Battery News
Gotion to build 2 new battery projects with $1.6 billion investment
Gotion will build a 20 GWh per year power cell project in Hefei, Anhui and a 10 GWh per year project in Liuzhou, Guangxi.
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Eve Energy unveils 560-Ah high-capacity energy storage battery
The battery allows for a 50 percent reduction in the number of cells and a 47 percent reduction in the number of Pack parts, resulting in a 30 percent increase in productivity, acc
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Eve Energy to build $422 million battery plant in Malaysia
Eve Energy plans to build a new 21700-type cylindrical battery production facility in Malaysia to support local and Southeast Asian electric two-wheeler and power tool manufacturer
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Gotion wins order for up to 600 MWh of energy storage batteries
The order is estimated at $110 million and the project is expected to be completed and delivered by the end of 2022.
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Envision AESC signs deal to supply batteries to BMW
Envision AESC will build a battery plant in the US to supply BMW with a planned capacity of 30 GWh, with production scheduled for 2026.
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Some Chinese energy storage firms reportedly suspend taking orders due to battery supply shortages
Since the end of September, a continued shortage of battery supply has led to a common suspension of order-taking by energy storage system manufacturers, according to local media.
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Tianqi Lithium expects Q3 net profit to rise up to 1,364% year-on-year
Lithium-ion battery makers accelerated capacity expansion, and Tianqi Lithium's key lithium products saw significant increases in both sales volume and average sales price compared
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Gotion expects Q3 net profit to rise up to 394% year-on-year
Gotion expects third-quarter net profit to reach RMB 82.35 million ($11.45 million) to RMB 97.19 million, up 318.9 percent to 394.4 percent from a year ago.
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China power battery installations: CATL has 47.8% share in Sept, BYD 22.44%
CALB ranked third in September with a 6.16 percent share, while Gotion High-tech ranked fourth in September with a 4.33 percent share.
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Gotion to build $2.36 billion battery materials plant in Michigan
It's the largest economic development project ever in northern Michigan and will shore up the state's position as a global hub for mobility and electrification, said Michigan's gov
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