Lithium Battery

On December 26, a ceremony was held to mark the groundbreaking of a major battery production base in Tangshan, China’s Hebei Province. The project is being developed by Yaoning Technology, an offspring of Geely Holding Group. ...  more

Scientists, in the midst of numerous battery energy storage technology in the new era, have placed high hopes on lithium batteries, and are looking to further prolong the battery of smartphones and the driving range of EVs by improving energy density. South Korean scientists have now proposed a new electrolyte solution that increases the stability of lithium batteries. ...  more

Enpack, a major Chinese supplier for metal packaging solutions, announced on December 23 that it signed a letter of intent on cooperation with the administration of Gaoyou Development Zone. According to this letter, Enpack will invest around RMB 3 billion to build a plant for manufacturing composite copper foil and aluminum foil used in Li-ion batteries that power new energy vehicles. The Gaoyou Development Zone is located in China’s Jiangsu Province. ...  more

The demand for batteries is bound to surge under the continuously robust development of EVs in the future. South Korean battery company LG Energy Solution (LGES) announced to invest KRW 4 trillion (approx. US$3.1 billion) between 2022 and 2026 in expanding its production of EV cylindrical batteries in the country. ...  more

On December 4, Shanghai Pret Composites Co. Ltd. announced that its holding subsidiary Jiangsu Highstar Battery Manufacturing Co. Ltd. will build a new “digitalized” factory for the production of Li-ion and Na-ion batteries. ...  more

On December 9th, 2022，EVE issued an announcement on the issuance of convertible corporate bonds to unspecified objects. 3 billion yuan will be used for the 21GWh large cylindrical passenger car power battery project. The 23GWh cyl...  more

High flammability has been the biggest problem that needs to be solved for lithium-ion batteries. A few days ago, a research team in Stanford University made a breakthrough by developing a non-flammable electrolyte that prevents the battery from catching fire even when exposed to flame. The researchers solved the long-standing safety issue associated with lithium-ion batteries by using a simple tactic: adding more salt. ...  more

Various businesses, in the midst of the increasing demand for lithium-ion batteries, are hoping to grasp on the “platinum” supply chain in the new era. Green Lithium will be constructing the first large lithium refinery in England that aims to attain an annual capacity of 50K tons. ...  more

Due to the boom in the market for energy storage technologies, the competition in the market segment for Na-ion batteries is also heating up and attracting investors that are not established participants in the battery industry. ...  more