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BYD sells 18,220 EVs in China in November, up 128% year-on-year

Green Car Congress

Chinese automotive manufacturer BYD sold 18,220 pure-electric passenger vehicles in November, up by 22.1% GWh of power and energy storage batteries in November, up by 28.7% from October and by 127.8% from a year earlier. November sales of plug-in hybrids passenger vehicles hit 7,333, up by 2.9% on the month and by 174.1%

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Argus: China’s Southern Rare Earth ups Tb, Ho, Gd, Dy prices; rising magnet demand

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Chinese medium and heavy rare earths producer Southern Rare Earth has continued to raise its weekly prices for terbium, holmium, gadolinium and dysprosium, supported by a shortage of spot supplies and firmer magnet demand, according to Argus.

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Boston-Power to supply Li-ion battery systems to Beijing Electric Vehicle Company for EVs, starting with Saab 9-5 based C70

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a provider of next-generation lithium-ion battery cells, modules and systems ( earlier post ), has entered a multi-year agreement to provide lithium-ion battery systems to Beijing Electric Vehicle Company (BJEV), the electric vehicle delivery arm of Beijing Automotive Industry Company (BAIC). Boston-Power, Inc., Earlier post.).

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Li-ion battery maker Boston-Power announces $125M in new financing; focus on and support from China

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a provider of lithium-ion battery cells, modules and systems ( earlier post ), announced $125 million in new funding from a combination of private equity investment and support from China. As part of its plans, Boston-Power is establishing an R&D and EV battery engineering facility in China. Boston-Power, Inc., Reorganizing.

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China EV industry sell-off creates opportunity, says Morgan Stanley

CN EV Post

Shares of major Chinese electric vehicle (EV) makers have generally suffered a sell-off so far this year, as the sector's weak sales at the start of the year and recent widespread price wars have raised investor concerns.

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Yardney and Coda Automotive Form JV for US Automotive Li-ion Systems Production; Lishen Expected to Participate

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34 kWh battery pack for Coda sedan. and California-based Coda Automotive have entered into a joint venture (Coda Battery Systems LLC) to design, manufacture and sell automotive-grade, lithium-ion battery systems in the United States. one of largest suppliers of lithium-ion batteries in the world. Click to enlarge.

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A123Systems Raises $69 Million in New Round of Private Financing; GE Increases Ownership to More than 10%, Director of GE Global Research to Join Board

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A123Systems has raised $69 million from GE and other investors to accelerate the expansion of its US lithium-ion battery manufacturing and smart grid capabilities. The funding will also support A123’s efforts to develop applications for the smart grid, such as utility-scale energy storage. Earlier post.) Earlier post.) Earlier post.)

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