Battery News
Gotion signs MOU for lithium mining in Argentina
An Argentine state-owned company will provide Gotion with prospecting and mining rights to explore a potential lithium resource of about 17,000 hectares.
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Gotion plans to buy back shares worth up to RMB 400 million
The move is based on the company's confidence in its future growth prospects and to further establish a sound long-term incentive mechanism, Gotion said.
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Eve Energy to build new $3 billion battery project
The project, located in Chengdu, Sichuan province, will include a 50 GWh per year power and energy storage battery production site, as well as a local research institute.
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Nio's semi-solid-state battery supplier WeLion signs deal for 30,000 tons of cathode material
WeLion has signed an agreement with Ronbay Technology to purchase no less than 30,000 tons of solid-state lithium battery cathode material products from the latter from 2022-2025.
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EV battery maker Gotion signs supply deal with Geely's commercial vehicle division
Gotion will supply power cell products to Geely New Energy Commercial Vehicle Group from 2022 to 2024, with an estimated total of 126,000 units.
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LFP batteries expected to have over 60% global share by 2024, report says
The last two years of global battery cathode material industry capacity planning shows that the expansion scale and speed of LFP materials will far exceed that of ternary materials
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China's power battery installations rise 138% year-on-year to 21.4 GWh in March
LFP batteries lead ternary batteries in China for the ninth consecutive month.
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BYD beats Panasonic to third place in global EV battery market
BYD beat Panasonic to third place with 11.9 percent market share in January-February, while the latter ranked fourth with 10.8 percent share.
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Chinese team's new research promises higher energy density for lithium batteries
A Chinese team has recently made key advances in the study of high-voltage electrolyte systems that are expected to allow lithium-ion batteries to achieve higher energy densities.
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Svolt Energy, BASF JV in China invest in lithium producer Yongshan Lithium
Svolt Energy and BASF Shanshan will each take a 10 percent stake in Yongshan Lithium.
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