- Farasis Energy says revenue in 2021 surges YoY, but net loss widened
Chinese power battery maker Farasis Energy (Ganzhou) Co., Ltd. (“Farasis Energy”) announced today its full-year revenue in 2021 surged 203.97% year on year to around 3.403 billion yuan ($538.71 mi...
Feb. 28 , 2022
- Li Auto invests in power battery maker Sunwoda EVB
Chinese power battery maker Sunwoda Electric Vehicle Battery Co., Ltd. (“Sunwoda EVB”) will increase capital by introducing 19 investors.
Feb. 25 , 2022
- Advancing power battery technology: review of Chinese firms’ breakthroughs in 2021
Let's step back and take a look at what innovative technologies and breakthroughs were made for automotive power batteries in China in 2021.
Feb. 23 , 2022
- China’s NEV battery maker CALB gets 5 billion yuan of loans from banks
On Feb. 21, China Lithium Battery Technology Co., Ltd. (“CALB”) signed a cooperation agreement with several banks (“the bank group”), who agreed to issue 5 billion yuan ($790.551 million) wort...
Feb. 22 , 2022
- China’s EVE Energy to build two JVs in Yunnan for power battery R&D, sale, production
Huizhou EVE Energy on Feb. 16 signed an agreement with the municipal government of Yuxi city and three firms to cooperate on a new energy vehicle (NEV) battery project.
Feb. 18 , 2022
- Toyota-backed auto battery maker PPES raising production capacity in China’s Dalian
Prime Planet Energy & Solutions (PPES), a battery joint venture between Toyota Motor Corporation (Toyota) and Panasonic Corporation, is ready to ramp up its production capacity of automotive batteries...
Feb. 16 , 2022
- Envision AESC breaks ground on Wuxi battery manufacturing base’s 2nd phase
Envision AESC, the battery technology unit of Envision Group, on Monday started construction of the second phase of its manufacturing base in Wuxi city, Jiangsu province to produce the company's new-g...
Feb. 08 , 2022
- China’s CALB starts building Xiamen battery base’s 3rd phase to add 40GWh production capacity
On Feb. 7, China Lithium Battery Technology Co., Ltd. broke ground on the third phase of its power battery manufacturing base in Xiamen city, Fujian province.
Feb. 08 , 2022
