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Tesla’s EV battery supplier in China operating under Covid restrictions

Bloomberg The world’s biggest maker of batteries for electric cars said its largest plant in China is now operating a factory bubble as the city where it’s located is locked down to comply with Beijing’s zero-tolerance pandemic curbs. Contemporary Amperex Technology Co’s factory in Yibin has imposed a so-called closed loop system that will enable it to operate “in an ...

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BMW touts ‘tech leap’ of longer-range, faster-charging batteries

Bloomberg BMW AG plans to buy electric-vehicle batteries from six new factories to be set up and run by companies including Contemporary Amperex Technology Co Ltd and Eve Energy Co as the world’s biggest luxury-car maker attempts to overhaul its supply chain. Two plants each in Europe, China and North America will produce round lithium-ion cells that enable longer ranges ...

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Porsche mulls entry into F1 racing series

  Bloomberg Porsche said it’s still mulling an entry into the Formula 1 racing series after ending months of talks with Red Bull GmbH as a potential partner. Discussions faltered after the pair couldn’t agree on an “equal footing” on engine collaboration and team partnership, Porsche said. The stalling of the sports-car maker’s F1 aspirations come within weeks of Volkswagen ...

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