
Lithium Battery Cathode Firm RT Advanced Materials Bags Round-D Financing
RT Advanced Materials, a developer of lithium battery cathode materials, has recently completed D-round financing, garnering over 5 billion yuan ($739.5 million).
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RT Advanced Materials, a developer of lithium battery cathode materials, has recently completed D-round financing, garnering over 5 billion yuan ($739.5 million).
On July 6, the solid state battery joint laboratory was established by SAIC, a car company, and QingTao Energy, a developer of solid-state batteries.
Chinese battery company EVE Energy plans to sign an agreement with the management committee of Yuxi High-Tech District in Yunnan Province on matters related to the company's investment in local lithium battery production projects.
Fluctuating supply and demand within China's lithium-ion battery industrial chain has attracted widespread attention recently. Production capacity now far exceeds demand, and some entities in the sector are seemingly pursuing blind expansion and hoarding.
On Thursday, a second project jointly built by Farasis Energy, a power and energy storage battery manufacturer, and Geely Technology Group, began its construction in the Fuling District of Chongqing.
Ganfeng Lithium, a leading lithium compound manufacturer in China, will put its Cauchari-Olaroz salt lake project in Argentina into operation during the second half of this year.
Shenzhen-based automaker BYD announced on Tuesday that the 2022 BYD Song MAX DM-i, a compact multi purpose vehicle (MPV), will be officially launched on March 12.
CATL, a leading Chinese battery firm, has officially confirmed it will hold a launch event for a new battery swap brand called EVOGO on Tuesday at 3:30 p.m. Beijing time.
Chinese leading lithium-ion battery maker Sunwoda announced that its wholly owned subsidiary, Sunwoda EVB, received an investment worth 380 million from a total of 19 separate investors.
Rumors say Chinese EV and battery manufacturer BYD will supply Tesla with "blade batteries" in the second quarter of next year, and that Tesla models equipped with "blade batteries" have entered the Type C testing stage.
Shanghai's Lingang New Area held a commencement ceremony on Saturday for a group of construction projects including the "CATL (Shanghai) Smart Technology Integrated Electric Chassis Development Project".
Chinese battery giant Contemporary Amperex Technology Co., Limited (CATL) has sold 109.76 million shares at 410 yuan ($61.12) apiece in an A-share private placement, raising 45 billion yuan, it said in a statement on Wednesday.