power battery

EVE Begins Construction on Its Battery Production Plant in Hungary

published 2023 年 06 月 07 日 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

SK On and Westwater Resources to Jointly Develop Anode Materials for Li-Ion EV Power Batteries

published 2023 年 05 月 19 日 9:30
According to the latest reporting by South Korean news media, SK On, a major South Korean supplier of EV power batteries, announced on May 2 of this year that it has entered into a joint development agreement with Westwater Resources. Under the agreement, they will work together for three years to develop anode materials. Westwater Resources is a graphite supplier in the US. ...  more

SAIC Lays Foundation of Its Industrial Park in Thailand Where New Production Lines for Battery Modules and Packs Will Be Completed Within This Year

published 2023 年 05 月 18 日 9:30
Major Chinese carmaker SAIC lately held a groundbreaking ceremony for its new industrial park in the Hemaraj Eastern Seaboard Industrial Estate in Thailand’s Chonburi Province. Spanning an area of 120,000 square meters, the industrial park will accommodate manufacturing facilities for NEVs and related key components. The industrial park will be developed in multiple phases. The first phase will involve the setup of new production lines for NEV power battery modules and packs. The production lines are expected to be built within 2023, and the entire industrial park is scheduled for completed by 2025. SAIC said the industrial park is intended to meet the demand from Thailand as well as the entire ASEAN market. ...  more

Gotion Hi-Tech’s LFP Batteries to Be Adopted for Volkswagen’s Vehicles Sold Outside China

published 2023 年 05 月 12 日 9:30
On May 10, the major Chinese battery supplier Gotion Hi-Tech announced that its subsidiary, Hefei Gotion, has received a procurement confirmation letter from Volkswagenwerk AG (Volkswagen). According to the letter, Gotion Hi-Tech will supply LFP battery cells for Volkswagen’s vehicles sold outside of China. Subsequently, a comprehensive adoption by Volkswagen for its various model series could take place. ...  more

Sunwoda Posted RMB 52.162 Billion in Revenue for 2022 and Turned to Loss in 1Q23

published 2023 年 05 月 05 日 9:30
On April 27, Sunwoda released its financial reports for 2022 and 1Q23. Regarding its performance for 2022, Sunwoda posted RMB 52.162 billion in realized revenue, showing a YoY increase of 39.63%. Its net profit attributable to the shareholders of the listed companies came to a total of RMB 1.064 billion, reflecting a YoY growth of 16.17%. ...  more