Articles Tagged with "Battery"

EV battery supplier CATL says H1 net profit likely to surge 120%-150% year on year
EV battery supplier CATL says H1 net profit likely to surge 120%-150% year on year

Chinese EV battery maker CATL forecast a net profit of RMB2,004,099,400 to RMB2,277,385,700 attributable to shareholders of the public company for the first half of 2019, a year-on-year leap of 120% to 150%.

Jul. 15 , 2019
China annuls “white list” of recommended EV battery suppliers, MIIT
China annuls “white list” of recommended EV battery suppliers, MIIT

China has scrapped the “white list” of recommended battery suppliers on June 21, China’s Ministry of Industry and Information Technology (MIIT) announced on the same day.

Jun. 25 , 2019
Volkswagen Claims It Secured Battery Cell Supply For EV Offensive
Volkswagen Claims It Secured Battery Cell Supply For EV Offensive

At least for the first wave of new models in the first years of the plan. The scale will require more permanent negotiations in the next 3-5 years.

Jun. 25 , 2019
Geely’s new energy battery research institute in Jiaxing to start operation in 2019
Geely’s new energy battery research institute in Jiaxing to start operation in 2019

Geely Technology Group (Geely Tech) signed on April 29 an agreement with local government of Xiuzhou District, Jiaxing, Zhejiang Province to build a new energy battery research institute at Xiuzhou Hi-tech Industrial Development Zone.

May 5 , 2019
NIO ES8’s burning incident results from battery short circuit caused by chassis impact
NIO ES8’s burning incident results from battery short circuit caused by chassis impact

China’s EV startup NIO said a firing incident occurring to an ES8 SUV on April 22 resulted from short circuit after the battery pack was struck by chassis impacts, which was unlike most accidents that were caused by battery quality.

May 1 , 2019
CATL announces JV contract with FAW Group for power battery production, sales
CATL announces JV contract with FAW Group for power battery production, sales

CATL announced on April 25 that it has signed a contract with the state-owned carmaker FAW Group to jointly set up a company focusing on production and sales of power batteries.

Apr. 26 , 2019