Battery News
Svolt Energy to build 2nd plant in Germany for battery cell production
Svolt Energy previously had a plant in Germany for the production of battery packs.
CATL, BYD continue to dominate China's power battery market in Aug, despite small share declines
CATL continues to rank first with a 46.79 percent share, while BYD continues to rank second with a 21.91 percent share.
Eve Energy announces battery cell supply deal with BMW after CATL
Eve Energy said it has finalized a cell supply relationship with BMW to provide large cylindrical lithium-ion cells for the latter's Neue Klasse line of models.
Tianqi Lithium's H1 net profit up 119 times as lithium prices soar
Lithium carbonate prices in China rose from RMB 270,000 per ton at the beginning of the year to about RMB 470,000 per ton at the end of the second quarter in the first half.
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.