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ABB launches first DC fast charger compliant with Chinese GB standard

Green Car Congress

ABB launched Terra 53 Z, its first high power DC fast charger that complies with the Chinese GB standard. The new chargers will be manufactured locally in Shenzhen at ABB’s recently established base for electric vehicle chargers. Earlier this year, ABB and Shenzhen BYD Daimler New Technology Co., Earlier post.)

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Li-ion maker Boston-Power adds $30M in funding; China expansion

Green Car Congress

Boston-Power recently broke ground on its new manufacturing site in Liyang. Boston-Power recently broke ground on its new manufacturing site in Liyang. GSR Ventures is an early-stage venture capital firm focused on building world-class technology companies in China.

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

Green Car Congress

The growth capital and Chinese government incentives will be used predominantly to scale manufacturing, research and development, and business development activities in China for the company’s energy storage technology and products. Boston-Power, Inc., GSR Ventures has offices in Beijing and Silicon Valley. Earlier post.).

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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

Green Car Congress

The company has introduced two cell products from its technology platform: Swing cells for transportation and stationary energy storage applications; and Sonata cells for notebook and portable power applications, as well as a family of battery blocks, modules and systems for large format applications.

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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. Growing investments should also push up cash burn rates.

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ZAP, Zhejiang Jonway Partner to Target China and Export EV Markets

Green Car Congress

US-based electric vehicle provider ZAP and China auto manufacturer Zhejiang Jonway Automobile Co. Jonway currently manufactures several thousand units per month of its A380 compact SUV in 3- and 5-door models and is expanding its product line with new model sedans and other automobiles. The Jonway A380. Click to enlarge.

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

Green Car Congress

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. It is anticipated that Lishen, Coda’s battery partner in China, will participate in the US manufacturing joint venture. Earlier post.).

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