Battery News

Eve Energy to build battery production base in Thailand

Eve Energy will set up a joint venture in Thailand under which it will build a battery production base with a capacity of at least 6 GWh.

Sunwoda to build $270 million power battery plant in Hungary

The investment is to further improve the company's business layout, serve international customers and expand overseas business, Sunwoda said.

Chinese tech firm Transimage secures order for sodium-ion batteries from German automaker

The customer is a globally recognized automaker headquartered in Germany with a portfolio of well-known car brands, Transimage said.

China recycles more waste power batteries in first 5 months than all of last year

China recycled 115,000 tons of used power batteries in January-May, more than the total for the whole of last year.

CATL rival CALB becomes Xpeng's largest battery supplier

In June, Xpeng loaded more than 4,000 vehicles with CALB battery packs, or 70 percent of its production for the month.

Sunwoda to split EV battery unit for separate listing in Shenzhen

Sunwoda's power battery installations in China amounted to 0.73 GWh in June, placing it at No. 6 with a 2.21 percent share.

Solid-state battery startup Talent New Energy closes new funding, has over 10 GWh of capacity planned

Talent's second phase of a 2 GWh/year plant in Chongqing is expected to be completed by the end of 2023, and a 10 GWh/year industrial park project in Anhui is under construction.

Gotion expects H1 profit to rise as much as 209.69% to $28 million

Gotion's earnings preview implies it will post a net profit of RMB 7,439 to RMB 124.4 million in the second quarter, a year-on-year increase of 129.46 percent to 283.68 percent.

EVs with all-solid-state batteries expected to be in mass production by 2030, doubling range from today, TrendForce says

By then, the energy density of lithium batteries could reach 500 Wh/kg, providing EVs with two to three times the range of liquid lithium batteries and tying the range of fuel vehicles, TrendForce said.

China Jun EV battery installations: CATL share expands to 45.13%, BYD falls to 27.38%

BYD topped the LFP battery market with a 39.61 percent share, but lower than its 45.30 percent share in May.
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