 4, and that’s because the ID.4

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THINK Selects Indiana for Think City EV Assembly

Green Car Congress

European production of the THINK City is already underway in Finland with manufacturing partner Valmet Automotive, which also assembles the Porsche Boxster and Cayman models for Porsche AG.