News

CYG Commences Construction on New LFP Cathode Project in Jiangxi

published: 2023-05-29 9:30
In May, an event was held to the market initiation and completion of several industrial manufacturing projects located in the National Nangchang Xiaolan Economic and Technological Development Zone. Among these projects are an LFP cathode project that is being developed by KingLi Techology (KTC), a holding subsidiary of Changyuan Technology Group (CYG). Nanchang is the capital of China’s Jiangxi Province. ...  more

Ford’s EVs to Use Tesla’s Superchargers

published: 2023-05-26 9:30
The two US automotive manufacturers that have been under constant shouting matches over the past two years have seemingly mitigated their hostile relationship recently. Jim Farley, CEO of Ford, commented when the two CEOs of the two companies had a talk on Twitter that Ford’s EVs will be able to use Tesla’s Superchargers starting from next year. ...  more

Changyuan Lico Plans to Build Cathode Production Base in Fujian

published: 2023-05-23 9:30
On May 17, Changyuan Lico announced that it has signed a letter of intent for investment with the government of Fuqing. According to the letter of intent for investment, Changyuan Lico plans to spend RMB 10 billion to build a base for manufacturing advanced materials that are used in high-performance Li-ion batteries. These products include ternary cathode materials, ternary precursors, and LFP cathode materials. Fuqing is a city in China’s Fujian Province. ...  more

Volvo’s Next EV is a Small SUV Named EX30

published: 2023-05-23 9:30
Volvo’s most anticipated luxury electricity SUV EX90 has yet to be officially available, but the Swedish manufacturer is now seemingly prepared to launch the successor of EX90, a small electric SUV EX30. ...  more

Swedish Micro EV Aims to Combat SUV Dominance in Urban Areas

published: 2023-05-22 9:30
Swedish automotive manufacturer Luvly plans to produce a minimalist ultra-efficient micro EV tailored for city living, addressing growing dissatisfaction with SUV prevalence in urban environments. Luvly’s unique strategy involves flat-packed transport of vehicle components to micro-factories for assembly—similar to IKEA’s model—significantly reducing carbon emissions and alleviating urban traffic congestion. ...  more