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The business of precision structural parts grows steadily and the net profit of Kodali increases by more than 200% in 2021._SMM

[precision structure business steady growth Kodali net profit increased by more than 200% in 2021] on March 30, Kodali released its 2021 annual report, which showed that during the reporting period, the company achieved operating income of 4.468 billion yuan, an increase of 125.06% over the same period last year; realized net profit of 542 million yuan belonging to shareholders of listed companies, an increase of 203.19%; deducting non-net profit of 515 million yuan, an increase of 218.4% over t...
Yiwei Lineng Honeycomb Energy Development Zone In Jiangxi Province Ruipu Energy East China South China
Source: metal.com

Another battery company goes out to sea! Yiwei Lithium Energy plans to buy land to build a power battery factory in Hungary_SMM

Another battery company goes out to sea! Yiwei LiNeng plans to buy land to build a power battery factory in Hungary] Yiwei LiNeng notice that the company recently signed a letter of intent with a subsidiary of the Hungarian Debrecen government, and the company or its subsidiary entities (later designated) intend to purchase the target property from the seller and set up a power battery manufacturing plant in Hungary in accordance with the terms and conditions stipulated in this letter of intent.
Jieze Chaka Yiwei Lineng Chai Jian Debreceni Ingatlanfejleszt Debrecen Korl Zhai Yanhong Honeycomb Energy
Source: metal.com

Chinese official vows crackdown on speculation in raw materials for EV batteries

Chinas industry ministry has vowed to ramp up exploration of domestic resources while cracking down on hoarding and speculation, among other unfair and anti-competitive activities, as surges in the costs of raw materials used in the production of batteries for electric vehicle (EV) were in the spotlight at an industry forum in Beijing over the weekend.
Cui Dongshu Amperex Technology Co China Passenger Car Association Information Technology Xin Guobin Beijing Shanghai Expressway East China

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Inside China's electric drive for swappable car batteries | Drive

BEIJING, March 25 โ€” A year ago Tesla dismissed the alternative path of electric car battery swapping as โ€œriddled with problems and not suitable for widescale useโ€. It seems Beijing disagrees. In fact, China is pushing hard for swappable batteries for electric vehicles (EVs) as a...
United States John Helveston Ganesh Iyer Levi Tillemann Aston Martin Andy Palmer

Tesla's Battery Supplier CATL Builds World's First 'Zero-Carbon' EV Battery Factory - FutureCar.com

Silicon Valleys leading source of expert coverage of the automotive industry, automotive news, new vehicle technology & industry insights including self-driving cars, electric vehicles and startups working on the autonomous mobility of the future.
United States China General Jinsha Minjiang Eric Walz Zhu Yunfeng Sichuan Contemporary Amperex Technology Limited

Sheng Xin Lithium can plan to raise no more than 3 billion yuan for BYD's full subscription._SMM

[Shengxin LiNeng plans to raise no more than 3 billion yuan for BYD's full subscription] on the evening of March 22nd, Shengxin LiNeng disclosed a plan for a non-public offering of shares, with a total amount of no more than 3 billion yuan to be raised. BYD, a specific target, will fully subscribe for the shares issued by Shengxin LiNeng in cash.
Sheng Xin Shengxin Lineng Suining Shengxin Sheng Xin Lineng Shengtuo Lithium Energy Indonesia Xiamen Tungsten New Energy
Source: metal.com

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