EV battery maker CALB plans HK IPO, aims to raise $1 billion
CALB is the third largest EV battery maker in China, with a market share behind CATL and BYD.
Svolt Energy begins construction of new $1.57 billion battery plant
The plant has a planned annual capacity of 22.3 GWh and is expected to be fully operational by the first half of 2023.
EV battery maker Farasis Energy has reportedly sent samples of semi-solid-state batteries to Mercedes-Benz
Farasis Energy has sent samples of its first-generation semi-solid-state battery with an energy density of 330Wh/kg to Mercedes-Benz, which…
China’s Gotion inks EV battery supply deal with unnamed US automaker
Gotion will secure the number of batteries required by the customer, which expects to purchase no less than 200 GWh in total, from 2023-2028.
Svolt charges up global EV battery race with $943 million in new funding
The newest entrant from China thinks it could take up nearly a third of the global market over the next five or six years.
Volkswagen China officially becomes largest shareholder of EV battery maker Gotion High-Tech
The number of shares held by Volkswagen China in Gotion has increased to 441 million shares, raising its stake to 26.47 percent.
BAIC BluePark says it has completed development of 2nd-gen solid-state battery cells
BAIC BluePark says its planned third-generation solid-state battery technology will be used in a new Arcfox-branded model with a cell energy…
Svolt Energy closes about $940 million in Series B+ financing
The funds will be used mainly to develop new technologies and build new production bases and R&D centers.
Lithium supplier Ganfeng unveils its first-gen solid-state battery
Dongfeng Motor's E70 model will be the first to use the battery and is expected to be delivered before the Chinese New Year, which arrives in…
LFP battery installations in China surpass ternary batteries for fifth consecutive month
From January to November, the cumulative installations of LFP batteries was 64.8 GWh, also surpassing the 63.3 GWh of ternary materials for…