News

Two More Billion-Yuan Battery Manufacturing Projects Have Landed in China

published: 2023-06-08 9:30
Due to the promotion of policies related to capping and reducing carbon emissions, the global market for energy storage technologies is experiencing rapid growth. Many companies have also entered the related supply chains as they sense huge business opportunities. On May 22, Chinese battery suppliers Great Power and Zhuhai CosMX Battery announced their new battery manufacturing projects that are worth billions of yuan in investments. Both projects will be focusing on energy storage batteries. ...  more

Ronbay Technology and EVE Establish Strategic Partnership

published: 2023-06-07 9:30
Ronbay Technology announced on May 29 that it has signed a strategic cooperation agreement with EVE, thereby cementing their partnership in the Li-ion battery industry. The agreement contains three areas for collaborations: ...  more

EVE Begins Construction on Its Battery Production Plant in Hungary

published: 2023-06-07 9:30
Chinese battery manufacturer EVE held a groundbreaking ceremony for its production plant in Hungary on May 30. The plant is located in an industrial park in the north part of the city of Debrecen. It is also adjacent to a vehicle production plant operated by BMW. Hence, it is highly likely that the EVE’s plant will supply the batteries for BMW’s electric cars. ...  more

Is the Next Showdown Brewing Over Budget Micro Electric Cars?

published: 2023-06-06 9:30
The rapid strides made in the EV sector are unmissable. Although there is a range of high-priced, luxury models packed with advanced technology and superior performance, many consumers eagerly await the advent of more economical, everyman EVs. Yet, before those make their debut, several automakers are vying for dominance in the more affordable micro EV market. ...  more

Huayou Cobalt Completes New Lithium Salt Project in Guangxi

published: 2023-06-06 9:30
On May 31, Huayou Cobalt’s wholly-own subsidiary Guangxi Huayou Lithium held a ceremony to mark the completion of a lithium salt project that has production capacity of 50,000 tons per year. The project is the Huayou Cobalt’s first business operation for manufacturing lithium salts in China. Following this event, the project will be undergoing pilot production and equipment calibration. ...  more