Showing 12 of 221 posts with this tag
Chinese battery manufacturer CALB, which was recently listed on the Hong Kong Stock Exchange, announced on October 8 that the first batch of products from a project worth 24.8 billion yuan ($3.49 billion) in Hefei, Anhui Province, have rolled off the production line.
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.
On January 17, Chinese battery giant CATL and global leader in applied safety science UL Solutions announced a new MOU for strategic cooperation to help create safer deployment and use of battery energy storage systems (BESS) and electric vehicle batteries.
Chinese electric vehicle maker NIO announced on July 11 that the company is setting up an independent committee to oversee an investigation into allegations made in Grizzly Research's critical short-seller report.
On March 13, Chinese battery giant CATL signed a strategic partnership agreement with state-owned automobile manufacturer BAIC Group.
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.
Chinese new energy vehicle and battery giant BYD plans to invest 5 million yuan ($695,778) in an expansion project involving Shanghai BYD Co., Ltd. The eastern Chinese metropolis also hosts one of Tesla's Gigafactories in its Lingang New Area, Pudong District.
"In the last year or so, the price of lithium carbonate has exploded tenfold, and automakers are under tremendous cost pressure." Chen Hong, Chairman of SAIC Motor, said at the 2022 World New Energy Vehicle Congress on August 27.
NIO plans to build a new R&D project in Shanghai, including 31 labs for the R&D and trial production of lithium-ion battery cells and battery packs. The investment totals 218.5 million yuan ($32.75 million).
Chinese battery giant Contemporary Amperex Technology Co., Limited (CATL) recently signed a strategic cooperation memorandum with Thailand's Arun Plus to collaborate on battery-related businesses in the region
Spy photos of the first vehicle model created by a trio of Chinese companies, including automaker Chery, tech giant Huawei and battery maker CATL, have surfaced on the internet.
On September 18th, CATL announced that they are currently collaborating on the development of a civilian electric passenger aircraft project. They are implementing aviation-grade standards and testing to meet aviation-level safety and quality requirements.