Eit Innoenergy, one of the world’s leading innovation drivers for the energy transition, and Volkswagen AG goes a strategic partnership, as the automotive group communicates. Companies are therefore planning common innovation and investment activities in order to help technologies and business models for economic breakthrough contribute to the declaration of the transport sector and accelerate the use of electromobility. In the course of the partnership, Volkswagen becomes new shareholder of EIT Innoenergy.
“To decarbonize the transport sector, we need a variety of innovations. In addition to our own activities, we will also be increasingly focusing on working with start-ups. Partnership with Eit Innoenergy will help us to find the most promising companies from all areas of the energy transition, which we can then support the scaling of their business model.”- Jens Wiese, Head of Group M&A, Investment Advisory and Partnerships of Volkswagen AG
“The transport sector is in the midst of one of its largest breakdowns at all. Automotive companies are prior to choosing whether they want to be drivers or drivers of this transformation, “complements Diego Pavia, CEO of Eit Innoenergy. How hardly another company did Volkswagen “seized the chance of putting themselves to the top of the change and shaping them. With our approximately 300 portfolio companies from all areas of the energy transition, we see enormous potential to accelerate the decario of the transport sector together with Volkswagen.”
Volkswagen and Eit Innoenergy already look back on a more than five years and according to VW fruitful cooperation. As central actors within the European battery alliance (EBA), they are significantly involved in the development of an internationally competitive European battery industry, whose market volumes are achieved according to current forecasts from 2025 to 250 billion euros per year and create around 4 million direct and indirect jobs.
In addition, the two companies connect their commitment as investors in the Swedish manufacturer Green Steels H2 Green Steel and the battery company Northvolt also from Sweden also. Volkswagen announced in his “Power Day” in March of this year to build six giga factories with a total output of 240 giga nights in Europe by 2030 in Europe with partners.
Related articles
-
Volkswagen sets MEB electric drive in yachts
Volkswagen brings its actually developed modular electric drive kit MEB to the water and cooperates with silent yachts, a pioneer for solar electric…
-
Stellantis and LG Energy Solution plan joint battery factory
The automaker Stellantis and LG Energy Solution (LGES), one of the world’s largest battery producers, have signed a memorandum of understanding to…
-
E-Transporter & Solar Energy: How Amazon wants to be CO2-neutral
The shipping line Amazon wants to remain steadfast in his focus to reach its climate protection promise. With his Climate Pledge, the company has set…
-
How the Volkswagen Group wants to reinvent
The Volkswagen Autoconzer has presented its plan for the transformation to the software-powered mobility company. The focus is on the twelve strong…
-
Storedot wants to connect high energy density and extremely fast shop
Group14 Technologies, a global manufacturer of the active material used in advanced silicon-carbon anodes, and StoreDot, pioneer of XFC (Extreme Fast…
-
Seat, Iberdrola and Volkswagen accelerate e-mobility in Spain
Seat , Iberdrola and Volkswagen Group España Distribucion strengthen their commitment to the electrification of transportation in Spain. Companies have…
-
Farasis Energy expands strategic network in Europe
Farasis Energy announced the middle of the week that one has closed two new partnerships to further expand its own strategic network on the European…
-
Volkswagen Group wants to expand after Sales business with electric cars
The Volkswagen Group is based on his after sales business on the coming challenges of digitization and electromobility. The increasing proportion of…
-
InnoEnergy awards 100.000 € price for electrical energy storage to Battrion and instagrid
Battrion and Instagrid were explained by Innoenergy as the winner of the global call for electric energy storage and both each with 100.000 € prize….
-
Entry by Jac? How Volkswagen wants to grow in China
According to media reports, the Volkswagen Group examines at the Chinese automaker Anhui Jianghuai Automobile (JAC) deeper. Under the brand SOL, VW has…
