Battery News
Xiaomi-backed fund invests in EV battery maker Svolt Energy
Svolt Energy added several new shareholders on August 18, including Hubei Xiaomi Changjiang Industry Fund, backed by smartphone giant Xiaomi.
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Svolt Energy forms new firm in Shanghai
The company's business scope covers automotive parts development, artificial intelligence application software development, and new energy vehicle battery accessory sales.
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Svolt Energy's new 15 GWh power battery project begins construction
The project has a total site area of 482 mu (321,300 square meters) and a new construction area of 480,000 square meters.
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Carmakers, including Geely and WM Motor, call for regulating flow of used EV batteries
Car companies including Geely, WM Motor, Hozon Auto and Leap Motor have joined with battery companies to issue a statement calling for regulating the flow of used electric vehicle
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China's LFP battery installation exceeds ternary battery for first time this year
The installed base of lithium iron phosphate batteries rose 235.5 percent in July, compared with a 67.5 percent increase for ternary batteries.
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EV battery maker CALB to build $3.8 billion plant in Hefei
The batteries produced at the base will be power batteries as well as batteries for energy storage.
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Battery maker Eve Energy to build new 30GWh project
Chinese lithium battery maker Eve Energy plans to invest in a new 30GWh per year power battery project in Jingmen City, Hubei Province, the company said in an announcement Wednesd
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Power battery maker Gotion launches new lithium battery material projects
Gotion's Shenzhen-traded shares were up at the 10 percent intraday limit, after rising about 70 percent in the past two months.
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EV battery maker Gotion, JinkoSolar sign deal to collaborate on energy storage
EV battery maker Gotion Hi-Tech and solar module maker JinkoSolar Holding Co recently signed a strategic cooperation agreement to tap the solar energy storage market.
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Chinese EV battery maker CALB starts construction of new $1.55 billion project
The project, located in central China's Hubei province, is a 20 GWh capacity production site with an investment of RMB 5 billion in the first phase.
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