On November 10, China Automotive Power Battery Industry Innovation Alliance released its monthly data for batteries in October this year. In the past month, China's battery output totaled 62.8 GWh, up 150.1% year-on-year.
The batteries produced by BYD in Shanghai are reportedly supplied to 3C (computer, communication and consumer electronics) products and the upgrade of the production line are mainly changes in technology in order to supply Apple.
Gotion Hi-Tech, a leading new energy enterprise, announced that it had signed a strategic cooperation agreement with Sumec, a subsidiary of China National Machinery Industry Corporation (Sinomach).
On September 21, CATL-FAW Power Battery Co., Ltd., a subsidiary of leading Chinese battery firm CATL, held a ceremony during which it acknowledged "the second anniversary of production and annual output value exceeding 10 billion yuan ($1.41 billion)."
CATL's factory in Yibin, Sichuan Province, stopped production due to power brownouts, and the duration of power brownouts rationing lasted from August 15 to August 20.
The first overseas factory of CATL in Thuringia, Germany, has received the second partial approval for the commissioning of a new plant for battery cell production.
Leading Chinese power battery firm CATL announced on Thursday that it will establish the world's first zero-carbon battery factory in Yibin, Sichuan province.
Luxury automotive brand Mercedes-Benz announced on Wednesday that it has reached a strategic cooperation agreement with Envision AESC, a subsidiary of Envision Group.
The official website of the Shiyan Municipal People's Government in China's central province of Hubei published an article Wednesday saying that it had signed a strategic agreement with Envision Group.
Yingke Hengtong, a shareholder of its holding subsidiary Shaowu Yongtai High-Tech Materials Co., Ltd, planned to transfer its 25% stake in the subsidiary to CATL for 500 million yuan ($78.3 million).
SK Innovation has recently signed a battery supply contract with Xpeng Motors and will supply Xpeng with high grade nickel-based Lithium Ion batteries according to Chinese media outlet Autohome.
Fova Energy, a battery data analysis and decision-making platform, has raised millions of US dollars during a seed+ round of financing from Shunwei Capital, according to Chinese media outlet 36Kr.
In mid-April, media reported that in a summit organized by the Chinese auto industry, a source disclosed that Tesla will establish a wholly-owned factory in China in 2018.