Battery News
Power battery maker Gotion secures its first plant in Europe through acquisition
Gotion High-tech has signed a deal with the Robert Bosch GmbH to acquire the latter's plant in Göttingen, Germany, to gain its first new energy production operation in Europe.
Chinese power battery supplier Svolt announces mass production of its cobalt-free batteries
As the price of cobalt continues to rise, power battery makers around the world are trying to get rid of the metal. Now, a Chinese company has done just that.
Gotion signs deal to develop first-gen unified battery cells for VW
Gotion will develop the first battery application with standard cells for VW's regular production models.
Power battery maker Eve Energy looks to gain greater say in upstream raw material supply
As China's power battery industry chain sees an intensive expansion period, Eve Energy hopes to extend its business to upstream raw materials by acquiring equity stakes.
Chinese power battery maker CALB's 50GWh project starts construction
The rapid growth of China's electric vehicle industry has created a huge demand for power batteries, and manufacturers are accelerating their production expansion.
Power battery maker Gotion breaks ground on $1.85 billion base in Hefei
Hefei has become one of the most aggressive cities in the new energy vehicle industry chain. It has NeoPark, a joint development with Nio, and the city also has an economic demonstration park, which has just welcomed a big player.
China's LFP battery installations jumped about 460% in May from a year earlier
Lithium iron phosphate batteries were installed at 4.5GWh, with a market share of 46 percent, up 458.6 percent year-on-year and 40.9 percent from April.
Fourth-largest power battery maker in China reportedly plans IPO next year
CALB, the fourth-largest power battery maker in China, plans to make an initial public offering (IPO) next year, jiemian.com reported Monday, without giving further details.
Geely, Farasis Energy to set up power battery joint venture
The battery joint venture has a registered capital of 1 billion yuan ($155.6 million), with Geely holding 65 percent and Farasis Energy holding 35 percent of shares.
Eve Energy says reports of talks with Tesla to supply batteries unfounded
EVE Energy is a much smaller player than CATL, a giant with half of China's power battery market share.
