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SAIC's MG4 has become the world's first mass-produced car featuring semi-solid-state battery technology, with deliveries set to begin in December. Its key breakthrough lies in enhanced safety, eliminating fire risks and improving low-temperature performance, while being offered in the 100,000-yuan price range to make the advanced tech more accessible.
Lanli Energy, a Chinese mobile energy services provider, announced on July 12 that it has received tens of millions of yuan in angel-round financing, led by BlueRun Ventures.
On July 29, Chinese electric vehicle maker BYD held an online conference and announced the details of its newest vehicle, Seal. Delivery will start in August and the vehicle will range in price from 209,800 yuan to 286,800 yuan ($31,113 - $42,532).
Beijing-based life services e-commerce platform, Meituan, had one of its subsidiaries invested in Huzhou Chaona New Energy, with a shareholding ratio of 10%.
A letter regarding BYD's battery price increase circulated in the market on Tuesday morning. As to the rumors, BYD insiders said that they are now verifying the information.
Tesla announced a new battery solution for its electric cars at the "Battery Day" event on Wednesday, the biggest highlight of which is the further significant reduction in battery energy density and cost.
On September 13, CATL's new Tianxing commercial power battery will be released.
A recent report said that "a brokerage firm finds that a leading company in the lithium battery industry is massively promoting natural graphite." CATL denies it.
Power battery manufacturer Sunwoda announced on June 17 that its subsidiary Sunwoda Electric Vehicle Battery Co., Ltd. (Sunwoda EVB), jointly invested with other two vehicle makers, is setting up a joint venture company.
The China Center for Information Industry Development (CCID), situated under the country's Ministry of Industry and Information Technology, recently released its "2021 White Paper on China Lithium Battery Industry Development Index."
Ni Jun, the chief manufacturing officer of Chinese battery giant Contemporary Amperex Technology Co. Limited delivered a speech at the World Economic Forum Annual Meeting 2022 currently taking place in Davos, Switzerland.
Robin Zeng, Chairman of Chinese battery giant CATL, said that, unlike oil, lithium battery's main components can be recycled, adding that the development of the lithium battery industry makes the energy mix in China change from relying on resources to manufacturing and recycling.