The first overseas factory of CATL in Thuringia, Germany, has received the second partial approval for the commissioning of a new plant for battery cell production.
Leading Chinese power battery firm CATL announced on Thursday that it will establish the world's first zero-carbon battery factory in Yibin, Sichuan province.
Luxury automotive brand Mercedes-Benz announced on Wednesday that it has reached a strategic cooperation agreement with Envision AESC, a subsidiary of Envision Group.
The official website of the Shiyan Municipal People's Government in China's central province of Hubei published an article Wednesday saying that it had signed a strategic agreement with Envision Group.
Yingke Hengtong, a shareholder of its holding subsidiary Shaowu Yongtai High-Tech Materials Co., Ltd, planned to transfer its 25% stake in the subsidiary to CATL for 500 million yuan ($78.3 million).
SK Innovation has recently signed a battery supply contract with Xpeng Motors and will supply Xpeng with high grade nickel-based Lithium Ion batteries according to Chinese media outlet Autohome.
Fova Energy, a battery data analysis and decision-making platform, has raised millions of US dollars during a seed+ round of financing from Shunwei Capital, according to Chinese media outlet 36Kr.
In mid-April, media reported that in a summit organized by the Chinese auto industry, a source disclosed that Tesla will establish a wholly-owned factory in China in 2018.
