Battery News
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.
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.
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.
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.
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.
CATL's share in global EV battery market slips in Jan, BYD rises
CATL's battery installations rose 6.5 percent year-on-year in January, below the industry's growth rate of 18.1 percent.
Lithium's downward trend may be disrupted as Chinese mining hub suspends production
Lithium miners in Yichun, nicknamed the "lithium capital of Asia," are being suspended for production violations that analysts expect will affect 13 percent of the global lithium supply if production is halted for a month.
Hina Battery becomes 1st battery maker to put sodium-ion batteries in EVs in China
The unveiling of the Sehol E10X test vehicle means that sodium-ion batteries are starting to be used in passenger cars, after the new batteries were mainly used in electric two-wheelers and for energy storage.
Lithium carbonate falls below RMB 400,000 per ton as price drop shows no sign of stopping
Industrial-grade lithium carbonate prices in China today fell below 400,000 yuan ($58,000) per ton, a pullback of more than 30 percent from the November peak.
Chinese academician expects lithium prices to see further drop of up to 20% this year
Chinese Academy of Sciences academician Ouyang Minggao said he expects the price of lithium carbonate in China to drop to between RMB 350,000 yuan ($50,890) and 400,000 yuan per ton in the second half of this year.