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BYD builds giga dream with ‘world’s largest’ auto battery plant

Mon, 07/02/2018 - 12:19 -- Xuan Zhong
BYD builds giga dream with ‘world’s largest’ auto battery plant

China’s BYD has opened the “world’s biggest auto batteries plant”— as part of a reported multi-billion dollar investment to expand its domestic battery-making capacity to 60 gigawatt-hours within three years.

BYD— which stands for ‘build your dreams’— said the six-square-kilometre plant in Qinghai Province— “equivalent in size to around 140 football pitches”— will itself have a 24GWh production capacity when it ramps up to full capacity next year.

 

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Chile competition probe into China lithium deal

Thu, 06/28/2018 - 17:07 -- Xuan Zhong
Chile competition probe into China lithium deal

Competition chiefs in Chile have launched a probe into a deal that would see China’s Tianqi Lithium become a key shareholder of the world’s second largest producer of lithium.

Tianqi confirmed last month it had agreed to buy a 25.9% stake in Sociedad Quimica y Minera de Chile (SQM) from Canada-based Nutrien— in a move to strengthen Chinese influence on the battery raw materials market.

 

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Camel to expand lead recycling

Thu, 06/21/2018 - 09:40 -- Xuan Zhong
Camel to expand lead recycling

Chinese battery maker the Camel Group has announced plans to boost investment in lead-acid recycling over the next three years.

The company said in a Shanghai Stock Exchange announcement it is set to spend CNY1.5 billion ($234 million) on building three recycling and production sites— one in the eastern Anhui Province and the others in the northeast and southwest of the country.

 

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Musk confirms Tesla Gigafactory plans for China and Europe

Mon, 06/11/2018 - 12:00 -- John Shepherd
Musk confirms Tesla Gigafactory plans for China and Europe

Tesla has given the green light to launch its first Gigafactory for batteries production outside the US in China, company chief Elon Musk has confirmed.

The new Shanghai plant confirms a pledge by Musk to one day set up business at the heart of Asia’s booming batteries sector.

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China urged to ‘scrap substandard secondary lead plants’

Wed, 06/06/2018 - 11:16 -- John Shepherd
China urged to ‘scrap substandard secondary lead plants’

Authorities in China are being urged to shut down “substandard” secondary lead production facilities as part of moves to boost the recycling of lead-acid batteries.

China’s lead consumption largely depends on the use of secondary lead, the chairman of the China Industrial Alliance of Renewable Energy, Li Shilong, told the Shanghai Metals Market Lead Zinc Summit in Guangxi Province.

 

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Seoul presses Beijing on ‘fair deal’ for battery makers

Wed, 05/30/2018 - 09:17 -- John Shepherd
Seoul presses Beijing on ‘fair deal’ for battery makers

South Korea has called on China to ensure “a fair business environment” for battery manufacturers to compete for business across the two countries. 

South Korea’s trade minister Paik Un-gyu (pictured) made the plea during a meeting with his Chinese counterpart Miao Wei in Seoul, the Yonhap news agency reported.

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China tightens grip on lithium in Chile deal

Tue, 05/29/2018 - 10:15 -- John Shepherd
China tightens grip on lithium in Chile deal

China’s Tianqi Lithium is set to become a key shareholder of the world’s second largest producer of lithium— in a move to strengthen Chinese influence on the battery raw materials market.

Tianqi has agreed to buy a 25.9% stake in Sociedad Quimica y Minera de Chile (SQM) from Canada-based Nutrien in a deal worth more than $4 billion.

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Solid-state batteries “game-changer” for EVs report

Thu, 05/17/2018 - 09:54 -- Xuan Zhong
Solid-state batteries “game-changer” for EVs report

Solid-state batteries are expected to be a “game changer” for the electric vehicle industry, according to a new report.

The batteries are set to open up “significant growth opportunities for future battery chemistries due to manufacturers’ claims of an energy density 2.5 times higher than lithium-ion batteries”, said market analysts Frost & Sullivan.

 

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Panasonic chief hints at battery tie-up with Tesla in China

Thu, 05/17/2018 - 09:51 -- Xuan Zhong
Panasonic chief hints at battery tie-up with Tesla in China

The head of Japan’s Panasonic Corp has floated the idea of jointly producing electric vehicle batteries in China with Tesla.

Panasonic CEO Kazuhiro Tsuga (pictured) said during an earnings briefing on 10 May that the move could be on the cards, Reuters reported.

 

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Continental silent on battery options amid ‘structural review’

Thu, 05/17/2018 - 09:48 -- Xuan Zhong
Continental silent on battery options amid ‘structural review’

German automotive manufacturer Continental is staying silent on potential moves to further develop its battery systems business.

CEO Dr Elmar Degenhart told the company’s annual shareholders' meeting Continental’s entire organisational structure was under review while the firm “tested suitable scenarios”.

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