A recent report from metals and minerals research firm Roskill details how China is quickly working to increase its control of the lithium supply chain to support the rapid growth of its lithium-ion battery industry. The report provides examples of several major players who have recently announced or completed acquisitions. CATL, one of China’s largest… Read more »
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NEVS secures battery supplier for a quarter million Chinese EVs
Swedish/Chinese EV-builder NEVS has signed an agreement with Contemporary Amperex Technology (CATL) to secure the battery supply for its new EV in the Chinese market. And what a market it is. NEVS has received from the Beijing auto leasing firm Panda New Energy for 250,000 EVs (for comparison, the total number of plug-in vehicles sold worldwide last… Read more »
Chinese battery-maker and Finnish manufacturer partner to supply battery packs to Europe
Chinese battery builder Contemporary Amperex Technology Limited (CATL) and Finnish contract manufacturer Valmet Automotive have formed a strategic partnership to develop electric automotive solutions. As part of the deal, CATL has taken a 22% ownership position in Valmet. CATL currently offers NCM and LFP Li-ion chemistries in cells, modules and packs. The companies’ strategy is… Read more »