Nissan Buys Shares in Battery Company. Is This A Sign of More EVs?

The race to get batteries is very real for automotive companies. Supplies are limited, and will continue to be limited for years because you can’t open up new mines and refining facilities with heavy doses of wishful thinking. It takes years to get a new mine going, and that means manufacturers need to think years ahead.

, but exactly how many credit-eligible BEVs can be built depends largely on whether or not we have a sufficient supply friendly countries’ batteries.CarBuzz Nissan will acquire all of Vehicle Energy Japan’s common shares, as well as subscribe to the company’s common shares. Following the merger, Vehicle Energy Japan will become a Nissan subsidiary in which it will share ownership with existing shareholders Maxell, Ltd. and Hitachi Astemo, Ltd.

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Hertz Buying Up To 175,000 EVs From GM, First Batch Set To Arrive In 2023 | CarscoopsHertz Buying Up To 175,000 EVs From GM, First Batch Set To Arrive In 2023 | Carscoops carscoops
Source: Carscoop - 🏆 306. / 63 Read more »

Hertz to Buy Up to 175,000 EVs From GMHertz has agreed to buy up to 175,000 electric vehicles from GM over five years, the latest example of rental companies bulking up on EVs I honestly can't think of a better use case for the Bolt then as a mass market rental car. Big difference between 1 and “up to” 175,000 vehicles. Where will people charge them?
Source: WSJ - 🏆 98. / 63 Read more »