Lithium Battery

Major Chinese battery supplier EVE continues to undertake huge capacity expansion and investment projects. On September, it released three separate announcements revealing that it has injected capital into BTR, acquired a stake in Rifu Lithium Industry, and signed agreements to build a manufacturing base in Shenyang. ...  more

Major Chinese lithium supplier Ganfeng Lithium maintains an aggressive pace in its investment activities. On September 28, it disclosed that it has signed a new strategic cooperation agreement with the government of Yichun for the joint development of a project that encompasses lithium resources, Li-ion battery materials, new types of Li-ion batteries, and products for various energy storage applications. Ganfeng signed this agreement just after it had announced a capital injection of more than RMB 6 billion into GFL International and Jiangxi Lingneng Lithium Industry. Yichun is a city in China’s Jiangxi Province. ...  more

Flow batteries are long in lifespan, and convenient in assembly and expansion, while also capable of storing 1-20 hours of batteries. Chinese vanadium redox battery (VRB) supplier Rongke Power has now constructed the largest VRB energy storage plant in Liaoning, which is scheduled to commence operation starting from October. ...  more

BTR announced on September 21 that it will partner with Heilongjiang Communications Investment Group to set up 600,000 tons per year of integrated production capacity for flake graphite and natural graphite anode materials. ...  more

GEM announced on September 28 that it together with Weiming Environment Protection and Yongqing Technology have signed two separate agreements with the government of Wenzhou’s Dongtou District and the management authority of the Wenzhou Hi-Tech Zone. ...  more

The global power battery market is growing rapidly thanks to the boom in the global EV market. At the same time, the demand gap for power batteries continues to widen. In view of this situation, battery suppliers have partnered with carmakers to develop power battery manufacturing projects. This type of joint venture is gradually emerging as a major trend. ...  more

Leading Chinese battery supplier CATL continues to aggressively pursue capacity expansion and vertical integration. CATL has recently disclosed the latest progress made in its new manufacturing projects in Yichang (Hubei Province) and Ningde (Fujian Province). ...  more

Farnlet New Energy Technology held a groundbreaking ceremony for its new production plant in the Anqing Hi-Tech Zone on September 28. The plant will be used to manufacture electrolytes for Li-ion batteries and have a production capacity of 150,000 tons per year. The Anqing Hi-Tech Zone is within China’s Anhui Province. ...  more

On September 5, representatives from Chinese EV battery manufacturer CATL and Chinese government met with representatives of Hungary’s local and national governments to sign a land pre-purchasing agreement. ...  more