If you need to know about batteries; you’ve come to the right place Chinese flag 点击这里访问我们的中文网站 Chinese flag

china

Chinese lithium recycler in NEV lithium link-up with BAIC

Wed, 05/16/2018 - 09:23 -- Xuan Zhong
Chinese lithium recycler in NEV lithium link-up with BAIC

Chinese lithium battery recycler GEM has teamed up with domestic state-owned carmaker BAIC to establish a used batteries collection and recycling operation.

The move is the latest response to Chinese government guidelines to ensure the prompt recycling of batteries from the country’s fast-developing new energy vehicle (NEV) market.

 

The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.

China EV battery firm cuts production over financial crisis

Wed, 05/16/2018 - 09:18 -- Xuan Zhong
A leading Chinese electric vehicle (EV) battery manufacturer, Shenzhen OptimumNano, has been forced to slash production to just 20% of its capacity amid a financial crisis.  OptimumNano, reportedly China’s third largest EV battery maker as of 2016, said it had taken the drastic move because it has a glut of batteries in stock that it cannot sell.

A leading Chinese electric vehicle (EV) battery manufacturer, Shenzhen OptimumNano, has been forced to slash production to just 20% of its capacity amid a financial crisis.

OptimumNano, reportedly China’s third largest EV battery maker as of 2016, said it had taken the drastic move because it has a glut of batteries in stock that it cannot sell.

 

The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.

Chilwee issues profits slump warning over lead 'overcapacity'

Mon, 05/14/2018 - 10:10 -- Xuan Zhong
Chilwee issues profits slump warning over lead 'overcapacity'

One of China’s biggest lead battery manufacturers, the Chilwee Group, has said it expects to see first half-year profits “fall sharply” because of falling prices triggered by “overcapacity” in the domestic lead-acid sector.

Chilwee (also known as Chaowei) said in a Hong Kong Stock Exchange announcement estimated profits would be down in the first half of 2018 compared to the same period a year ago— but the company did not give figures. 

The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.

New Li battery plant for southeast China

Thu, 05/10/2018 - 09:42 -- Xuan Zhong
New Li battery plant for southeast China

Plans to build a “new energy” lithium battery industrial park with a total investment of CNY1.55 billion ($243.7 million) have been unveiled by the Liancheng County government in China’s Fujian Province.

The southeastern county said it will co-invest with other companies to spend a total of CNY920m on manufacturing two different types of lithium batteries— including producing 100 million 18600 lithium-ion cells for energy storage and vehicles each year— plus 20 million “soft pouch lithium batteries”.

 

The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.

South Korea graphite ‘could bring battery independence’ from China

Fri, 05/04/2018 - 09:50 -- Xuan Zhong
South Korea graphite ‘could bring battery independence’ from China

Graphite being produced from two deposits in South Korea could be used to ease the country’s dependence on battery materials from neighbouring China, according to a report by Australia-listed Peninsula Mines.

Peninsula has started a  “test work programme” for material produced at its Eunha Graphite Project and Gapyeong Graphite Project in South Korea.

 

The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.

BMZ China invests to expand battery operations

Tue, 05/01/2018 - 11:04 -- Xuan Zhong
BMZ China invests to expand battery operations

German lithium-ion battery developer and producer BMZ is relocating its China operations in Shenzhen to new premises in the city as it expands operations.

The group’s 100%-owned BMZ China subsidiary is investing around EUR7 million ($8.5m) in the new, 35,000 square metre facility— which is three times the size of the current plant, BBB has confirmed.

 

The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.

Japan chems firm launches battery materials business in Shanghai

Tue, 04/24/2018 - 09:53 -- Xuan Zhong
Japan chems firm launches battery materials business in Shanghai

Japan-based global chemicals conglomerate Showa Denko has launched a new business in Shanghai to expand its sales of advanced battery materials across China.

Denko said its wholly-owned subsidiary— Showa Denko Battery Materials (Shanghai) Co— will strengthen the group’s battery materials activities in the country as it ramps up its new energy vehicles (NEVs) sector.

 
The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.

FDG ‘starts work’ on first phase of China batteries and EV project

Mon, 04/16/2018 - 10:45 -- Xuan Zhong
FDG ‘starts work’ on first phase of China batteries and EV project

Hong Kong-listed FDG Electric Vehicles has reportedly started the first-phase of construction of its EVs and batteries production facilities in Jianyang, in China’s Sichuan Province, according to the state Xinhua News Agency.

The total investment in the first phase of the project is CNY4 billion ($636 million), Xinhua said.

 

The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.

Narada books 30% sales rise on back of batteries, recycling

Mon, 04/16/2018 - 10:35 -- John Shepherd
Narada books 30% sales rise on back of batteries, recycling

Chinese battery maker Narada Power has posted a 30% sales rise for 2017— which boosted net by profit by 16% over the previous year.

Narada said total revenue for the year was CNY8.63 billion ($1.37bn) and net profit increased to CNY381 million.

 

The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.

Huayou partners with LG Chem as China-South Korea ‘battery wars’ thaw continues

Mon, 04/16/2018 - 10:19 -- Xuan Zhong
Huayou partners with LG Chem as China-South Korea ‘battery wars’ thaw continues

Another Chinese-South Korea investment deal has been done to produce lithium battery materials in China— in the latest sign of a thaw in economic tensions between the countries.

Chinese mining company Zhejiang Huayou Cobalt said its subsidiary, Huayou New Energy Technology, has signed a deal with South Korea’s LG Chem to launch two new joint venture companies at a total investment of some $645.6 million.

 

The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.

Pages

Subscribe to china