Stay updated with breaking news from Guoxuan hi tech. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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. ....
SHANGHAI, Mar 29 (SMM) - New energy car price hikes are sweeping the Chinese auto market, involving foreign brands, Sino-foreign brands, and Chinese brands, from electric car start-ups to traditional car companies. ....
Shailesh Chandra, managing director of the passenger vehicles and electric mobility subsidiaries, said that cell prices have been rising over months and he expects them to remain high for about a year. ....
NEW DELHI: Tata Motors, India’s top-selling electric carmaker, said the cost of battery cells had increased by around 20 percent because of a global surge in raw material prices, mainly lithium, putting pressure on the company in the short-term. Shailesh Chandra, managing director of the passenger vehicles and electric mobility subsidiaries, told Reuters that cell prices have ....
[go up! Why is "demon lithium" so ferocious? The explosive growth of the new energy vehicle market in 2021 has led to a triple jump in the price of battery-grade lithium carbonate, one of the main raw materials for power batteries, according to state media reports. From January to March in 2021, battery-grade lithium carbonate increased from 50,000 yuan / ton to 86000 yuan / ton; from August to November, it soared to 180000 yuan / ton; in December, it exceeded 200000 yuan / ton at the beginning of the month and rose to more than 270000 yuan / ton at the end of the month, an increase of more than 30 percent in the month and more than 400 percent in the same period last year. ....