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US auto battery pack firm to open European hub

Fri, 07/13/2018 - 09:53 -- Xuan Zhong
US auto battery pack firm to open European hub

US-based advanced automotive battery pack ‘remanufacturer’ Spiers New Technologies (SNT) is opening a European ‘hub’ in the Netherlands.

SNT said it will use the site at Ede to service automotive OEMs in Europe’s electric vehicle (EV) market.

 
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China chemicals player seeks CNY1.7bn for EV battery projects

Wed, 11/29/2017 - 12:41 -- Xuan Zhong
China chemicals player seeks CNY1.7bn for EV battery projects

Chinese firm Do-Fluoride Chemicals Co., Ltd plans to raise around CNY1.7 billion ($258 million) to produce materials for automotive lithium batteries and battery pack manufacturing.

The company will raise the capital through a private placement, according to brokerage firm Everbright Securities Company Limited, a subsidiary of the country’s Everbright Group, which is handling the placement.

 

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