- NEV solid-state battery likely to realize industrialization in 2030 in China: auto think tank
Solid-state batteries used for new energy vehicles (NEVs) are expected to advance into industrialization process in 2023, according to a report released by Chinese automotive think tank, Automotive Da...
Dec. 14 , 2021
- Sunwoda to build 30GWh power, energy storage battery production base in Zaozhuang
Sunwoda will set up a subsidiary responsible for the building of a power battery and energy storage battery manufacturing base with an annual capacity of 30GWh in Zaozhuang, Shandong province.
Dec. 14 , 2021
- CATL, SAIC Motor’s JV UABC has 16GWh cell production lines under construction
United Auto Battery Corp. United Auto Battery Co., Ltd. (UABC) has reached an annual battery cell production capacity of 26GWh and has begun building the second phase of 16GWh cell manufacturing lines...
Dec. 13 , 2021
- GWM-backed battery maker SVOLT bags 6 billion yuan in B+ funding round
SVOLT, a GWM (Great Wall Motor)-linked Chinese power battery maker, has secured 6 billion yuan ($942.11 million) in a B+ funding round, the company announced a few days ago via its WeChat account.
Dec. 13 , 2021
- GWM-backed battery maker SVOLT to raise annual capacity to 600GWh by 2025
SVOLT, a Chinese power battery manufacturer carved out of GWM, is ambitious to accomplish an annual power battery capacity goal of 600GWh by 2025, the company said on Dec. 8, significantly rising from...
Dec. 09 , 2021
- Geely Technology to build 12GWh power battery base in Chongqing
Geely Technology Group, a subsidiary of Zhejiang Geely Holding Group (Geely Holding), plans to build a 12GWh power battery manufacturing plant in Fuling district, Chongqing city.
Nov. 29 , 2021
- CATL shrinks amount of capital to be raised
CATL announced on Monday it has changed the amount of the capital it wishes to fetch from specified investors to 45 billion yuan ($7.051 billion) from the previously expected 58.2 billion.
Nov. 16 , 2021
- Sunwoda, Wuling Industrial attempt to build JV for NEV power battery system
Wuling Industrial has entered into an MoU with Sunwoda EV Battery for a possible investment and establishment of a joint venture dedicated to manufacturing power battery system products for new energy...
Nov. 11 , 2021
