Battery News
Gotion to build battery pack facility in Thailand, production expected to start in Q4 2023
Gotion's joint venture in Thailand will create a battery export base in addition to local production of battery packs.
Global EV battery market share in Oct: CATL 37.6%, BYD 16.2%
BYD returned to second place in the global power battery market in October, overtaking LG Energy Solution.
Gotion High-tech secures new lithium mining right in Jiangxi
Gotion High-tech was awarded the mining right for a period of five years, with a design production scale of 3 million tons per year.
World's first GWh-class sodium-ion battery production line sees first product off line
Hina Battery's production line, located in Fuyang, Anhui province, is the first phase of its 5 GWh project.
Lithium prices losing momentum to climb higher
Lithium carbonate prices have stopped rising for the first time in nearly 18 weeks, with buyers in a growing wait-and-see mood and sellers starting to loosen their offers.
Morgan Stanley expects lithium prices to see inflection point in 2023
Morgan Stanley sees the price of lithium carbonate in China falling to $47,500 per ton in the second half of 2023, implying a 35 percent drop from the current spot.
Battery maker Svolt, spun off from Great Wall, files for IPO in China
Svolt Energy plans to raise RMB 15 billion, seeking a valuation of RMB 60 billion.
Gotion, Vingroup begin construction of battery plant in Vietnam
The first phase of the plant has a planned annual capacity of 5 GWh and is expected to be operational by the end of 2023.
Chinese regulators vow to crack down on price gouging as lithium prices rise to staggering levels
China will strictly investigate and punish hoarding, price gouging and unfair competition in the upstream and downstream lithium battery industry to maintain market order, a government document said today.
Lithium carbonate now costs 10 times more than it did two years ago
Every RMB 100,000 increase in the price of lithium carbonate will have a 2 percentage point impact on Nio's gross margin, the company's CEO previously said.