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Chinese EV battery manufacturer CATL building plant in Germany; 14 GWh capacity, €240M investment by 2022

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The Chinese EV battery manufacturer Contemporary Amperex Technology Ltd. GWh in 2017—making it Nº 1 globally. GWh in 2017—making it Nº 1 globally. With the opening of the production facility in Germany, the company underlines the importance of the German market.

Germany 170
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Asian EV Manufacturers You Should Know

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Asia’s EV market is growing rapidly. Most people are aware of key players like Hyundai and Nissan, but there are so many other EV manufacturers that are taking over Asia—and possibly set to conquer the international market, including the U.S. Below are just some of the EV manufacturers worth knowing about.

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Chinese EV battery manufacturer CATL building plant in Germany; 14 GWh capacity, €240M investment by 2022

Green Car Congress

The Chinese EV battery manufacturer Contemporary Amperex Technology Ltd. GWh in 2017—making it Nº 1 globally. GWh in 2017—making it Nº 1 globally. With the opening of the production facility in Germany, the company underlines the importance of the German market.

Germany 150
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Li-ion battery-maker Farasis Energy raises $1B+ to accelerate global automotive battery manufacturing expansion

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Farasis Energy, a global developer and manufacturer of lithium-ion cells, modules and large battery systems, recently completed C-round financing exceeding 1 Billion US dollars. The compay will use the capital raised to accelerate the expansion of its global automotive battery manufacturing infrastructure.

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Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

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Disruptive innovation is typically a Silicon Valley buzzword and not one commonly associated with discussions of gasoline markets. Low-speed electric vehicle sales there appear to have slowed in 2018, but manufacturers still sold nearly 1.5 million of them—roughly 30% more units than conventional electric vehicle makers did.

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Daimler launches new DENZA 500 electric vehicle for the Chinese market; 500 km range

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In 2017, DENZA achieved its best sales performance to date, with retail sales volume increasing by 85% year-on-year, outpacing the industry average, with strong customer reception of the DENZA 400 model. Upgraded connectivity services include charging solutions and the DENZA smartphone application. and BYD Automotive Industry Co.,

Chinese 150
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CCM forecasts 5-fold growth in China Li-ion market by 2017 to meet EV demand

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Growing demand for electric vehicles (EVs) in China is triggering an explosion of investment in the lithium-ion battery industry, with China’s production of power lithium-ion batteries set to jump 400% by 2017, according to market research firm CCM.

Li-ion 150