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Northern Graphite closes acquisition of two graphite mines; 3rd largest non-Chinese graphite company

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The acquisitions will provide Northern with 40-50,000 tonnes per year (tpy) of graphite production capacity in Québec and Namibia, which will make it the third-largest non-Chinese natural graphite producing company. million in lease payments for use of the land and buildings.

Namibia 284
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MAN propane-fueled ME-LGIP to power Chinese VLGC

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Jiangnan Shipyard, owned by China State Shipbuilding Corp (CSSC), has ordered an LPG (liquefied propane gas)-burning MAN B&W 6G60ME-LGIP engine in connection with the building of an 86,000-m 3 VLGC (Very Large Gas Carrier) for Tianjin Southwest Maritime (TSM), the Chinese shipping company. HFO-burning engines to 6G60ME-C9.5-LGIP

Chinese 317
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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. CATL) is building its first plant outside of China in Thuringia, Germany. CATL) was founded in 2011 and listed on the stock exchange in 2018. The focus of the 14 GWh plant is on the automated production and intelligent production of batteries.

Germany 170
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Hyundai Motor Group building new fuel cell system plant in China; first outside of Korea

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Moreover, the Group will work with Chinese companies to participate in the Guangdong government’s hydrogen-related pilot project and initiatives, which will help Hyundai secure a competitive advantage in China’s hydrogen industry.

Hyundai 277
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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. CATL) is building its first plant outside of China in Thuringia, Germany. CATL) was founded in 2011 and listed on the stock exchange in 2018. The focus of the 14 GWh plant is on the automated production and intelligent production of batteries.

Germany 150
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Volkswagen Group and Chinese manufacturer Ganfeng sign memorandum of understanding for long-term lithium supplies

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This specialized team is focusing on building close relationships with the raw material industry. GFL is the world’s leading lithium compounds and metal manufacturer and dually listed on Chinese A share in 2010 and Hong Kong H share in 2018.

Chinese 268
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Chinese EV company Xpeng Motors raises US$400M in Series C; Xiaomi strategic investor

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In addition to the latest equity raising, Xpeng Motors has also successfully diversified its funding sources by securing several billions of RMB-denominated unsecured credit lines from leading Chinese and international banks including China Merchants Bank, China CITIC Bank and HSBC. Xpeng Motors achieved numerous milestones this year.

Chinese 199