Battery News

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.

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.

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.

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.

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.

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.

CALB signs deal to build new battery plant with planned investment of about $1.57 billion

CALB currently has seven manufacturing sites and aims to have 1,000 GWh of capacity by 2030.

Chinese regulators express concern over rising EV battery material prices

Chinese regulators are asking industry players to step up efforts to secure supplies to better support the healthy development of China's strategic emerging industries, including NEVs.

CALB taps into EV battery fever with Hong Kong IPO plan

China's No. 3 electric vehicle battery maker reportedly hopes to raise up to $1.5 billion, becoming Hong Kong's biggest listing so far this year.

Battery maker Sunwoda plans to build new 20 GWh production facility

This comes less than 20 days after Sunwoda made an announcement revealing its last 30 GWh battery project.
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