Battery

Gotion plans to issue Global Depository Receipts (GDRs) abroad and list them on the Swiss Exchange to accelerate its international strategy.

Envision AESC will supply power batteries for Mercedes-Benz's EQS and EQE, and plans to build a new plant in the United States.

Founded in 2020, GTC Power provides high energy density products and completed prototyping of 1Ah, 5Ah and 20Ah all-solid-state lithium batteries.

CALB's first filing did not mention the amount it plans to raise, but media reports previously suggested its IPO could raise up to $1.5 billion.

LFP battery installations in China led ternary batteries for the eighth consecutive month.

The importance of developing new, low-cost energy storage devices is becoming increasingly important, and sodium-ion batteries are one of the most logical alternative solutions, said an executive at Country Garden's venture capital arm.

Sunwoda plans to invest about RMB 12 billion ($1.9 billion) to build a 30 GWh power battery production facility in Zhuhai, Guangdong province.

LFP batteries led ternary batteries in China for the seventh consecutive month.

The global lithium battery shortage will gradually dissolve as technology improves and capital is invested in huge amounts, he said.

During the Chinese New Year holiday, production lines of major battery suppliers including CATL, Gotion High-tech, and FinDreams were running to meet the high demand.