Battery News
Samsung SDI opens battery R&D center in Shanghai
A new research lab under the center will focus on discovering new functional and affordable materials.
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Lithium carbonate prices likely to fall below RMB 100,000, says chairman of battery maker Farasis Energy
Lithium prices continue to fall in China today, with the average price of industrial-grade lithium carbonate falling below RMB 200,000 per ton for the first time in the current dow
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Analysts explain how falling lithium carbonate prices affect EV costs
For an EV with a 70-kWh pack, the cost of the battery is now RMB 12,300 - RMB 14,500 lower than when lithium carbonate prices were at their previous high, analysts say.
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Global EV battery market share in Jan-Feb: CATL 33.9%, BYD 18.2%
CATL's share in January-February was the same as in January, while BYD saw its share rise.
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Panic selling of lithium carbonate just won't stop
Lithium carbonate prices continue to decline, leading to a heavy wait-and-see mood among downstream customers, who are reluctant to place large orders.
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Gotion reaches deal with Edison Power to tap Japan's energy storage market
Gotion and Edison Power have a planned sales target of 1 GWh in the first year of the partnership, rising to 2 GWh per year from the second year onwards.
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Lithium prices see biggest drop this year in China as decline accelerates
Nio's management previously said they expect lithium carbonate prices to fall back to RMB 200,000 per ton this year, boosting gross margins back up.
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Gotion's controlling shareholder to increase stake by up to RMB 300 million
The move is based on Gotion's controlling shareholder's recognition of the company's value and confidence in its continued rapid growth, according to an exchange announcement.
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China Feb EV battery installations: Total volume up 36% from Jan, CATL share down slightly
BYD's share in February was essentially unchanged from January, while CALB's share grew significantly.
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Overseas premiums likely to provide support for lithium prices in China, analysts say
Overseas lithium prices are already at a 20 percent premium to Chinese prices, which is expected to provide support for lithium prices as the export window opens, analysts said.
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