Articles Tagged with "Battery"

Volkswagen China to set up joint ventures with Huayou Cobalt, Tsingshan Holding Group
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 the electric mobility field.

Mar. 21 , 2022
Sunwoda EVB to build 20GWh battery production base in Sichuan province
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
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 roughly 11.162 billion yuan ($1.755 billion).

Mar. 15 , 2022
China’s Sunwoda EVB to plow 12 billion yuan in building 30GWh power battery plant
China’s Sunwoda EVB to plow 12 billion yuan in building 30GWh power battery plant

Sunwoda Electric Vehicle Battery Co., Ltd. (“Sunwoda EVB”) is ready to sign an agreement with the Zhuhai municipal government to build a power battery manufacturing base in the city of China’s Guangdong province.

Mar. 2 , 2022
Farasis Energy says revenue in 2021 surges YoY, but net loss widened
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 million).

Feb. 28 , 2022
Li Auto invests in power battery maker Sunwoda EVB
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