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CCloh
2021-08-18

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BMW secures funding for EV battery aiming to rival range of a traditional engine

KEY POINTS The rollout of tech able to boost the distances of electric vehicles will be crucial in

BMW secures funding for EV battery aiming to rival range of a traditional engine

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Celeritas, which relates to the development of ultra-fast charging batteries; and Reecorner, which is linked to the redesign of what the government described as “light and medium-sized commercial electric vehicles.”\nIan Constance, who is the APC’s chief executive, said in a statement that the projects tackled “some really important challenges in the journey to net-zero road transport.”\n“They address range anxiety and cost which can be barriers to people making the switch to electric vehicles and they also provide potential solutions to the challenge of how we decarbonise public transport and the movement of goods.”\nBMW is one of many firms working on new concepts and ideas related to batteries.ToyotaandPanasonic, for instance, have established a joint venture called Prime Planet Energy & Solutions.\nThe company, which began operations last April, describes itself as specializing in the development and manufacture of “advanced batteries that can be used over and over again at any time and in any place.”\nMore recently, in June 2021,Renaultannounced it had signed “two major partnerships” related to thedesign and production of electric vehicle batteries.\nA few months earlier, in March,Volkswagenannounced it wasaiming to establish several “gigafactories”in Europe by the end of the decade.","news_type":1},"isVote":1,"tweetType":1,"viewCount":649,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":24,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}