battery factory Archives

China’s October Installed Battery Capacity Totals 30.5 GWh, CATL Ranks First

On November 10, China Automotive Power Battery Industry Innovation Alliance released its monthly data for batteries in October this year. In the past month, China's battery output totaled 62.8 GWh, up 150.1% year-on-year.

BYD Upgrades Shanghai Battery Factory to Supply Apple

The batteries produced by BYD in Shanghai are reportedly supplied to 3C (computer, communication and consumer electronics) products and the upgrade of the production line are mainly changes in technology in order to supply Apple.

Gotion Hi-Tech to Strengthen Cooperation in Engineering Energy Storage

Gotion Hi-Tech, a leading new energy enterprise, announced that it had signed a strategic cooperation agreement with Sumec, a subsidiary of China National Machinery Industry Corporation (Sinomach).

Annual Output of CATL-FAW Power Battery Exceeds 10B Yuan

On September 21, CATL-FAW Power Battery Co., Ltd., a subsidiary of leading Chinese battery firm CATL, held a ceremony during which it acknowledged "the second anniversary of production and annual output value exceeding 10 billion yuan ($1.41 billion)."

CATL’s Battery Plant in Sichuan Stops Production Due to Power Brownouts

CATL's factory in Yibin, Sichuan Province, stopped production due to power brownouts, and the duration of power brownouts rationing lasted from August 15 to August 20.

CATL’s German Plant Obtains Approval for Battery Cell Production

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.

CATL to Establish First Zero-Carbon Battery Plant

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.

Envision AESC to Supply Power Batteries to Mercedes-Benz

Luxury automotive brand Mercedes-Benz announced on Wednesday that it has reached a strategic cooperation agreement with Envision AESC, a subsidiary of Envision Group.

Envision Group to Invest $7.5B in Hubei Power Battery Plant

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.

CATL Plans to Acquire 25% Equity of Yongtai Technology’s Subsidiary for $78.3 Million

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).

Xpeng Motors Signs Battery Supply Contract With South Korea’s SK Innovation

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 Completes Seed+ Financing Round, Raising Millions of US Dollars

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.

Elon Musk: Tesla’s Second Gigafactory to be Built in China

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.

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