Battery News

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.
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