News

Panasonic Expands Battery Production in Nevada in Response to Key Statement

published: 2023-06-07 9:30

Panasonic, the renowned Japanese battery manufacturer, has announced today its plans to further expand its battery production line in Nevada, USA. ... more

EVE Begins Construction on Its Battery Production Plant in Hungary

published: 2023-06-07 9:30

Chinese battery manufacturer EVE held a groundbreaking ceremony for its production plant in Hungary on May 30. The plant is located in an industrial park in the north part of the city of Debrecen. It is also adjacent to a vehicle production plant operated by BMW. Hence, it is highly likely that the EVE’s plant will supply the batteries for BMW’s electric cars. ... more

Mercedes Accelerates its Electric Journey with the Unveiling of High-End EQE and EQS SUVs in Taiwan

published: 2023-06-07 9:30

Mercedes-Benz Taiwan underscored its commitment to electrification by announcing plans to introduce two high-end all-electric SUVs, the EQE SUV and its luxury flagship, the EQS SUV. These trailblazing models are now open for pre-orders, with the official launch set to electrify the Taiwanese market in July this year. ... more

Is the Next Showdown Brewing Over Budget Micro Electric Cars?

published: 2023-06-06 9:30

The rapid strides made in the EV sector are unmissable. Although there is a range of high-priced, luxury models packed with advanced technology and superior performance, many consumers eagerly await the advent of more economical, everyman EVs. Yet, before those make their debut, several automakers are vying for dominance in the more affordable micro EV market. ... more

Ganfeng Lithium Increases Its Stake in an Oversea Mining Company so as to Facilitate Development of a Lithium Mine in Mali

published: 2023-06-06 9:30

Ganfeng Lithium announced on May 29 that it and its subsidiaries have agreed to purchase shares issued by Leo Lithium at AUD 0.81 per share. Ganfeng will acquire enough shares for a 9.9% stake in Leo Lithium. The value of this transaction is set to reach AUD 106.11 million (CNY 491 million). ... more

Huayou Cobalt Completes New Lithium Salt Project in Guangxi

published: 2023-06-06 9:30

On May 31, Huayou Cobalt’s wholly-own subsidiary Guangxi Huayou Lithium held a ceremony to mark the completion of a lithium salt project that has production capacity of 50,000 tons per year. The project is the Huayou Cobalt’s first business operation for manufacturing lithium salts in China. Following this event, the project will be undergoing pilot production and equipment calibration. ... more

Chinese EVs Go Global: Western and Japanese Automakers Face Pricing Challenge

published: 2023-06-05 9:30

Chinese EV manufacturers, after a period of considerable growth and consolidation in their home market, are now setting their sights globally. Their key advantage? Affordability. ... more

Major Chinese Battery Separator Manufacturer Semcorp Expands with a New Factory in Europe Amid High Demand

published: 2023-06-05 9:30

Semcorp, a leading Chinese battery separator manufacturer, has its eyes set on global expansion, overcoming hurdles to secure its foothold in the American and European market. ... more

Youngy Group to Build Li-Ion Battery Plant in Inner Mongolia

published: 2023-06-02 9:30

Youngy Group announced in late May that it has signed a letter of intent with the government of Wuhai. According to the letter, Youngy Group will set up a local base for the manufacturing of Li-ion battery cells and packs. ... more

Signs of Nuclear Revival? Vogtle Set to Become the Largest Power Plant in the US upon Completion

published: 2023-06-02 9:30

The Vogtle nuclear power plant—seven years behind schedule and a staggering US$14 billion over budget—is finally nearing completion. Once Units 3 and 4 are finished, Vogtle will become the largest power plant in the US, generating a capacity large enough to power one million households. ... more

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