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GS Yuasa production boost marks centenary

Thu, 11/16/2017 - 10:27 -- Xuan Zhong
GS Yuasa production boost marks centenary

Japan-based lead-acid battery manufacturer GS Yuasa has told investors it is on track to expand production in at least three other countries as it marks 100 years of operations.

GS Yuasa said new production facilities will come on line in Turkey, China and India in 2018— and the group plans to make inroads into the lucrative electric vehicles (EV) battery market.

 

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Hubei to host China’s “largest flow battery”

Wed, 11/08/2017 - 09:50 -- Xuan Zhong
Hubei to host China’s “largest flow battery”

Beijing-based energy storage firm Pu Neng has been awarded a contract to provide what it said will be “China’s largest flow battery” as part of a pilot energy storage project.

A 3MW/12MWh vanadium flow battery will be installed in a 10MW/40MWh at the battery demonstration facility as the first phase of integration with a photovoltaic system to supply the grid in Zaoyang, Hubei Province.

 

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China-owned SF Motors acquires US battery start up

Tue, 10/31/2017 - 09:39 -- Xuan Zhong
China-owned SF Motors acquires US battery start up

Silicon Valley-based electric vehicle (EV) maker, SF Motors, has acquired US EV battery module start-up InEVit— headed by former Tesla CEO Martin Eberhard.

Under the terms of the deal, the financial details of which were not disclosed, Eberhard will move from his post of chairman and chief technical officer at InEVit to become vice-chairman and chief innovation officer of SF Motors— founded last year as a subsidiary of China’s Chongqing Sokon Industry Group Co., Ltd.

 

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Australian miner eyes China with lithium mine plan

Thu, 10/26/2017 - 10:45 -- News Editor
Australian miner eyes China with lithium mine plan

Australian mining firm Core Exploration Limited has applied for a licence to develop one of the country’s highest-grade lithium deposits, as part of plans to make inroads into the Chinese battery materials market.

Core said on 19 October it plans to develop its 100%-owned Grants deposit near Darwin, in the Northern Territory, which contains an estimated 1.8 million tonnes of high-grade spodumene— a key mineral in the manufacture of lithium-ion batteries.

 

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China names new base for Nissan batteries

Thu, 10/26/2017 - 10:39 -- Xuan Zhong
China names new base for Nissan batteries

Zhenjiang in China is to be the new headquarters and production base for the now Chinese-owned Nissan electric vehicles batteries business, state media has reported.

The new Nissan batteries complex will be set up in the Zhenjiang New District in Jiangsu Province at a cost of around CNY12.5 billion ($1.9bn), according to China’s Xinhua News Agency.

 

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BMW joint venture ‘to open China battery packs plant’

Tue, 10/24/2017 - 10:35 -- News Editor
BMW joint venture ‘to open China battery packs plant’

The Chinese joint venture brand of German car giant BMW, BMW Brilliance, is reportedly to open a “high-voltage automotive battery pack production centre” in China on 24 October.

According to Chinese media reports, BMW’s long-term Chinese lithium-ion battery supplier Contemporary Amperex Technology Ltd (CATL) will supply cells for the project.

 

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Chinese partners sell Samsung battery business shares

Tue, 10/24/2017 - 10:32 -- Xuan Zhong
Chinese partners sell Samsung battery business shares

Two Chinese shareholders have put a total of 30% of shares in Samsung SDI's joint venture battery company on the market, according to China’s Tianjin Property Rights Exchange (TPRE).

Samsung SDI (Tianjin) Battery Co., Ltd. (SDITB), set up in China in 2015 October, is a manufacturer of rechargeable lithium-ion batteries.

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China set for energy storage sector boost

Mon, 10/16/2017 - 13:03 -- Xuan Zhong
China set for energy storage sector boost

China has announced plans to support a “transformation” of its energy storage industry over the next decade— focusing on the development of an array of technologies including a pilot high performance lead-carbon capacitor battery system.

The national government said it wants to move existing R&D and development activities in the energy storage sector onto full-scale commercialisation.

 

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Chinese car firm signs lithium supply deal

Tue, 10/10/2017 - 10:53 -- Xuan Zhong
Chinese car firm signs lithium supply deal

Chinese car marker Great Wall Motor Co Ltd., said it has taken a 3.5% stake in Australian lithium miner Pilbara Minerals Ltd., to help secure supplies of a key mineral for its electric vehicle development plans.

Great Wall said it would take the equity interest in Pilbara for around AUD28 million ($22m) through its wholly-owned Hong Kong-registered subsidiary Billion Sunny Development Ltd.

 

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Aquion Energy ‘leaving US for China’

Tue, 10/03/2017 - 09:57 -- News Editor
Aquion Energy ‘leaving US for China’

Sodium-ion batteries manufacturer Aquion Energy, which recently emerged from Chapter 11 bankruptcy in the US, has declined to comment on reports that it is quitting its base in Pennsylvania and moving operations to China.

Aquion, now known as AEI Winddown, was acquired in a bankruptcy auction earlier this year by “a majority-American joint venture”, said to be linked to Chinese investment holding company China Titans Energy Technology Group.

 

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