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Capital Markets Day : VARTA AG confirms plans to build V4Drive lithium - ion cells for battery electric vehicles varta-ag.com/en/about-varta/news/details/capital-markets-day-varta-ag-confirms-plans-to-build-v4drive-lithium-ion cells - for - battery - electric - vehicles VARTA The German technology company will further extend its lithium - ion V4drive cell portfolio for electromobility / First Capital Markets Day held online on Wednesday Ellwangen . VARTA AG has announced large lithium - ion round cells for battery electric vehicles ( BEV ) . The new cells make a difference especially for the next generation of performance cars and for other non - automotive applications , said VARTA - CEO Herbert Schein at the company's first Capital Market Day , hosted online on Wednesday . " We believe that our round - cell formats are excellent alternatives for building battery electric vehicles in the performance sector due to their unique features " , said Schein . VARTA had announced its ultra - high - power lithium - ion round cell V4Drive in the 21700 format ( 2.1 cm in diameter , 7 cm in height ) at the beginning of this year . The V4Drive technology will now be transferred to even larger cell formats . The aim is to power BEVs , offer long driving range and additional power for dynamic driving . Schein : " VARTA is 1/2