Articles Tagged with "battery"

BMW intends to have EVE Power as second local battery supplier for China market
BMW intends to have EVE Power as second local battery supplier for China market

On July 21, EVE Energy announced that its subsidiary EVE Power Co.,Ltd. has received a statement of intent to cooperate which said BMW Brilliance Automotive Ltd. is interested in partnering with EVE Power to let the latter be its battery supplier.

Jul. 22 , 2020
Gotion High-Tech starts constructing eighth battery manufacturing base
Gotion High-Tech starts constructing eighth battery manufacturing base

Gotion High-Tech, China’s No.3 battery maker, celebrated on July 20 the first spade cut for its battery manufacturing base in Liuzhou, Guangxi Zhuang Autonomous Region, according to a posting on the company’s WeChat account.

Jul. 21 , 2020
SGWM launches energy storage station featuring battery cascade utilization
SGWM launches energy storage station featuring battery cascade utilization

SAIC-GM-Wuling (SGMW), a joint venture among General Motors, SAIC Motors and Liuzhou Wuling Motors, celebrated on June 30 the launch of a large-scale energy storage power station that achieves cascade utilization of power batteries in Guangxi.

Jun. 30 , 2020
Volkswagen Group China becomes largest shareholder of China’s No.3 battery maker
Volkswagen Group China becomes largest shareholder of China’s No.3 battery maker

Volkswagen Group China is about to acquire a 26.47% stake in Gotion High-Tech, China’s No.3 battery maker, becoming the latter’s biggest shareholder, according to an announcement released by Gotion High-Tech on May 28.

May 29 , 2020
CATL to raise 19.7 billion yuan for battery capacity expansion projects
CATL to raise 19.7 billion yuan for battery capacity expansion projects

CATL, the global leading EV battery manufacturer, lowered the maximum amount of the capital it intends to raise from a non-public issuance of stocks to 19.7 billion yuan ($275,285,830) from 20 billion yuan ($27,947,800).

May 28 , 2020
Tesla said to introduce China-built Model 3 powered by LiFePO4 battery
Tesla said to introduce China-built Model 3 powered by LiFePO4 battery

The China-made Tesla Model 3 powered by lithium iron phosphate (LiFePO4) batteries has reportedly appeared in a catalogue issued by China's Ministry of Industry and Information Technology (MIIT) on May 15.

May 15 , 2020