A sample text widget

Etiam pulvinar consectetur dolor sed malesuada. Ut convallis euismod dolor nec pretium. Nunc ut tristique massa.

Nam sodales mi vitae dolor ullamcorper et vulputate enim accumsan. Morbi orci magna, tincidunt vitae molestie nec, molestie at mi. Nulla nulla lorem, suscipit in posuere in, interdum non magna.

Montana Tech eyes European electric car battery plant

(Reuters) – Austrian investor Michael Tojner’s Montana Tech Components group has plans to set up a major plant in Europe to make batteries for electric cars and has launched talks with German carmakers, the company said on Tuesday.

Should the plan bear fruit, it could lead to a bourse listing for its Germany-based Varta car battery business, a spokeswoman said, confirming media reports.

The company already works with Volkswagen on developing batteries for electric cars.

Should the group get enough orders this year, it could start serial production of electric car batteries by 2017.


Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.