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Tianneng

Saft to ‘expand lithium’ with Chinese lead group Tianneng

Fri, 04/05/2019 - 09:51 -- Hugh Finzel
Patrick Pouyanné

France’s Saft and Chinese lead-acid battery group Tianneng Energy Technology have formed a joint venture (JV) to expand lithium-ion manufacturing and “scale up its e-mobility and energy storage businesses”.

The JV will “primarily focus on the development, manufacturing and sales of advanced lithium-ion cells, modules and packs”. Production will be based at Tianneng’s Changxing factory, with a potential annual manufacturing capacity of 5.5GWh.

“This is a first strategic move driven by Total, following its acquisition of Saft in 2016,” said Patrick Poyanné, CEO of Total, the French battery manufacturer’s parent company. “The JV will allow Saft to join forces with a Chinese partner, a world leading lead-acid battery manufacturer, willing to develop its lithium-ion activities.

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Chinese lead-acid player ‘eyes Asian expansion’

Mon, 03/12/2018 - 12:50 -- Xuan Zhong
Chinese lead-acid player ‘eyes Asian expansion’

Chinese lead-acid battery manufacturer Tianneng has reportedly set its sights on expanding production capacity to another country in southern or southeast Asia— while stepping up domestic capacity by 20% this year to meet electric vehicle demand.

According to Reuters, the company wants to capitalise on increasing demand for batteries to power electric scooters and cars in the region. Tianneng is considering setting up a plant “with an annual production capacity of at least 100,000 tonnes” in countries such as Vietnam, Thailand, Malaysia, Pakistan and Bangladesh, according to the news agency.

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