On June 12, Guangdong Songfa Ceramics made an announcement stating its intention to acquire a stake in Anhui EVPS Power Battery from Ningbo EVPS Energy Storage System. The percentage of the stake would be no less than 51% and no more than 76.92%. ...  more
Lithium Battery
Replacing Undersea Cables with Direct Battery Transport, Japan’s PowerX to Begin Testing Battery Ship in 2026 |
published: 2023-06-23 9:30 |
In an ambitious plan set to redefine the mechanisms of power transmission, Japan’s PowerX is charting a novel course. The company is on track to unveil its groundbreaking Battery Tanker X, a 140m long sea-bound power station, in 2026. ...  more
DFP Commences Construction on Phase 2 of Its Battery Separator Project in Jiangsu |
published: 2023-06-21 9:30 |
DFP, the leading producer of cigarette packages in China, is accelerating its expansion into the field of Li-ion batteries. On June 3, the company announced that a groundbreaking ceremony had been held to mark the start of construction for the phase 2 of its separator manufacturing base in Yancheng, which is a city in China’s Jiangsu Province. DFP’s subsidiary Bosheng is in charge of the construction and operation of the base. ...  more
Fangyuan Group Plans to Raise RMB 1.886 Billion for Funding Project Related to Battery Materials |
published: 2023-06-17 9:30 |
On June 11, Guangdong Fangyuan New Materials Group announced that it plans to raise no more than RMB 1.886 billion. This amount will be used to do two things. ...  more
EVE Formally Invests in Cylindrical Battery Project in Hungary and Acquires Land for New Project in Malaysia |
published: 2023-06-13 9:30 |
Chinese suppliers for Li-ion batteries are actively internationalize their operations and form strategic partnerships with foreign companies involved in the upstream and downstream sections of the industry chain. On June 8, EVE announced two new developments in its ongoing overseas expansion. ...  more
Gotion High-Tech Signs MoU with Moroccan Government for New NEV Power Battery Base |
published: 2023-06-13 9:30 |
The Morocco Agency for Investments and Exports announced on June 1 that the Moroccan government and Gotion High-Tech have signed a MoU for investigation of the possibility of building a major base in the country for the manufacturing of NEV power batteries. ...  more
CNNC Hua Yuan Titanium Dioxide Plans to Acquire Controlling Stake in Zhaoqing Helin Liye Technology and Establish Battery Business |
published: 2023-06-13 9:30 |
On June 5, CNNC Hua Yuan Titanium Dioxide Co. Ltd. announced that it has entered into an agreement with all the shareholders of Zhaoqing Helin Liye Technology Co. Ltd. ...  more
Fengyuan Lithium Energy Technology Plans to Invest Integrated Production Base for Manufacturing Cathode Materials in Yunnan |
published: 2023-06-12 9:30 |
On June 8, Shandong Fengyuan Chemical announced that its wholly-owned subsidiary Shandong Fengyuan Lithium Energy Technology would be signing an investment agreement with the government of Gejiu. Located within China’s Yunnan Province, Gejiu is a county-level city that has a large mining industry. ...  more
CNNC Hua Yuan Titanium Dioxide Plans to Acquire Controlling Stake in Zhaoqing Helin Liye Technology and Establish Battery Business |
published: 2023-06-09 9:30 |
On June 5, CNNC Hua Yuan Titanium Dioxide Co. Ltd. announced that it has entered into an agreement with all the shareholders of Zhaoqing Helin Liye Technology Co. Ltd. ...  more
HDRE, TPK, and SEEC Teamed up for Energy Storage Development |
published: 2023-06-08 9:30 |
HD Renewable Energy (HDRE), TPK Holding (TPK), and Shilin Electric and Engineering Corporation (SEEC) have teamed up as a national energy storage team, and aim to penetrate the global market. ...  more