Battery News

Chinese battery maker CALB to build production base in Portugal

CALB's plant in Portugal will be located near a local port and the company aims to make the project a world-leading zero-carbon plant.

Dongfeng-Sunwoda JV's 30 GWh battery base starts construction

The project, with a total investment of RMB 12 billion, has a planned annual capacity of 30 GWh.

Power battery giant CALB plunges over 30% in HK before greenshoe option expires Friday

This sent the company's market capitalization down to HK$41.1 billion, down HK$20.9 billion from about HK$62 billion at the opening of trading today.

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.

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, according to Eve Energy.

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 manufacturers.

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.

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.

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.

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 to the same period last year.
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