Battery News
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.
EV battery maker Gotion plans offshore GDR offering and Swiss listing
Gotion plans to issue Global Depository Receipts (GDRs) abroad and list them on the Swiss Exchange to accelerate its international strategy.
China's Envision to supply batteries for Mercedes-Benz's electric SUVs
Envision AESC will supply power batteries for Mercedes-Benz's EQS and EQE, and plans to build a new plant in the United States.
Solid-state battery startup GTC Power closes over $7.8 million in funding
Founded in 2020, GTC Power provides high energy density products and completed prototyping of 1Ah, 5Ah and 20Ah all-solid-state lithium batteries.
EV battery maker CALB files for Hong Kong IPO
CALB's first filing did not mention the amount it plans to raise, but media reports previously suggested its IPO could raise up to $1.5 billion.
China's Feb power battery installations rise 145% year-on-year to 13.7 GWh
LFP battery installations in China led ternary batteries for the eighth consecutive month.
