Battery News

Power battery maker Eve Energy to spend $380 million to add new production lines

Chinese power battery maker Eve Energy plans to spend RMB 2.45 billion ($380 million) on new production lines, according to an announcement made by the company on Thursday. ...

Power battery maker Gotion to build 20 GWh production base in Hefei to supply unified cells to VW

The project is expected to cover 500 acres and will be built in phases. In the first phase, the company will build 10 GWh of battery capacity, with production scheduled to begin 18 ...

Power battery maker Gotion secures its first plant in Europe through acquisition

Gotion High-tech has signed a deal with the Robert Bosch GmbH to acquire the latter's plant in Göttingen, Germany, to gain its first new energy production operation in Europe. ...

Chinese power battery supplier Svolt announces mass production of its cobalt-free batteries

As the price of cobalt continues to rise, power battery makers around the world are trying to get rid of the metal. Now, a Chinese company has done just that. ...

Gotion signs deal to develop first-gen unified battery cells for VW

Gotion will develop the first battery application with standard cells for VW's regular production models. ...

Power battery maker Eve Energy looks to gain greater say in upstream raw material supply

As China's power battery industry chain sees an intensive expansion period, Eve Energy hopes to extend its business to upstream raw materials by acquiring equity stakes. ...

Chinese power battery maker CALB's 50GWh project starts construction

The rapid growth of China's electric vehicle industry has created a huge demand for power batteries, and manufacturers are accelerating their production expansion. ...

Power battery maker Gotion breaks ground on $1.85 billion base in Hefei

Hefei has become one of the most aggressive cities in the new energy vehicle industry chain. It has NeoPark, a joint development with Nio, and the city also has an economic demonst ...

China's LFP battery installations jumped about 460% in May from a year earlier

Lithium iron phosphate batteries were installed at 4.5GWh, with a market share of 46 percent, up 458.6 percent year-on-year and 40.9 percent from April. ...

Fourth-largest power battery maker in China reportedly plans IPO next year

CALB, the fourth-largest power battery maker in China, plans to make an initial public offering (IPO) next year, jiemian.com reported Monday, without giving further details. ...
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