Battery News

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.
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