#Battery
From battery management to cell production and recycling – the Volkswagen Group is evolving into a profitable expert throughout the entire lifecycle of the key component, the battery. In the process, battery-cell technology will become one of the company’s core areas of expertise. You will find additional information here.
24 contents with this tag
Press Release
Volkswagen and PowerCo Make Strategic Investment in North American Lithium Company Patriot Battery Metals
PowerCo SE, Volkswagen Group’s battery company, and Patriot Battery Metals Inc. (TSX: PMET | ASX: PMT | OTCQX: PMETF | FSE: R9GA) today announced they have entered into a strategic partnership. This is the first investment for PowerCo and Volkswagen in the lithium supply chain, underlining PowerCo’s ambition to execute on its vertical integration strategy – from mine to battery. The partnership ensures the long-term supply of lithium raw materials through a binding offtake commitment. Additionally, the companies will jointly explore further strategic opportunities such as a downstream lithium supply chain with a focus on cost competitiveness, high ESG standards and long-term security.
Press Release
Green energy for Gigafactory Salzgitter
PowerCo SE relies on climate-friendly electricity for the operation of its cell factories. For the Salzgitter gigafactory, it has now concluded the first long-term purchase agreements with the green energy producers Alterric and EnviTec Biogas AG. From 2025, they will supply around 240 gigawatt hours per year from wind power (Alterric) and around 65 gigawatt hours from solar energy (EnviTec Biogas AG). Over the entire term of ten years, this will result in a total of 3 terawatt hours of green electricity, which will be used to operate the Salzgitter gigafactory.
Press Release
PowerCo and QuantumScape Announce Landmark Agreement to Industrialize Solid-State Batteries
Volkswagen Group’s battery company PowerCo and QuantumScape (NYSE: QS) today announced they have entered into a groundbreaking agreement to industrialize QuantumScape’s next-generation solid-state lithium-metal battery technology. Upon satisfactory technical progress and certain royalty payments, QuantumScape will grant PowerCo the license to mass produce battery cells based on QuantumScape’s technology platform.
Press Release
Volkswagen and Mahindra sign supply agreement
Volkswagen Group and Mahindra & Mahindra Ltd. (M&M) have signed the first supply agreement on components of Volkswagen´s MEB for Mahindra’s purpose-built electric platform INGLO, taking a definitive step further on their joint vision for e-mobility collaboration. The deal covers the supply of certain electric components as well as unified cells. With the agreement, Volkswagen and Mahindra are further deepening their collaboration which started with a partnering agreement and a term sheet in 2022. Both companies will continue to evaluate a potential expansion of the collaboration.
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Volkswagen Group Technology
Group Technology is made up of the four divisions Battery, Charging & Energy, Components and Platform Business.
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Strategy
With the Group strategy NEW AUTO – Mobility for generations to come, we are preparing ourselves for the global changes in mobility and thus playing a substantial role in driving Volkswagen’s transformation into a software-oriented company.
Press Release
PowerCo confirms results: QuantumScape’s solid-state cell passes first endurance test
The solid-state cell is considered a technology of the future and the next big step in battery development. The technology promises longer ranges, shorter charging times and maximum safety. The U.S. company QuantumScape has recently reached an important milestone, which was now confirmed by PowerCo: its solid-state cell has significantly exceeded the requirements in the A-sample test and successfully completed more than 1,000 charging cycles. For an electric car with a WLTP range of 500-600 kilometres, this corresponds to a total mileage of more than half a million kilometres. At the same time, the cell barely aged and still had 95 percent of its capacity (or discharge energy retention) at the end of the test. The tests, which ran for several months, were carried out in PowerCo's battery laboratories in Salzgitter
Press Release
Volkswagen-backed PowerCo SE reaches significant milestone in St. Thomas gigafactory project
Volkswagen Group-owned battery company PowerCo SE steps up its activities in Canada. Ramping up its cell production activities in Europe and North America, the site of its future cell gigafactory in St. Thomas, Ontario, is now prepared for groundbreaking and start of construction in 2024. Sebastian Wolf, Chief Operations Officer of PowerCo SE, said at an event on site: “We are fully on track. Site preparation, the first phase of Gigafactory St. Thomas, has been completed. We are now ready for the next stage on our path to the sustainable and responsible production of battery cells. PowerCo will be a reliable partner for the people in St. Thomas and Ontario.”
Article
Cleverly manage your own electricity: First ID. models support bidirectional charging
From now on, many models in the ID. Family now offer bidirectional charging with the "Vehicle to Home" function. With a home power station and the integrated Home Energy Management System (HEMS) from Volkswagen partner HagerEnergy GmbH, customers can cover as much of their household consumption as possible with their photovoltaic system. Both companies have launched a pilot project in Sweden in which an entire housing estate is being supplied with vehicles and the corresponding charging infrastructure.
Press Release
Elli launches pan-European charging solution for electric fleets
Volkswagen Group brand Elli is launching an intelligent
solution across Europe for electric vehicle fleets. With Elli Fleet Charging, companies in
Germany, Italy, Spain, and Austria are now able to manage and cost-optimize their fleet
charging. After a market introduction phase lasting several months, over 650 German
companies and fleet managers are already successfully using Elli’s product.
Article
TRATON GROUP unveils new service to boost charging for electric trucks
October 18, 2023 – The TRATON GROUP has established TRATON Charging Solutions to accelerate access to charging locations for its brands’ customers and facilitate the transition of their fleets to battery electric commercial vehicles. TRATON Charging Solutions is a new service entity of the TRATON GROUP dedicated to simplifying electric commercial transport. It offers a range of capabilities, including contracting, invoicing, route planning, and utilization insights, to ensure a seamless charging experience for electric commercial vehicle operators.
Press Release
New European battery materials player IONWAY locates first production plant in Nysa, Poland
The newly-founded Brussels-based European EV battery materials producer IONWAY has chosen to build its first CAM production plant in Nysa, Poland, adjacent to Umicore’s existing CAM plant. The JV, backed by Volkswagen Group-owned PowerCo SE and Umicore, is scaling up the EU footprint in the e-mobility business with the ambition to grow its annual production capacity to 160 GWh p.a. by the end of the decade, corresponding to 2.2 m battery-electric vehicle, based on market developments. IONWAY will thus help the European Union achieve its Green Deal ambitions by accelerating the establishment of regional, sustainable, and transparent battery value chains.
Press Release
PowerCo and Umicore set up pre-eminent new European battery materials player
Umicore and Volkswagen Group-backed battery company PowerCo have announced the name and branding of their first-of-its kind cooperation. Their Brussels-headquartered joint venture for large-scale industrial production of CAM and pCAM in Europe will bear the name IONWAY. Both parents aim to grow IONWAY’s annual production capacity to 160 GWh p.a. by the end of the decade, corresponding to 2.2 m battery-electric vehicles.
Press Release
Volkswagen Group taps into new profit pools with sustainable mobility
The Volkswagen Group has made decisive progress in its four industry-leading technology platforms. It is also tapping into highly attractive additional profit pools as part of its transformation from legacy automaker to integrated mobility provider by further expanding its sustainable mobility business. At the Group's press conference at IAA Mobility in Munich, CEO Oliver Blume said: "We are making good progress. And faster than planned. We have reached numerous milestones, set important strategic directions and achieved joint successes. We are systematically driving forward the transformation along our ten-point plan and consistently developing further attractive profit pools in the area of sustainable mobility."