Battery News
Sunwoda's EV battery unit reportedly closes $1.18 billion in new financing
The latest financing brings Sunwoda EVB's valuation to about RMB 30 billion and takes it one step closer to a spin-off IPO.
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CAAM official complains about abnormally high raw material prices for NEVs
Through several years of technological upgrades, the price of batteries has come down a lot. But the price of raw materials has risen, making years of hard work all in vain, the of
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Niu Technologies to launch e-bikes with sodium-ion batteries in 2023 as lithium battery prices rise
With battery costs rising sharply but vehicle prices rising at a limited rate, Niu needs to find ways to reduce costs, its CEO said.
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Ganfeng Lithium plans to build China's largest solid-state battery production base
Ganfeng's Chongqing-based project will have 10 GWh of battery capacity and 10 GWh of pack capacity when completed.
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EV battery maker Gotion raises $685 million in Swiss GDR offering
Gotion's GDRs will be officially listed on the SIX Swiss Exchange on July 28 Zurich time.
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Svolt Energy develops solid-state battery cells that will allow vehicles to reach over 1,000 km range
The cells have an energy density of 350-400 Wh/kg and has now successfully passed tests including pin prick and 200°C hot box tests, Svolt Energy said.
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Tianqi Lithium expects H1 net profit to rise over 110 times year-on-year
Tianqi Lithium attributed the big increase in its first-half results to the significant growth in sales volume and selling price of its lithium products.
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Ganfeng Lithium to buy Lithea, which has lithium resources in Argentina, for up to $962 million
Lithea's main asset, the PPG project, is a lithium salt lake project in Argentina that includes two lithium salt lake assets.
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Tsinghua team develops super-long cycle life solid-state battery
The all-solid-state battery cells show excellent cycling performance, with 71 percent capacity retention even after 20,000 cycles.
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CATL's share in China's EV battery market expands to 49.6%, BYD falls to 18.5%
CATL gained more share in June, as its major customers saw their output further return to normal.
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