PHOTO CAPTION: Volkswagen e-Up! electric car scheduled for 2013 launch

VW, Varta Form Electric Car Battery Joint Venture

Goal is to develop lithium-ion batteries that are competitive technologically and in price.

Published: 27-Sep-2009

FRANKFURT (Reuters) - Volkswagen is setting up a joint venture with Varta Microbattery GmbH to develop more powerful batteries for use in electric cars, Europe's biggest carmaker said on Friday.

It said the project aims to undertake research and development of lithium-ions battery that would be more competitive in terms of technology and price.

The four-year project still needed approval by the German Cartel Office.


Renault Nissan Alliance CEO Carlos Ghosn poses with Renault ZE electric concept car

Industry executives acknowledge that uncertainties linger over the batteries needed to power them.

Aptera Typ-1 electric car would use 10kWh battery pack.

Just one mine has enough lithium carbonate to produce the cells for almost 800 million 10kWh (Aptera-sized) battery packs. Pictured is Aptera Typ1.

BMW 7 Series ActiveHybrid

The joint ohnson Controls-Saft venture will manufacture the lithium on batteries at their factory in Nersac, France.


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