Battery
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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.
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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.
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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.
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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.
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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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Chinese power battery maker Svolt Energy to mass produce first cobalt-free batteries
Svolt Energy, a battery maker owned by Chinese automaker Great Wall Motors, announced that the material of cobalt-free cathode, the core material required for cobalt-free batteries, began to be produced in volume at its Changzhou materials plant.
