Articles Tagged with "battery"

Advancing power battery technology: review of Chinese firms’ breakthroughs in 2021
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
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) worth of loans to the power battery maker.

Feb. 22 , 2022
China’s EVE Energy to build two JVs in Yunnan for power battery R&D, sale, production
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
Farasis Energy’s 2021 net loss forecasted to widen to 1.1 billion yuan
Farasis Energy’s 2021 net loss forecasted to widen to 1.1 billion yuan

Farasis Energy (GanZhou) Co., Ltd. forecasted on Jan. 29 a net loss of 800 million yuan ($125.76 million) to 1.1 billion yuan ($173 million) attributable to shareholders for the year of 2021.

Jan. 29 , 2022
CALB to build 100GWh power battery, energy storage system bases in Guangzhou, Jiangmen
CALB to build 100GWh power battery, energy storage system bases in Guangzhou, Jiangmen

CALB signed two investment agreements this week for the plans to build power battery and energy storage system manufacturing bases in Guangzhou and Jiangmen cities of Guangdong provinces.

Jan. 27 , 2022
Ganfeng Lithium’s net profit in 2021 expected to soar up to 436.76% YoY
Ganfeng Lithium’s net profit in 2021 expected to soar up to 436.76% YoY

Ganfeng Lithium announced on Monday it annual net profit attributable to shareholders in 2021 is forecasted to be 4.8 billion yuan ($757.875 million) to 5.5 billion yuan ($868.4 million), soaring 368.45% to 436.76% year on year.

Jan. 24 , 2022