45 Articles
Jan 18, 2011
Report: Porsche looking to China for production of Cajun CUV

When Porsche was integrated into the Volkswagen group, its new parent company set an ambitious sales target for its latest division: 150,000 units annually. That would require a 50% increase in sales, but Porsche figures it can hit the far more ambitious target of 200,000 units per year for a 100% increase.

Noah Joseph
Jan 18, 2011
Ener1 signs lithium-ion battery deal with Wanxiang in China

U.S.-based Ener1 has signed a lithium-ion battery deal with China's Wanxiang Electric Vehicle Co., Ltd. Terms of the agreement, technically a joint venture (JV) with Wanxiang holding a 60 percent stake and Ener1 40, call for both firms to co-manufacture lithium-ion cells and complete battery packs for the Chinese market.

Eric Loveday
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