CATL Launches New Battery That Can Charge An EV In 10 Minutes
Contemporary Amperex Technology Ltd (CATL), a Chinese lithium-ion battery manufacturer, has unveiled its latest innovation, Shenxing, a 4C lithium iron phosphate (LFP) battery capable of rapid charging. The term “4C” denotes the battery’s ability to be fully charged in just 15 minutes. The…
VW-backed Gotion Buys 25% Stake In Slovak EV Battery Startup InoBat
Chinese battery maker Gotion High Tech is buying a 25 percent stake in Slovak battery maker InoBat and will provide supply chain and technology support as the startup scales up production of electric vehicle batteries, the companies said. The companies did not…
Dymax to Showcase Light-Cure Solutions for Electric Vehicles at The Battery Show 2023
Dymax, a leading manufacturer of light-curing materials and equipment, will exhibit at The Battery Show 2023 in booth 2823. This premier event, being held at the Suburban Collection Showplace in Novi, Michigan, from September 12-14th, will feature the latest advancements in battery…
EV Battery Market Holds Steady Amid Downtrend In Lithium Salt Prices
Electric vehicle (EV) battery prices in China demonstrated stability, with lithium salt prices registering a marginal decline, in July. The prices of EV square ternary cells, LFP cells, and pouch ternary power cells during the month remained relatively consistent with…
Mitsubishi Fuso, Ample To Partner On Battery-swapping Technology For Electric Trucks
Mitsubishi Fuso recently announced that it has signed an agreement with Ample Inc. to begin a collaboration on a pilot project on battery swapping technology for electric trucks in Japan. The companies say they will collaborate to pair Mitsubishi Fuso EVs…
Nikkei Analysis Finds Tesla Relies On China For 40% Of Battery Supply Chain
An analysis by Nikkei in Japan concludes that nearly 40% of the suppliers for materials used in Tesla’s electric vehicle batteries are Chinese companies. Nikkei sent a letter to Tesla asking about its dependence on Chinese suppliers but said that it had…
China’s Huayou Mulls $20b EV Battery Investment In Morocco’s Sahara
Huayou, a Chinese manufacturer of electric vehicles battery materials, would invest 200 billion dirhams or $20 bln in a plant in Morocco’s region of Laayoune Sakia El Hamra in the Sahara, the regional investment center announced. A delegation of the…
Tesla Relies On China For 40% Of Battery Supply Chain
Nearly 40% of the suppliers for materials used in Tesla’s electric vehicle batteries are Chinese companies, a Nikkei analysis finds, underscoring China’s strong presence in a strategically important sector. China was the largest supplier of materials for the lithium-ion batteries used in Tesla’s…
China’s Sunwoda Electronic To Build $275 Million EV Battery Factory In Hungary
China’s Sunwoda Electronic (300207.SZ) plans to build a power battery factory in Hungary for electric vehicles, with initial investment of up to 1.96 billion yuan ($274.71 million), as Chinese battery makers expand in the European market. The money will be used for…
Toyota Recalls 12,000+ EVs Developed With Warren Buffett-backed BYD In China
BYD, the China electric vehicle and battery leader backed by Warren Buffett’s Berkshire Hathaway, said on Sunday sales of new energy vehicles nearly doubled in June from a year earlier to 253,046 from 134,036 a year earlier, underscoring the popularity…
