- Xiaomi, Huawei, Geely-backed firms invest in solid-state battery maker WeLion
Beijing WeLion New Energy Technology Co., Ltd. (“WeLion”) recently introduced several new investors, including affiliated companies of Xiaomi, Huawei, and Geely.
Mar. 29 , 2022
- China’s Farasis Energy in second round of negotiations for battery price rise
Chinese power battery maker Farasis Energy is having the second round of negotiations for batter price adjustment with its OEM clients, Zhang Feng, senior vice president at Farasis Energy, said at the...
Mar. 28 , 2022
- CATL, Farasis Energy confirm battery price rise due to hike in raw materials prices
Chinese main power battery suppliers, CATL and Farasis Energy, recently confirmed their adjustment on battery prices due to the hike in raw materials prices.
Mar. 21 , 2022
- Volkswagen China to set up joint ventures with Huayou Cobalt, Tsingshan Holding Group
On March 21st, Volkswagen Group China inked two memorandums of understanding with China’s Huayou Cobalt and Tsingshan Holding Group, respectively, to strengthen the auto group’s competitiveness in...
Mar. 21 , 2022
- Sunwoda EVB to build 20GWh battery production base in Sichuan province
Sunwoda EVB will sign an agreement with the government of Shifang, a county-level city of China’s Sichuan province, for a power battery manufacturing project.
Mar. 18 , 2022
- Ganfeng Lithium scores 405% YoY surge in 2021 net profit
Jiangxi Ganfeng Lithium Co. Ltd. (Ganfeng Lithium), one of the world's top producers of automotive-grade lithium, announced on Monday its annual gross revenue in 2021 surged 102.07% year on year to ro...
Mar. 15 , 2022
- Sunwoda EVB signs agreement to build 30GWh battery production base in Zhuhai
Chinese power battery maker Sunwoda Electric Vehicle Battery Co., Ltd. (“Sunwoda EVB”) on March 11 signed an agreement with Zhuhai municipal government for the investment in a battery manufacturin...
Mar. 14 , 2022
- CATL seizes 48.02% share of China’s Feb. power battery installed capacity
In February 2022, China's power battery outputs reached 31.8GWh, soaring 236.2% year on year, while also rising 7.1% month on month, according to the China Automotive Power Battery Industry Innovation...
Mar. 14 , 2022
