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Wednesday 26 January 2022
Toyota's market capitalization tops JPY 40 trillion for first time
Toyota's market capitalization exceeded JPY 40 trillion (US$351 billion) for the first time on January 18, though temporarily. The number is about 60% higher than its market capitalization...
Monday 24 January 2022
Bosch and Volkswagen to industrialize equipment for battery-cell production
The Bosch Group and the Volkswagen Group have signed a memorandum of understanding, agreeing to explore the possibility of establishing a European battery equipment solution provid...
Thursday 13 January 2022
Automakers take initiative to mitigate auto chip shortage
A chip shortage arising from the COVID-19 pandemic has slammed global carmakers, forcing them to seek solutions at the same time. As a result, some companies have considered or started...
Wednesday 12 January 2022
Carmakers working to be self-sufficient on EV battery
With the electric vehicle (EV) market continuing to grow, carmakers in Europe and the US have been building battery plants or partnering with battery manufacturers domestically. The...
Wednesday 22 December 2021
Volkswagen to establish a new company for EV battery production
Volkswagen (VW) took a step forward to gather momentum in electric vehicle (EV) production. The Europe-biggest carmaker will establish a European company to take charge of activities...
Tuesday 29 September 2009
Volkswagen L1 concept car shines with Osram LED systems
Osram's LED technology contributes to the energy efficiency of Volkswagen's L1 concept car presented at the Frankfurt International Motor Show (IAA). The vehicle, which according...