Advertisement

The Car and Truck Fleet and Leasing Management Magazine

VW Invests in Battery Startup to Extend EV Range

December 22, 2014

Photo: Volkswagen
Photo: Volkswagen

Volkswagen AG has reportedly purchased a stake in the battery startup company QuantumScape Corp. to develop technology that can increase the range of its battery-electric vehicles by more than threefold, according to a report by Bloomberg.

VW may implement the energy-storage technology in vehicles from its namesake brand along with Porsche and Audi, according to people familiar with the matter, who requested anonymity because the plans are private. Testing of the technology is scheduled to be completed in mid-2015, they said.

QuantumScape is developing solid-state batteries, which have the potential to generate more power and store more energy than liquid electrolytes such as the lithium-ion technology currently used in many electric cars, reports Bloomberg.

Twitter Facebook Google+

Comments

Please note that comments may be moderated. 
Leave this field empty:
 
 

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

Sponsored by

A system in a vehicle that implements the process of exhaust gas recirculation.

Read more

Alternative Fuel Locator

Use the Alternative Fuel Locator to find stations near you.

Launch Alternative Fuel Locator

Up Next

More From The World's Largest Fleet Publisher