Chinese battery maker Sunwoda plans to issue GDRs and list them in Europe
Sunwoda plans to issue GDRs and have them listed on the SIX Swiss Exchange/London Stock Exchange. In March, Gotion High-tech announced a similar plan.
GAC unveils new LFP battery technology, claims energy density increase of up to 20%
The technology enables batteries to achieve fast charging rates of 2C and above, with a lifetime of more than 1.5 million kilometers, GAC said.
Gotion plans to build production base in Germany with annual capacity of 20 GWh
Gotion's planned global production capacity will reach 300 GWh by 2025, with 100 GWh in overseas markets.
Tianqi Lithium signs deal to supply lithium hydroxide to LG Chem
A subsidiary of Tianqi Lithium has signed an agreement with LG Chem to sell lithium hydroxide to the latter from January 1, 2023 to December 31, 2026.
Gotion to build facility in Argentina capable of producing up to 60,000 tons of lithium carbonate per year
Gotion batteries produced in Argentina are expected to be used in Germany, India, the United States, Spain and Vietnam, it said.
Tianqi Lithium said to start trading in Hong Kong on July 13
It was previously rumored that Tesla would participate in the share subscription for Tianqi Lithium, although this was not confirmed.
Sunwoda said to be spinning off EV battery unit for separate IPO
Sunwoda EVB is seeking a new round of financing estimated at more than RMB 3 billion ($448 million), valuing it at RMB 20 billion, according to local media.
Gotion adds 30 GWh to battery capacity as two new sites come online
Gotion's power cell production capacity in China is expected to reach 100 GWh by the end of this year.
Gotion to mass-produce semi-solid-state batteries this year
The semi-solid-state battery has an energy density of 360Wh/kg, much higher than the 210Wh/kg of conventional ternary lithium batteries, according to a Gotion executive.
New battery built by Chinese team claims to be able to work in temperatures down to -70°C
The battery has 13 percent to 25 percent higher energy density than conventional lithium-ion batteries, and can be fully charged in 20 minutes.