Battery

Farasis Energy is working on adapting a sodium-ion battery based on a JMEV model that will be available in 2023.

The battery is expected to be available in production models in 2023, including an SUV and a coupe that will be in production in October next year.

Gotion's joint venture in Thailand will create a battery export base in addition to local production of battery packs.

BYD returned to second place in the global power battery market in October, overtaking LG Energy Solution.

Gotion High-tech was awarded the mining right for a period of five years, with a design production scale of 3 million tons per year.

Hina Battery's production line, located in Fuyang, Anhui province, is the first phase of its 5 GWh project.

Lithium carbonate prices have stopped rising for the first time in nearly 18 weeks, with buyers in a growing wait-and-see mood and sellers starting to loosen their offers.

Morgan Stanley sees the price of lithium carbonate in China falling to $47,500 per ton in the second half of 2023, implying a 35 percent drop from the current spot.

Svolt Energy plans to raise RMB 15 billion, seeking a valuation of RMB 60 billion.

The first phase of the plant has a planned annual capacity of 5 GWh and is expected to be operational by the end of 2023.