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Volkswagen-backed Chinese EV battery maker Gotion takes on rival CATL with superfast-charging LFP product scmp.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scmp.com Daily Mail and Mail on Sunday newspapers.
Gotion, China’s fourth-largest EV battery maker, has commenced operations at the first of its three plants in the US. The factory in Fremont, California, has an annual capacity of 1 gigawatt-hours. ....
Deliveries hit a record 940,000 units in November, industry body CPCA estimates, as a strong second half of the year puts EV makers on course to meet an ambitious sales target for 2023 despite a bumpy start. ....
Chinese electric vehicle (EV) battery producer Eve Energy ties up with three foreign partners, including Daimler Truck, to build a factory in the US, a move that stamps China’s authority in manufacturing key components for EVs. ....
AXT (NASDAQ:AXTI – Get Rating) had its target price reduced by Needham & Company LLC from $8.00 to $5.00 in a research report released on Friday morning, The Fly reports. Several other research analysts have also commented on AXTI. Northland Securities cut their price objective on AXT from $9.00 to $5.00 in a report on […] ....