Battery News
China imports lithium carbonate in July at about 10 times price of same month last year
Lithium resources are sufficient and the Chinese NEV market will not be materially affected by lithium prices in the coming months, according to CPCA secretary-general.
Tianqi Lithium forms JV with Nio's solid-state battery supplier WeLion
Nio is expected to receive a small batch of 150-kWh semi-solid-state batteries from WeLion in September and start using them in the fourth quarter, according to a previous media report.
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.
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 official said.
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.
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.
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.
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.
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.
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.
