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Top 10 EV battery manufacturers all Asian companies; China accounts for 56% of market, Korea 26% and Japan 10%

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The top 10 global producers of Li-ion batteries for electric vehicles are all Asian companies, according to an analysis posted on the Visual Capitalist. Chinese companies make up 56% of the EV battery market, followed by Korean companies (26%) and Japanese manufacturers (10%).

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Toyota Motor Manufacturing Turkey to become Toyota’s first European plant to produce plug-in-hybrid vehicles and batteries

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The second-generation Toyota C-HR will be produced at Toyota Motor Manufacturing Turkey (TMMT) in Sakarya—about 150 km east of Istanbul. In addition, TMMT will be Toyota’s first European plant to start producing plug-in hybrid vehicles, and the first to be equipped with a battery production line. market share.

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All Audi production sites will manufacture all-electric vehicles by 2029

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As of 2026, Audi will only launch all-electric models onto the global market, gradually phasing out production of its combustion models by 2033. Two sites, Böllinger Höfe and Brussels, are already producing all-electric vehicles. In 2029, all production sites will be producing at least one all-electric vehicle model.

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Siemens to expand EV charging manufacturing in US to support rapid market growth

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Siemens will invest and expand the company’s US manufacturing operations to support electric vehicle infrastructure in America. The company will bolster its existing manufacturing footprint of EV infrastructure with the VersiCharge Level 2 AC series product line of commercial and residential EV chargers.

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Ford to invest C$1.8 billion in Oakville complex for EV manufacturing in Canada

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billion) in its Oakville Assembly Complex to transform it into a high-volume hub of electric vehicle manufacturing in Canada. The campus, to be renamed Oakville Electric Vehicle Complex, will begin to retool and modernize in the second quarter of 2024 to prepare for production of next-generation EVs. billion (US$1.3

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onsemi and Magna sign strategic agreements, invest in SiC manufacturing for growing EV market

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By integrating onsemi’s industry-leading EliteSiC MOSFET technology, Magna eDrive systems can offer better cooling performance and faster acceleration and charging rates, improving efficiency and increasing the range of electric vehicles (EVs).

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ROUSH CleanTech enters EV market with Class 6 electric vehicles

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ROUSH CleanTech, known for its advanced clean transportation solutions, is entering the electric truck market. ROUSH is providing Penske Truck Leasing with all-new Ford F-650 battery electric vehicles later this year for deployment across Southern California. Production of the electric trucks starts in summer of 2021.