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Contemporary Amperex Energy Service Technology Ltd., a wholly-owned subsidiary of Contemporary Amperex Technology Co. Ltd., launched on Tuesday a new service for electric vehicles called EVOGO featuring modular battery swapping.
Chinese energy battery giant CATL's battery factory in Debrecen, Hungary will officially begin construction this summer, with trial operations starting next year and production beginning in 2025.
On July 28, four Chinese companies, including battery firms Gotion High-Tech and Ningbo Shanshan, electronic waste recycling firm GEM, and building materials machinery manufacturer Keda Industrial were officially listed to the SIX Swiss Exchange.
Power battery manufacturer CATL will begin mass production of sodium-ion batteries for vehicles in the fourth quarter of this year. BYD's self-developed sodium-ion battery will also enter mass production later this year.
Shanghai-based internet company 2345 Network Holding Group announced on Thursday that its wholly-owned subsidiary has recently invested in a partnership alongside institutions such as battery giant CATL and Guoce Capital.
Battery module factories have been notified that the prices of cylindrical lithium battery cells will rise again by 5%-15% early next year due to the rising downstream demand for electric vehicles and energy storage.
South Korean firm SNE Research released its global rankings on August 2 of power battery companies by installed capacity during the first half of 2022, showing CATL, LG Energy Solution and BYD in the top three spots.
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.
Sunwoda, a leading Chinese battery company, announced on November 6 that its subsidiary Sunwoda Electric Vehicle Battery (Sunwoda EVB) will serve as a mass production supplier of battery pack systems for Volkswagen AG's HEV project.
Rumors have circulated that CATL, China's top power battery manufacturer, faced opposition from Hungarian locals over environmental concerns and that the construction of its second European factory has been halted.
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.
On August 12, CATL, a Chinese power battery giant, approved a proposal on investing in the construction of a new energy battery plant in Hungary. The plant will be CATL's second in Europe, in addition to its German plant.