Lithium Battery

From electric supercars to commercial automotive and battery energy storage systems, XING Mobility not only showcased its IMMERSIO Cooling Battery today (14th), but also announced an expansion of its overseas markets by offering patented batteries of mobile high-voltage charging piles for Nordic Booster at 2MWh, which is equivalent to the monthly power consumption of more than 100 households. ...  more

PTL announced in February that its board members had approved the plan to spin off the company’s subsidiary KATOP and have it listed in a domestic stock exchange. In order for KATOP to become a separate limited holding company, PTL will also undergo a shareholding restructuring. ...  more

On March 7, Vision Group announced in a public notice that the company plans to sign a project investment agreement for a 5GWh Li-ion battery production line with the government of Jingshan. The total fixed asset investment of the project will come to around 1.05 billion yuan, the majority of which will be allocated to the setup of the production line. Jingshan is a county-level city in China’s Hubei Province. ...  more

Discarded EV batteries are still functional as li-ion batteries are advantageous in low discharge rate, long life cycle, as well as high energy density in energy storage efficiency. Both EVs and large energy storage equipment are highly dependent on li-ion batteries. ...  more

The demand for batteries has been rising alongside trends of energy transformation and net-zero emission, where major materials contained within batteries, including lithium, nickel, cobalt, and graphite, are becoming increasingly scarce and exorbitant, which is why the recycling of batteries has become an emphasis for the future. ...  more

Chinese printing company DFP announced on January 30 that its holding subsidiary Bosheng Advanced Materials will be setting up a base in the Loudi Economic and Technological Development Zone for the development and manufacturing of materials used in Li-ion batteries that are equipped in EVs and energy storage systems. ...  more

Battero Tech and Sinotek New Energy held a conference on February 3 to discuss joint opportunities across the Li-Ion battery industry chain. Topics that they covered include fundraising activities, material procurements, battery cell supply, energy storage solutions, and integrated manufacturing. At the conclusion of the event, both parties signed a strategic cooperation agreement and a framework agreement for the procurement of 3GWh of battery cells in 2023. ...  more

CANMAX announced on January 29 that a lithium hydroxide plant being developed by its subsidiary in Sichuan has entered the pilot production phase. The main pieces of equipment have been installed and calibrated. The production capacity of the plant is 60,000 tons per year for battery-grade lithium hydroxide. ...  more

JSMC announced in early February that it will be raising its production of lithium carbonate. Therefore, it will set up a lithium carbonate project in Gao’an, a county-level city under the administration of the prefecture-level city of Yichun in China’s Jiangxi Province. The annual production capacity of the project is set at 30,000 tons, and the planned total investment is capped at RMB 650 million. ...  more