EV Update Media – Electric Vehicles and Battery Industry News & Updates

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#Farasis

Farasis And Geely Establish JV For Geely Batteries

In China, the US battery manufacturer Farasis is establishing a joint venture with the Geely automotive group for the research and development as well as production and sale of lithium-ion batteries for electric vehicles and other applications. Farasis is already…

Farasis And TOGG Signed A Letter Of Intent To Develop Energy Storage Solutions For Turkey And Surrounding Countries

Farasis is partnering with TOGG, a European OEM developing native electric vehicles and e-mobility ecosystem, for the use of Farasis battery cells in the full range of TOGG products. According to the agreement, battery cells will be provided by Farasis…

German Luxury Carmaker To Take Stake In Chinese Battery Cell Maker Farasis

Daimler AG (commonly known and referred to as Mercedes) is to take a 3 per cent stake in Farasis, the Chinese battery cell maker, as the German carmaker ramps up its electric vehicle production. The Stuttgart-based company said it would…