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Korea plea to China over battery subsidies

Mon, 02/12/2018 - 10:29 -- John Shepherd
Korea plea to China over battery subsidies

Seoul has confirmed it is in direct talks with China aimed at patching up a trade row that led Beijing to slap sanctions on the use of South Korean batteries.

As BBB reported last week, signs that the two countries were attempting to bury the batteries hatchet emerged as South Korean and Chinese firms formed two joint ventures to produce lithium-ion battery materials from bases in China.

 

 

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Umicore eyes expansion after shares sale

Mon, 02/12/2018 - 10:23 -- John Shepherd
Umicore eyes expansion after shares sale

Belgium’s Umicore has raised nearly EUR900 million ($1.1 billion) in a shares sale to fund potential future acquisitions and boost investments in cathode materials.

The Brussels-based global materials technology and recycling firm sold 10% of its shares in a block trade on 8 February.

 

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BYD ‘plans summer start for new battery plant’

Mon, 02/05/2018 - 11:16 -- Xuan Zhong
BYD ‘plans summer start for new battery plant’

Chinese battery giant BYD is reportedly set to start operations at a new CNY4 billion ($636 million) lithium-ion battery production plant in western China this June.

The first of three production lines expected to start rolling at the plant in Xining, Qinghai Province, will have an annual production capacity of 10GWh, according to China’s state Xinhua News Agency.

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South Korea-China deal to ease battery tension?

Mon, 02/05/2018 - 10:52 -- Xuan Zhong
South Korea-China deal to ease battery tension?

Chinese and South Korean businesses have formed two new joint ventures to produce lithium-ion battery materials from bases in China.

The move follows months of claims and counter claims over China’s alleged “blocking” of South Korean batteries in a heated trade spat.

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Canadian solid-state licensing deal for China

Mon, 01/29/2018 - 11:08 -- John Shepherd
Canadian solid-state licensing deal for China

Solid-state lithium battery technology developed by a Canadian utility has been licensed for use in electric vehicle batteries made for the Chinese market.

Hydro-Québec said the licensing deal with Dongshi Kingpower Science and Technology includes cooperating on building a pilot battery assembly line at Kingpower’s factory in China.

 

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Narada awarded Bangladesh LFP project

Fri, 01/19/2018 - 09:48 -- Xuan Zhong
Narada awarded Bangladesh LFP project

Chinese battery maker Narada has won a contract worth more than $40 million to supply a lithium iron phosphate (LFP) battery system to a telecoms operator in Bangladesh.

Narada did not name the company involved, but said the project was “the first large-scale selection of lithium-ion batteries for the base stations of the country”.

 

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Chinese LiFePO4 firm signs recycling deal

Wed, 01/17/2018 - 10:08 -- Xuan Zhong
Chinese LiFePO4 firm signs recycling deal

Chinese telecoms infrastructure firm China Tower is to give a new lease of life to used batteries from Shenzhen-based LiFePO4 battery maker OptimumNano under a deal between the companies.

OptimumNano, which produces LiFePO4 batteries for a range of applications include electric vehicles, telecoms and energy storage systems, said the agreement would see it supply cascades of batteries to be “regenerated” in a variety of applications by China Tower.

 

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Umicore starts work on China materials plant

Mon, 01/08/2018 - 10:19 -- Xuan Zhong
Umicore starts work on China materials plant

Belgium-based Umicore has broken ground in China for a new battery materials plant as part of a EUR360 million ($434m) expansion programme.

Umicore said the new plant in in Jiangmen, Guangdong Province, would produce NMC (nickel-manganese-cobalt) cathode materials for rechargeable lithium-ion batteries to meet increasing demand for the electric vehicle market.

 
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Tesla forms battery R&D firm in China

Wed, 12/13/2017 - 09:46 -- Xuan Zhong
Tesla forms battery R&D firm in China

Tesla has formed a new company in China for the research and development of batteries and energy storage devices, according to authorities in Beijing.

The new company has been named Tesla (Beijing) New Energy R&D Co Ltd, with a registered capital of $2 million, according to a document filed with the Chaoyang branch of the Beijing Administration for Industry and Commerce. The document is listed in China’s National Enterprise Credit Information Publicity System index.

 

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German-Chinese JV on lithium-ion technology

Tue, 12/05/2017 - 11:23 -- News Editor
Germany-Chinese JV on lithium-ion technology

The German enterprise ElringKlinger (EK) has signed a framework agreement on a joint venture (JV) for lithium-ion battery technology with Sichuan Chengfei Integration Technology Co Ltd (CITC) from China.

The JV will focus on the development, production, and distribution of lithium-ion battery modules for the global automotive market in Asia, Europe, and the United States.

 

 

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