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Ganfeng Lithium (赣锋锂业) announced to invest RMB 5 billion ($737 million) in constructing a new type of lithium battery and energy storage headquarter
CATL and asset manager Gresham House establish global strategic partnership on energy storage
China’s leading connection system provider Recodeal(瑞可达), plans to put into production its first overseas factory in Mexico, in the second half of 2023, with business related to new energy vehicles, energy storage, and photovoltaics.
The lithium battery market in China is full swing, driven by new energy vehicles and energy storage boom. The massive expansion of Chinese battery and car companies may result in overcapacity and an industry reshuffle.
Chinese battery giant CATL has reached a sole battery supply agreement with leading US solar and energy storage developer Primergy
CATL establishes new energy storage company
Electric blankets produced in China have become popular in Europe with winter coming and pushed up prices of natural gas by geopolitical factors. However, Chinese chip suppliers benefit little from the boom.
CATL joins force with photovoltaic inverter maker Sungrow to expand energy storage business