Battery Maker SVOLT Gets Green Light for IPO to Raise $2B
The public listing of SVOLT, a Chinese lithium-ion battery systems provider, was approved by the Shanghai Stock Exchange on November 18.
Tag: #Battery
Showing 12 of 221 posts with this tag
Tianqi Lithium Denies Investing in Mercedes-Geely Smart Venture
On May 4, Tianqi Lithium, a Chinese mining and manufacturing company, denied rumors that it was considering investing in Smart Automobile, stating that "we have no information to disclose on this matter."
5/4/20232 min read
Chinese Battery Giant CATL Starts Hungarian Factory Project
CATL, a leading Chinese power battery manufacturer, signed a pre-purchase agreement in Debrecen, eastern Hungary, on September 5, marking the official start of CATL's Hungarian factory project.
9/6/20223 min read
NIO Invests $273M to Set Up Battery Tech Firm
A new entity called NIO Battery Technology (Anhui) Co., Ltd. was established on October 21, with NIO founder William Li serving as chairman and with registered capital of 2 billion ($273 million). The company is 100% controlled by EV firm NIO.
The First Battery Pack of the SVOLT Thailand Factory Has Been Successfully Produced
On December 20th, SVOLT held the first battery pack offline ceremony in Sriracha Chonburi, Thailand.
Samsung's Lee Jae-yong Vsits China After Three Year Absence
President Lee Jae-yong flew to Beijing by chartered plane on the afternoon of 23rd. This is Lee Jae-yong's second visit to China in nearly three years after inspecting the Samsung Xi'an Semiconductor Factory in May 2020.
BYD Blade Battery to Enter India in Partnership With Toyota
BYD's FinDreams Battery, the production base for the blade battery, is recruiting customs and logistics workers who are familiar with the import and export policies of the Indian market.
2/22/20223 min read
BYD Denies Rumors About Progress of Solid-State and Sodium-Ion Batteries
On November 22, Chinese electric vehicle maker BYD denied recent rumors that its solid-state batteries are about to be loaded into vehicles and that its sodium-ion batteries are entering the test stage.
11/22/20223 min read
Schneider Electric, CATL Reach Strategic Cooperation to Promote Replacement of Lead-acid Batteries with Lithium Batteries
Schneider Electric and CATL will cooperate in the fields of green smart factories, new energy power generation, safety electricity use, and energy storage.
8/5/20202 min read
Xiaomi Auto to Use Batteries from CATL and BYD
Power batteries are one of the core components of Xiaomi Auto, and the company has finalized two suppliers, CATL and FinDreams Battery, which is owned by BYD.
CATL to Unveil Kirin Battery Model on August 27
Chinese power battery giant CATL has announced plans to hold a launch event for vehicles equipped with its Kirin battery on August 27.
8/26/20223 min read
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.