Battery Archives - Page 9 of 12

SVOLT and CATL Reach Settlement on Unfair Competition Case

After nearly half a year, the lawsuit between battery developer SVOLT and industry giant CATL has come to an end.

Scale of China’s Power Battery Recycling Market to Exceed $5.93B in 2025

Gao Weiqiao, deputy general manager of Huayou Recycling Technology, a power battery recycling enterprise, said at the 7th International New Energy Conference held on July 15 that the power battery recycling field has become a new emerging market unto itself.

NIO-Backed Weineng Enters New BaaS Cooperations

A signing ceremony was held in Wuhan, China on July 12, during which NIO-backed Weineng Wuhan Battery Asset Co., Ltd. entered into cooperation agreements with upstream and downstream partners across the industrial chain.

Lanli Energy Bags Tens of Millions of Yuan in Angel-Round Financing

Lanli Energy, a Chinese mobile energy services provider, announced on July 12 that it has received tens of millions of yuan in angel-round financing, led by BlueRun Ventures.

Chinese Firms Test Lithium Manganese Iron Phosphate Batteries

Lithium manganese iron phosphate batteries from Contemporary Amperex Technology Co., Ltd. (CATL), Sunwoda and EVE Energy Co., Ltd. have passed pilot scale tests in the first half of this year.

CATL Tops Chinese Domestic Power Battery Installations in June

On July 11, the China Automotive Battery Innovation Alliance (CABIA) announced the top 15 domestic power battery installation enterprises in June. Among them, CATL ranked first with a proportion of 49.60%.

NIO Launches Independent Probe Into Grizzly Short-Seller Report

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.

Ganfeng Lithium Acquires Argentina-Focused Lithea for $962M

On July 11, Chinese battery materials giant Ganfeng Lithium announced that its board of directors agreed that Ganfeng International, a wholly-owned subsidiary, would acquire Argentina-focused Lithea Inc. for up to $962 million.

IoT PaaS Provider Dudu Huandian Completes 40 Million Yuan Financing

Dudu Huandian, an IoT PaaS service provider, has recently completed two rounds of financing, totaling 40 million yuan ($5.95 million).

Lithium Battery Startup Cospowers Technology Secures Round-D Financing

Cospowers Technology, a scientific and technological enterprise in the lithium battery industry, announced on July 1 that it had completed D-round financing totaling several hundred million yuan.

GAC Group Releases New Battery Technology

Chinese automotive maker GAC Group on Tuesday unveiled its next-generation super-energy lithium iron battery, based on microcrystalline technology.

Gotion High-Tech to Build Lithium Carbonate Facility in Argentina

On June 24, Gotion High-Tech America and Argentinian state-owned mining company Jujuy Energía y Minería Sociedad del Estado (JEMSE) signed an agreement to establish a joint venture in Argentina.

Chairman Robin Zeng: CATL Is Developing Condensed Matter Batteries

Robin Zeng, Chairman of Chinese battery giant CATL, revealed that in addition to all-solid-state batteries and semi-solid-state batteries, previously unheard-of condensed matter batteries are now under development at CATL.

Li Auto Pure EV Might Use CATL’s Kirin Battery

CATL released the third generation of its Kirin battery with CTP technology. Li Xiang, the founder, Chairman and CEO of Li Auto, later reposted a related news and commented "See you next year", suggesting next year's pure electric model of Li Auto would have Kirin batteries.

Battery Giant CATL Sells Shares at $61 Apiece in A-share Private Placement

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.

Sunwoda Subsidiary Establishes Power Battery Joint Venture

Power battery manufacturer Sunwoda announced on June 17 that its subsidiary Sunwoda Electric Vehicle Battery Co., Ltd. (Sunwoda EVB), jointly invested with other two vehicle makers, is setting up a joint venture company.

NIO Unveils Patent for Cylindrical Batteries

An Anhui subsidiary of Shanghai-based new energy vehicle firm NIO released a patent regarding a "cylindrical battery" on Tuesday. This patent is expected to solve the problem of a low utilization rate in the effective height of a battery cell.

CATL Chief Scientist Wu Kai: Upcoming Release of CTP 3.0 Battery

Wu Kai, chief scientist at CATL, said at the 2022 World EV & ES Battery Conference on Thursday that the CTP 3.0 battery, or Kirin battery, will soon be released.

BYD Chairman: NEV Industry’s Future Lies in Intelligence

Chinese electric vehicle maker BYD held its 2021 annual stockholders meeting on Wednesday. Wang Chuanfu, Chairman of BYD, said at the meeting that the first half of developing new energy vehicles is electrification and the second half is intelligence.

BYD Says it will Supply Batteries to Tesla but Tesla Says ‘No’

Lian Yubo, Executive Vice President of Chinese automaker BYD and President of BYD's Automotive Engineering Research Institute, said that BYD will supply batteries to Tesla. Regarding this news, a Tesla spokesperson responded to domestic media on Thursday, saying, "We have not heard this information."

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