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CATL-SC officially launches operation of phase 1 of $4.7B Yibin traction battery production project

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The first phase of the traction battery production project of Sichuan Contemporary Amperex Technology Limited (CATL-SC), a wholly-owned subsidiary of CATL, is now in operation. Featuring higher efficiency, the Yibin production base will deliver supporting services to OEM partners not only in China, but also around the world.

Batteries 221
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CATL signs strategic cooperation framework agreement with Chengdu City; battery swap operation

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The two parties will carry out all-round cooperation in the fields of battery swap operation, research and development, comprehensive utilization of resources, manufacturing of key battery materials, new energy and energy storage. Contemporary Amperex Technology Co., and Chengdu Environment Group.

Batteries 150
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Balqon to build electric buses in China with SAIG

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California-based Balqon Corporation, a developer of heavy-duty electric vehicles, drive systems and lithium battery storage devices ( earlier post ), has entered into a Joint Development Agreement with China-based Sichuan Automobile Industry Co., Sichuan Automobile Industry Co.

China 300
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GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

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China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business. More than 45 billion yuan (US$6.5 Click to enlarge.

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Kandi Vehicles signs LOI with China Aviation Lithium Battery Co., Ltd. to promote 20,000 EVs in Hangzhou

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a China-based manufacturer and developer of battery electric vehicles (EVs) and all-terrain vehicles (ATVs), announced that its wholly owned subsidiary, Zhejiang Kandi Vehicles Co., signed a cooperative letter of intent (LOI) with China Aviation Lithium Battery Co., Kandi Technologies Corp.,

China 274
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Johnson Controls begins production of batteries for Start-Stop vehicles in China

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Johnson Controls is expanding its manufacturing operations in China by beginning production of advanced lead-acid batteries for Start-Stop vehicles to help automakers meet increasingly strict fuel economy and emission regulations. In China, the company predicts 40% of all new vehicles will be Start-Stop in this time frame.

China 150
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China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

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China’s State Council has published a plan to develop the domestic energy-saving and new energy vehicle industry, which includes battery-electric vehicles, plug-in hybrid vehicles and fuel cell vehicles. 2012 Chinese Auto Industry Development Report. —Energy-saving and new energy vehicle plan.