Report: Toyota battery subsidiary to build 4th HEV battery plant in China
11 August 2019
The Nikkei reports that Primearth EV Energy (PEVE) Toyota Motor’s battery-making , will build its fourth hybrid vehicle battery plant in China as Beijing expands government incentives for low-emission autos.revp
This new plant will be capable of producing roughly 100,000 batteries a year, quadrupling the total capacity in China to about 400,000 units. PEVE produces NiMH batteries for hybrids at a joint-venture factory in China’s Jiangsu Province.
Beijing has been promoting new-energy vehicles—including electric cars and hydrogen fuel cell vehicles. Gasoline-electric hybrids are currently not considered new energy vehicles, but Beijing looks set to reclassify them as such, granting hybrids more favorable treatment.
Laters..
Report: Toyota battery subsidiary to build 4th HEV battery plant...
-
- There are more pages in this discussion • 24,253 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LTR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
74.0¢ |
Change
-0.030(3.90%) |
Mkt cap ! $1.794B | |||
| Open | High | Low | Value | Volume |
| 77.0¢ | 77.0¢ | 73.5¢ | $12.03M | 16.10M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 339920 | 74.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 74.5¢ | 109036 | 6 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| LTR (ASX) Chart |