Chinese new year officially started this week, heralding the ‘year of the pig’— for those unfamiliar with the Chinese zodiac.
Apple has blamed China’s economic slowdown almost entirely for the tech firm’s gloomy sales forecast— but there’s no sign of Chinese firms running out of power to stay ahead in the batteries game.
As the year draws to a close, there’s no let up in battery activity, as our raft of investment-related stories reported this week show.
It's quid pro quo between Europe and Asia this week, as BMW and Dräxlmaier announced plans to establish local battery production for electric vehicles in Thailand, whilst LG Chem are reportedly set to establish a second lithium-ion plant in Poland, in order to keep pace with ever-rising demand.
After months of guessing who might be an eligible suitor for JCI’s battery business, the wait is over. The sale of Power Solutions to investment firms seems an unlikely partnership. But a US$13 billion ‘dowry’ is not a bad start to building a relationship.
It’s taken a (presumably) very expensive study to tell the EU what most of us already know, as we report in the latest edition of our weekly e-newsletter, BEST Battery Briefing…
Enersys has invested in an expensive gift with its acquisition of Alpha Technologies, as we report in the latest issue of BEST Battery Briefing...
At last, after months of lobbying, has the EU’s energy chief seen the light and is he now willing to level the playing field for lead-acid and lithium?
It’s been a year this week since the EU launched its Batteries Alliance to challenge Asia’s dominance of the European lithium battery market. But after months of talking and little concrete action— other than conspiring to kill off lead-acid— the EU’s energy chief now wants to splash more taxpayers’ cash to 'make' things happen. Nothing of course to do with his bid to take over as European Commission president.
What’s going on at JCI? Speculation has been rife for several months that the firm’s batteries business, Power Solutions, could be coming up for sale.