Battery News

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.
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