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Chinese researchers have recently developed a new type of lithium metal battery with 3D printing technology, significantly improving the battery's lifespan and energy density, reported Xinhua on October 29.
China’s leading battery company EVE Battery(亿纬锂能) announced to invest in a cylindrical lithium battery manufacturing project through its Malaysian subsidiary with no more than $422 million.
The battery industry in China is absorbing heavy investment with more signed projects and financed cases in 2022, driven by the rising prices of materials in lithium batteries, shortage of production capacity, and favorable policies.
Jiangsu Azure’s annual production capacity reaches about 700 million cells
Chinese heavy equipment manufacturer Sany establishes a lithium battery company
Chinese E-scooter maker Niu Technologies(小牛电动) is considering sodium-ion batteries with better cost advantage for its e-bikes as an alternative to lithium batteries amid surging raw material costs, reported Yicai on August 5.
LG Energy and China’s Huayou Cobalt to build battery recycling joint venture
The price of lithium carbonate, the key material for EV batteries, has risen sharply in China since late May. Some 60 Chinese companies announced plans to invest in the area.
China’s leading lithium-ion battery maker Sunwoda Electronic(欣旺达), plans to invest RMB2.3 billion ($343.8 million) in building a plant for cylindrical lithium-ion batteries for use in industrial and energy-storage sectors.
China’s Jiangsu Province has become the world’s largest lithium battery manufacturing base