Battery News
Lithium carbonate prices fall to around RMB 500,000 with outlook remains bearish
Battery-grade lithium carbonate has fallen more than 10 percent compared to mid-November when prices reached as high as RMB 590,000 per ton.
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Svolt Energy completes development of 1st-gen sodium-ion battery with energy density of 110 Wh/kg
Svolt Energy expects to complete the development of sodium-ion batteries with an energy density of 160 Wh/kg and cycle life of more than 2,000 by the fourth quarter of 2023.
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Farasis Energy expects model with its sodium-ion battery to be available in 2023
Farasis Energy is working on adapting a sodium-ion battery based on a JMEV model that will be available in 2023.
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Svolt Energy unveils Dragon Armor Battery capable of giving EVs up to 1,000 km of range
The battery is expected to be available in production models in 2023, including an SUV and a coupe that will be in production in October next year.
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Gotion to build battery pack facility in Thailand, production expected to start in Q4 2023
Gotion's joint venture in Thailand will create a battery export base in addition to local production of battery packs.
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Global EV battery market share in Oct: CATL 37.6%, BYD 16.2%
BYD returned to second place in the global power battery market in October, overtaking LG Energy Solution.
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Gotion High-tech secures new lithium mining right in Jiangxi
Gotion High-tech was awarded the mining right for a period of five years, with a design production scale of 3 million tons per year.
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World's first GWh-class sodium-ion battery production line sees first product off line
Hina Battery's production line, located in Fuyang, Anhui province, is the first phase of its 5 GWh project.
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Lithium prices losing momentum to climb higher
Lithium carbonate prices have stopped rising for the first time in nearly 18 weeks, with buyers in a growing wait-and-see mood and sellers starting to loosen their offers.
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Morgan Stanley expects lithium prices to see inflection point in 2023
Morgan Stanley sees the price of lithium carbonate in China falling to $47,500 per ton in the second half of 2023, implying a 35 percent drop from the current spot.
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