As everyone knows, Asian battery suppliers powers up the World’s EVs. This no doubt includes some of the biggest companies in China like CATL and BYD. For example, BYD’s blade…
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BYD And FAW’s FinDreams Battery Begins Making 1 million NEVs
by SEP Editorby SEP Editor 3 mins read -
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NIO, Xpeng and Li Auto Co-Invest in a Lithium Battery Manufacturer for $1.2 Billion
by SEP Editorby SEP Editor 3 mins readOn Feb 24, SUNWODA, a Chinese lithium battery manufacturer, announced a capital increase of RMB 2.43 billion, which was subscribed by 19 companies with a total of 19.5495% equity. These…
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CATL breaks ground on $443million USD manufacturing base in Shanghai
by SEP Editorby SEP Editor 3 mins readShanghai – On Feb 19, 2022, China’s top electric vehicle (EV) battery maker Contemporary Amperex Technology Co., Limited (CATL) (300750.SZ) officially begin ground-breaking for its new manufacturing base in Shanghai.…
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China’s power battery installation reached 16.2GWh in January, up 86.9% year-on-year
by SEP Editorby SEP EditorFeb.16, China – The China Automotive Power Battery Industry Innovation Alliance released the monthly data on power batteries for January 2022. In January 2022, China’s power battery installation volume totaled…
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CALB’s second phase program is expected to be the largest lithium battery producing industry in Xiamen
by SEP Editorby SEP Editor 3 mins readXiamen’s ten billion level new energy program—— the secondary program of CALB in Xiangan Neicuo is now stepping up construction. It is expected to launch its pilot run in the…
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CATL’s Shares Dropped Roughly 15% in Just Four Days
by SEP Editorby SEP Editor 3 mins readIn just four days after China’s Spring Festival, CATL, the world’s biggest battery maker, had a rough start: about 15% of its shares value was shaved off. On February 10,…
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WM Motor Sued For Reducing Battery Capacity Secretly
by SEP Editorby SEP EditorAt the end of last month, WM Motor, facing a crisis due to the fire accident, encountered another difficulty this month. According to a report by local Chinese media Jiemian,…
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Sunwonda confirmed to be Xpeng’s class A battery supplier
by SEP Editorby SEP EditorAccording to LatePost, Xpeng is going to use Sunwonda’s 4c automotive battery in the middle-large sized SUV G9 published in November 2021 to substitute CATL’s automotive battery supply. Sunwonda will…
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Yongxing Material to establish joint venture with CATL in its lithium carbonate program
by SEP Editorby SEP Editor 3 mins readYongxing Material has announced to establish a joint venture company with CATL according to the appointment in the ‘Joint venture Agreement’. This new company will be focusing on the establishment…