LFP battery

LG won a large order for lithium iron phosphate batteries

published 2024 年 07 月 03 日 17:59
On July 2, LG Energy Solution (LGES) announced an important cooperation. The company will supply lithium iron phosphate batteries for Ampere, a subsidiary of Renault electric vehicles. It is reported that this is also LG Energy So...  more

Cathode Supplier Yuneng’s 2022 Revenue Reached Nearly RMB 42.8 Billion, of Which CATL and BYD Accounted for Over 80%

published 2023 年 04 月 24 日 9:30
Hunan Yuneng New Energy, a Chinese supplier for cathode materials, posted an impressive financial results for 2022 mainly due to the strengthening of its business ties with domestic battery giants CATL and BYD. On April 12, Yuneng released its first annual report since its listing and stated that the company’s realized revenue for 2022 came to RMB 42.79 billion, reflecting a massive YoY increase of 505.44%. Yuneng’s net profit for 2022 came to RMB 3.007 billion, reflecting a YoY increase of 153.96%. ...  more

Chinese Health Food Giant Nanfang Black Sesame Has Entered Battery Industry with RMB 3.5 Investment

published 2023 年 04 月 17 日 9:30
On March 31, Nanfang Black Sesame announced that its wholly-owned subsidiary Jiangxi Xiaoheixiaomi Foodstuff will transform into a manufacturer for energy storage batteries. Additionally, Black Sesame plans to invest RMB 3.5 billion in building a plant for manufacturing LFP energy storage batteries in Xinjian District of Nancheng, the capital of China's Jiangxi Province. ...  more

CPS Inaugurates Phase 1 of Its RMB 7.5 Billion Battery Material Project in Jiangxi

published 2023 年 03 月 27 日 9:30
Local Chinese news media reported on March 26 that Pingxiang CPS held a ceremony to inaugurate its battery material project in the Pingxiang Economic Development Zone. The production capacity of the phase 1 of the project is set at 60,000 tons per year for LFP cathode materials. The development zone is within China’s Jiangxi Province. ...  more