Chemical giant BASF has confirmed that it is setting aside a portion of its annual budget of €1.7 billion to target the battery market. Despite the fact that many companies have crashed and burned in this particular area of the electric vehicle industry, BASF believes it is the future and it can become a major element of the company going forward.
Related topics
| Topic | Replies | Views | Activity | |
|---|---|---|---|---|
| Bosch looking to introduce new electric car batteries | 0 | 808 | September 23, 2015 | |
| BMW looking for return on $2.7 billion electric vehicle investment | 0 | 912 | November 19, 2013 | |
| Samsung in talks with BYD | 0 | 753 | July 16, 2016 | |
| Researchers announce ground breaking battery technology | 0 | 2493 | February 9, 2014 | |
| Sino-Japanese competition for dominance in the World Electric Vehicles Market | 0 | 2030 | September 13, 2010 |