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LFP battery installations above ternary batteries in China for sixth consecutive month

For the full year 2021, LFP batteries accounted for 51.7 percent of all battery installations, higher than the 48.1 percent for ternary batteries.

EV battery maker CALB plans HK IPO, aims to raise $1 billion

CALB is the third largest EV battery maker in China, with a market share behind CATL and BYD.

Svolt Energy begins construction of new $1.57 billion battery plant

The plant has a planned annual capacity of 22.3 GWh and is expected to be fully operational by the first half of 2023.

EV battery maker Farasis Energy has reportedly sent samples of semi-solid-state batteries to Mercedes-Benz

Farasis Energy has sent samples of its first-generation semi-solid-state battery with an energy density of 330Wh/kg to Mercedes-Benz, which will start testing prototype batteries soon.

China's Gotion inks EV battery supply deal with unnamed US automaker

Gotion will secure the number of batteries required by the customer, which expects to purchase no less than 200 GWh in total, from 2023-2028.

Svolt charges up global EV battery race with $943 million in new funding

The newest entrant from China thinks it could take up nearly a third of the global market over the next five or six years.

Volkswagen China officially becomes largest shareholder of EV battery maker Gotion High-Tech

The number of shares held by Volkswagen China in Gotion has increased to 441 million shares, raising its stake to 26.47 percent.

BAIC BluePark says it has completed development of 2nd-gen solid-state battery cells

BAIC BluePark says its planned third-generation solid-state battery technology will be used in a new Arcfox-branded model with a cell energy density of 360Wh/kg.

Svolt Energy closes about $940 million in Series B+ financing

The funds will be used mainly to develop new technologies and build new production bases and R&D centers.

Lithium supplier Ganfeng unveils its first-gen solid-state battery

Dongfeng Motor's E70 model will be the first to use the battery and is expected to be delivered before the Chinese New Year, which arrives in early February.
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