Battery News

Geely's second power battery project with Farasis Energy starts construction

The project has a planned capacity of 12 GWh, with a construction cycle of about 24 months, and is expected to start trial production by the end of 2023.

Eve Energy plans to build new 10 GWh battery facility in southwest China's Yunan

Eve Energy plans to invest RMB 3 billion ($444 million) in a 10 GWh power battery project in Yunnan.

CALB plans to increase Wuhan base capacity by 150% to 50 GWh

The first phase of CALB's Wuhan base was signed on May 31 last year, with a planned capacity of 20 GWh, and the main plant was topped out in March.

Gotion signs MOU for lithium mining in Argentina

An Argentine state-owned company will provide Gotion with prospecting and mining rights to explore a potential lithium resource of about 17,000 hectares.

Gotion plans to buy back shares worth up to RMB 400 million

The move is based on the company's confidence in its future growth prospects and to further establish a sound long-term incentive mechanism, Gotion said.

Eve Energy to build new $3 billion battery project

The project, located in Chengdu, Sichuan province, will include a 50 GWh per year power and energy storage battery production site, as well as a local research institute.

Nio's semi-solid-state battery supplier WeLion signs deal for 30,000 tons of cathode material

WeLion has signed an agreement with Ronbay Technology to purchase no less than 30,000 tons of solid-state lithium battery cathode material products from the latter from 2022-2025.

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.
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