Battery Archives - Pandaily

Battery Giant CATL Supports IPOs of Raw Material Suppliers

With the development of the new energy vehicle market, the number of listed enterprises with operations in the lithium industry is increasing. As a global battery leader, CATL has supported the public listing targets of its own raw material suppliers.

CATL Subsidiary Plans New Lithium Salt Project

A subsidiary of Chinese leading battery maker CATL has planned a new lithium salt project that could house as much as 110,000 tons in Longyan City, Fujian Province.

CATL to Build 13th Battery Production Base

China's leading battery company CATL announced on September 28 that it will build a battery production base in Luoyang, Henan Province with a maximum investment of 14 billion yuan ($1.95 billion).

CATL Advances $4.4B New Energy Industrial Park Project

Leading Chinese battery firm CATL held an event regarding trial production of the Brunp Recycling Project and the commencement of a new phase in the CATL-BRUNP Integrated New Energy Industrial Park, which has total investment of 32 billion yuan ($4.42 billion).

Battery Firm EVE Energy to Invest Over $1.38B on Production Expansion

An investment roadmap released on September 27 by Chinese battery company EVE Energy, which has a market value of over 170 billion yuan ($23 billion), has offered further insight into the potential of the lithium industry.

Fake Subsidiary Emerges as BYD Largely Invests in Battery Industry

Recently, a little-known small company in Nanning, Guangxi Province, has received some attention due to its claim to be wholly-owned by BYD. According to public information, BYD has made frequent investments in the city throughout the year.

Huawei’s Car-Making Partner Seres to Work with CATL on M3P Battery

On September 23, Chinese auto maker and Huawei's vehicle manufacturing partner Seres said on an investor interaction platform that it is working with CATL on the new M3P battery.

CATL Wins 10GWh Order for Liquid-Cooling Energy Storage Products

China's leading battery maker CATL announced on September 22 that it has agreed with FlexGen, a US-based energy storage technology company, to supply it with 10GWh of EnerC containerized liquid-cooling battery systems over the course of three years.

SAIC Motor, CATL and Others Set Up Joint Battery Swapping Firm

Chinese automotive giant SAIC Motor announced on September 22 that it has jointly established a battery swapping firm alongside Sinopec, PetroChina, CATL and Shanghai International Automobile City.

Chinese Second- and Third-Tier Battery Firms Look to Gain Market Share

Chinese second- and third-tier battery manufacturers have been ramping up production and accelerating their overseas presence this year, vying for market share alongside first-tier players such as CATL and BYD.

New Energy Storage Firm WeView Bags $56.8M in Several Rounds of Financing

WeView, a Shanghai-based new energy storage enterprise, announced on September 21 that it had completed several rounds of financing in six months, with a total amount exceeding 400 million yuan ($56.8 million).

Sodium-Ion Batteries Draw Attention in China as Lithium Prices Soar

As tight supply of lithium resources sends prices skyrocketing, more cost-effective sodium-ion batteries are now attracting the attention of various parties within the Chinese market.

Sunwoda EVB and Partners to Invest $1.71B in Joint Battery Project

The electric vehicle battery subsidiary of Shenzhen-based Sunwoda will jointly invest about 12 billion yuan ($1.71 billion) alongside three other parties to build a 30GWh battery production base, according to an announcement on September 15.

BYD’s Board Secretary Responds to Rumored US Ban on Chinese Batteries

On the evening of September 14, a rumor that the Inflation Reduction Act recently passed by the United States government will ban Chinese batteries after 2024 spread wildly on Chinese social media. The potential policy was then repudiated by the Secretary of the Board of BYD.

BYD’s Three Battery Projects in Guangxi Surpass Production Capacity of 60GWh

Three battery projects belonging to Chinese electric vehicle firm BYD in the country's southern Guangxi Zhuang Autonomous Region have reportedly made new progress, intended to provide support for the EV maker's exploration of ASEAN markets.

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