News

Volkswagen Group Commences Construction of New Battery Factory in Europe with a Planned Annual Production Capacity of 40GWh

published: 2023-04-10 9:30
Volkswagen Group has started construction on a new battery plant in Valencia, Spain, according to foreign media reports. With an expected annual production of 40GWh by 2026, the plant will primarily produce power batteries for entry-level electric vehicles under the Volkswagen and Skoda brands. After the plant begins operation in 2026, Volkswagen Group intends to further raise its annual production capacity to 60GWh. ...  more

Ganfeng Lithium Plans to Invest in Projects for Manufacturing Battery Materials and Li-Ion Batteries in Inner Mongolia

published: 2023-04-10 9:30
On March 27, Ganfeng Lithium announced in a press releases that it has signed a strategic cooperation framework agreement with the administrative committee of the Xilingol League in China’s Inner Mongolia. According to the agreement, both parties will leverage their respective advantages in resources, capital, technologies, and management capability to jointly develop a local industry chain for Li-ion batteries. ...  more