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China - private teams up military research to develop Li-ion batteries

Wed, 08/02/2017 - 10:26 -- News Editor
China - private teams up military research to develop Li-ion batteries

Zhejiang Unifull Industrial Fibre Co Ltd, a Chinese lithium batteries manufacturer, said its subsidiary has signed a strategic cooperation framework agreement with one nationally owned aerospace company to make lithium batteries.

Unifull’s unit, Jiangsu ZhiHang New Energy (ZHNE), a Chinese high-tech company designs and produces lithium battery products, will work with a research institution of China Aerospace Science and Technology Corporation (CASC) to develop automotive battery systems for the market.

 

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China - private teams up military research to develop Li-ion batteries

Fri, 07/28/2017 - 12:09 -- News Editor
China - private teams up military research to develop Li-ion batteries

Zhejiang Unifull Industrial Fibre Co Ltd, a Chinese lithium batteries manufacturer, said its subsidiary has signed a strategic cooperation framework agreement with one nationally owned aerospace company to make lithium batteries.

Unifull’s unit, Jiangsu ZhiHang New Energy (ZHNE), a Chinese high-tech company designs and produces lithium battery products, will work with a research institution of China Aerospace Science and Technology Corporation (CASC) to develop automotive battery systems for the market.

In the joint development, CASC will be responsible for the production of battery packs and battery management systems, whilst ZHNE manufactures lithium-ion batteries.

This two-year agreement aims to establish the purchase-supply relationship between the companies, which eye on the applications in terms of industry, agriculture, traffic, transportation, and national defence.

Unifull said combining CASC’s solid scientific research strength and technological reserve with ZHNE’s financial asset and market influence is building a “benign” model of the military-civilian businesses integration.

However, there are concerns warning the industry the overcapacity of automotive battery may led to a sharp drop in price, while the new energy vehicles policy of the Chinese government falls short.

 

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China ‘plans Li-S research base’

Wed, 07/26/2017 - 15:37 -- News Editor
China ‘plans Li-S research base’

A lithium-sulfur battery “industrial base” is reportedly planned for construction in Shenzhen, China.

The complex could see a ramping up of battery production to a “large scale” after three to five years, according to the Chongqing Daily.

 

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Chinese storage capacity up 72%

Mon, 07/24/2017 - 09:31 -- News Editor
Chinese storage capacity up 72%

China’s domestic electrochemical storage capacity increased by 72% to 243 megawatts in 2016 compared to the previous year, according to a new report from the non-profit China Energy Storage Alliance (CNESA).

The CNESA’s white paper on the national and global energy storage market, published in English for the first time, said the lion’s share of newly-operating electrochemical ESPs in China last year used lithium-ion (62%) compared to 37% using lead-acid batteries.

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Glencore ‘in triangular lithium deal’ with China’s CATL and VW

Tue, 07/18/2017 - 10:50 -- News Editor
Glencore ‘in triangular lithium deal’ with China’s CATL and VW

Switzerland-based mining company Glencore has reportedly signed a deal to supply cobalt materials to a Chinese lithium battery manufacturer – who would in turn sell batteries for Volkswagen’s (VW) electric vehicles.

According to Reuters, the deal would see Glencore sell up to 20,000 tonnes of cobalt products to CATL (Contemporary Amperex Technology Co Ltd), a China-based battery giant who also supplies EV batteries to carmaker BMW.

 

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Daimler-BAIC invest in Beijing batteries plant

Mon, 07/17/2017 - 11:04 -- News Editor
Daimler-BAIC invest in Beijing batteries plant

A new manufacturing plant for “premium e-batteries” and electric vehicles is to be built in Beijing by Germany’s Daimler and its Chinese joint venture (JV) partner BAIC.

Daimler and BAIC intend to jointly invest a total of CNY5 billion ($736.6 million) in the production of Daimler’s Mercedes-Benz brand battery electric vehicles (BEVs) at the plant, which will be operated by the firms’ Beijing Benz Automotive Co., Ltd., (BBAC) JV.

 

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China’s Camel expands lead recycling business

Tue, 07/11/2017 - 09:21 -- News Editor
China’s Camel expands lead recycling business

Camel Group Co., Ltd., a China-based lead-acid battery manufacturer, has announced plans to invest CNY35 million ($5.2 million) to form a waste battery recycling joint venture (JV) business with a domestic investor.

Camel has signed a cooperation and investment agreement for the JV with Lei Jia, an investor from China’s Anhui Province, who will invest CNY15 million ($2.2 million) in the project. The new business, tentatively named Camel Group Anhui Renewable Resources Co., Ltd., would have a total registered capital of CNY50 million ($7.4 million).

 

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Chinese province urges support for faster lead-acid growth

Tue, 07/11/2017 - 09:19 -- News Editor
Chinese province urges support for faster lead-acid growth

The Government of China’s Hunan Province has called for domestic policies to support a speeding-up of the industrial development of lead-acid batteries.

Hunan said in an official statement that this is a crucial period for lead-acid battery technology, as China’s national Government plans to reduce subsidies for new energy vehicles by 20% compared to 2016 levels – phasing out subsidies completely by 2020.

 

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Foxconn ‘plans major Li battery investments’ in China

Fri, 07/07/2017 - 11:27 -- News Editor
Foxconn ‘plans major Li battery investments’ in China

Taiwan-based electronics manufacturer Foxconn is reportedly planning to invest a total of CNY25 billion ($3.7 billion) in several projects as part of the development of a new energy battery R&D centre and production base in Kunshan, in China’s Jiangsu Province.

China’s state Xinhua News Agency said CNY8 billion ($1.2 billion) will be invested in the first phase, as agreed in a strategic cooperation agreement the company signed with the Kunshan government.

 

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BAIC ‘in batteries purchase deal’

Wed, 07/05/2017 - 12:47 -- News Editor
BAIC ‘in batteries purchase deal’

China’s automaker BAIC BJEV is set to purchase 80,000 automotive batteries, worth a total of CNY3.7 billion ($541.6 million), from renewable battery system supplier Pride by the end of this year, according to Chinese media.

Sohu reported that Pride, a wholly-owned subsidiary of Guangdong Dongfang Precision Science & Technology, a China-based printing machine maker, has signed a strategic procurement contract for 2017 with the leading new energy vehicle manufacturer.

 

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