News

GM Announced Partnership with Tesla with EVs now Sharing Tesla’s Superchargers

published: 2023-06-09 9:30

After Ford announced its adoption of Tesla’s charging specifications and design standards, General Motors (GM) has also announced its intention to follow the same approach. Starting from 2025, GM will adopt the NACS charging port for all its new EVs, enabling them to be charged at any Superchargers. ... more

Volvo Saw Record-Breaking Growth in Electric Trucks at 254% during Q1

published: 2023-06-08 9:30

Tesla is the EV leader, though Volvo Group has overtaken its competitors in the electric truck field, and is expecting to surpass 50% in battery electric trucks by 2030, before accomplishing its target of 100% battery electric by 2040, after announcing its latest major order recently. ... more

HDRE, TPK, and SEEC Teamed up for Energy Storage Development

published: 2023-06-08 9:30

HD Renewable Energy (HDRE), TPK Holding (TPK), and Shilin Electric and Engineering Corporation (SEEC) have teamed up as a national energy storage team, and aim to penetrate the global market. ... more

Two More Billion-Yuan Battery Manufacturing Projects Have Landed in China

published: 2023-06-08 9:30

Due to the promotion of policies related to capping and reducing carbon emissions, the global market for energy storage technologies is experiencing rapid growth. Many companies have also entered the related supply chains as they sense huge business opportunities. On May 22, Chinese battery suppliers Great Power and Zhuhai CosMX Battery announced their new battery manufacturing projects that are worth billions of yuan in investments. Both projects will be focusing on energy storage batteries. ... more

Ronbay Technology and EVE Establish Strategic Partnership

published: 2023-06-07 9:30

Ronbay Technology announced on May 29 that it has signed a strategic cooperation agreement with EVE, thereby cementing their partnership in the Li-ion battery industry. The agreement contains three areas for collaborations: ... more

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