Category Archives: News

Sunwoda and Dongfeng Motor to Jointly Invest RMB 12 Billion in 30GWh Power Battery Manufacturing Project

published: 2022-10-03 9:30 | editor | category: News
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

SVOLT Lands Its Second Overseas Factory in Germany as It Sprints Towards 600GWh Capacity Target

published: 2022-09-30 9:30 | editor | category: News
As the global NEV market maintains fast-pace growth, Chinese battery suppliers have begun overseas expansions in order to round out their development strategies and gain more market share. After CATL had announced on September 5 that its second factory in Europe will land in Hungary and entail an investment of CNY 50.9 billion, SVOLT confirmed on September 9 that its second overseas factory will be located in Germany. ...  more

Siemens Gamesa Expands Taichung’s Nacelle Plant by Threefold

published: 2022-09-29 9:30 | editor | category: News
Siemens Gamesa hosted the groundbreaking ceremony for the expansion of its nacelle plant in Taichung on the 21st of September, and plans to add more than threefold of land at 90,000m2. The expansion is expected to hire more than three times of local employees, as well as construct two new plants and one warehouse for local production and assembly of nacelles for offshore wind turbines. ...  more