CATL cuts workers’ hours as more capacity sits idle, report says
CATL's battery capacity utilization rate reached 95 percent in 2021, but fell to 60.50 percent in the first half of this year.
Power battery industry faces serious overcapacity in China, says Changan chairman
China will need 1,000-1,200 GWh of power battery capacity by 2025, but the industry is already planning for 4,800 GWh of capacity, according…
Dongfeng-Sunwoda JV’s 30 GWh battery base starts construction
The project, with a total investment of RMB 12 billion, has a planned annual capacity of 30 GWh.
Gotion to build 2 new battery projects with $1.6 billion investment
Gotion will build a 20 GWh per year power cell project in Hefei, Anhui and a 10 GWh per year project in Liuzhou, Guangxi.
Eve Energy to build $422 million battery plant in Malaysia
Eve Energy plans to build a new 21700-type cylindrical battery production facility in Malaysia to support local and Southeast Asian electric…
Sunwoda plans to build $3 billion battery base with 50 GWh annual capacity
On September 15, Sunwoda announced another RMB 12 billion investment in a power battery production base with a planned annual capacity of 30 GWh.
Svolt Energy to build 2nd plant in Germany for battery cell production
Svolt Energy previously had a plant in Germany for the production of battery packs.
Ganfeng Lithium plans to build China’s largest solid-state battery production base
Ganfeng's Chongqing-based project will have 10 GWh of battery capacity and 10 GWh of pack capacity when completed.
CATL to invest up to $2.1 billion in new production base in Shandong province
CATL will work with Shandong to promote the development of the local new energy battery and materials, battery swap and energy storage…
Gotion plans to build production base in Germany with annual capacity of 20 GWh
Gotion's planned global production capacity will reach 300 GWh by 2025, with 100 GWh in overseas markets.