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Chinese-Turkish venture eyes 25GW battery plant for Turkey

Mon, 03/05/2018 - 11:36 -- John Shepherd
Chinese-Turkish venture eyes 25GW battery plant for Turkey

Turkish technology giant Zorlu has signed a partnership deal with Chinese private capital firm GSR Capital that paves the way to building a 25GW capacity battery manufacturing plant in Turkey for electric vehicles and energy storage systems.

Zorlu will invest a total $4.5 billion in the project by 2023 – the year in which the plant is to be commissioned.

 

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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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