Green Car Congress

JUNE 13, 2014

China Wanxiang Holding announced the planned formation of a joint venture between its wholly-owned subsidiary, Puxing Energy, and NEC Corporation to pursue grid energy storage opportunities in the Chinese market.

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Energy Storage Grid China Energy 225

Green Car Congress

JULY 18, 2011

a division of the Chinese conglomerate Wanxiang Group Corporation, have received approval from the Chinese government for their joint venture to co-manufacture lithium-ion energy storage systems for the China market. Ener1, Inc. and Wanxiang Electric Vehicle Co.,

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Chinese Lithium Ion Li-ion Energy Storage 186

Green Car Congress

OCTOBER 20, 2022

The US Department of Energy (DOE) is awarding a combined $2.8 billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. Earlier post.) Of that, $1.6

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Parts Batteries Battery Lithium Ion 459

Green Car Congress

JANUARY 16, 2013

DongFeng Motor Corporation is a Chinese state-owned automotive manufacturing company headquartered in Wuhan, China. It is traditionally included as one of the “big 4” Chinese automakers, along with Chang’an Motors, FAW Group and SAIC Motor. —Joseph Chao, Electrovaya’s Associate for the China electric vehicle market.

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Li-ion China Motor Motors 218

Green Car Congress

AUGUST 8, 2012

A123 Systems, a developer and manufacturer of advanced lithium-iron phosphate batteries and systems, signed a non-binding memorandum of understanding (MOU) with Wanxiang Group Corporation establishing the framework for a strategic investment through which Wanxiang would invest up to $450 million in A123. million (a decrease of 53% from $36.4

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2012 2011 Convert Corporation 273

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JUNE 1, 2010

comes on the heels of the company’s announcement last week of a manufacturing joint venture with Wanxiang Corporation, the largest tier-one supplier to the Chinese auto industry. The new equity injection for Ener1, Inc. Earlier post.). Earlier post.).

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Indianapolis Li-ion Chinese Energy Storage 170

Green Car Congress

AUGUST 16, 2012

US-based Li-ion battery manufacturer A123 Systems announced the execution of definitive agreements with China’s Wanxiang Group Corporation, which follows the non-binding memorandum of understanding (MOU) that A123 signed with Wanxiang on 8 August 2012. Earlier post.)

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Convert Li-ion Financing Massachusetts 231