Battery News
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.
Tsinghua team develops super-long cycle life solid-state battery
The all-solid-state battery cells show excellent cycling performance, with 71 percent capacity retention even after 20,000 cycles.
CATL's share in China's EV battery market expands to 49.6%, BYD falls to 18.5%
CATL gained more share in June, as its major customers saw their output further return to normal.
SAIC sets up solid-state battery lab with QingTao to develop batteries with range of over 1,000 km
Solid-state batteries with a range of more than 1,000 kilometers, developed by the two companies, will be the first to be installed in a new SAIC-owned model next year.
Chinese battery maker Sunwoda plans to issue GDRs and list them in Europe
Sunwoda plans to issue GDRs and have them listed on the SIX Swiss Exchange/London Stock Exchange. In March, Gotion High-tech announced a similar plan.
GAC unveils new LFP battery technology, claims energy density increase of up to 20%
The technology enables batteries to achieve fast charging rates of 2C and above, with a lifetime of more than 1.5 million kilometers, GAC said.
Gotion plans to build production base in Germany with annual capacity of 20 GWh
Gotion's planned global production capacity will reach 300 GWh by 2025, with 100 GWh in overseas markets.