China's new LFP projects in H1 exceed $6 billion in combined investment
For comparison, China shipped 124,000 tons of LFP cathode materials in 2020, up 41 percent year-over-year, with market size of about RMB 4.5 billion.
LFP batteries recovering lost ground in passenger car market
It is worth noting that about 74.42 percent of the installed capacity of lithium iron phosphate batteries came from the passenger car market, at 16.76 GWh.
Power battery maker Eve Energy to spend $380 million to add new production lines
Chinese power battery maker Eve Energy plans to spend RMB 2.45 billion ($380 million) on new production lines, according to an announcement made by the company on Thursday.
Power battery maker Gotion to build 20 GWh production base in Hefei to supply unified cells to VW
The project is expected to cover 500 acres and will be built in phases. In the first phase, the company will build 10 GWh of battery capacity, with production scheduled to begin 18 months from the start of construction.
Power battery maker Gotion High-Tech secures its first plant in Europe through acquisition
Gotion High-Tech has signed a deal with the Robert Bosch GmbH to acquire the latter's plant in Göttingen, Germany, to gain its first new energy production operation in Europe.
Chinese power battery supplier Svolt announces mass production of its cobalt-free batteries
As the price of cobalt continues to rise, power battery makers around the world are trying to get rid of the metal. Now, a Chinese company has done just that.
Gotion High-Tech signs deal to develop first-gen unified battery cells for VW
Gotion will develop the first battery application with standard cells for VW's regular production models.
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 High-tech 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.