Japanese carmaker Toyota is planning to team up with electronics giant Panasonic to develop batteries for e-mobility. The tie-up is part of a push to make up for lost time after Toyota initially bet on hydrogen for clean technology.
Toyota has picked the region of Silesia in southern Poland as the site for a new car factory. As Europe turns its back on diesel cars, the rush is on for electric and hybrid cars and Poland wants to be in on the action.
The world's largest automotive supplier has decided against producing its own battery cells despite calls from EU politicians to do exactly that. Bosch said the investment would probably never pay off.
US carmaker Tesla has announced a new sales record for the first quarter of the year. The company managed to bounce back from production problems a year ago and secure fresh foreign investment.
Despite ongoing issues emanating from the 2015 Dieselgate scandal, and existential concerns over the future of diesel itself, the Volkswagen Group sold more, made more and paid more in 2017 than ever before.
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