battery business

2024.07.02

08:29

Eve Energy breaks ground on U.S. battery joint venture

Asia Tech Wire (July 2) -- Chinese battery maker Eve Energy (300014.SZ) has broken ground on a U.S. battery joint venture with Cummins, Daimler Truck and Paccar.

2024.06.24

09:43

CATL says small-volume production of all-solid-state batteries expected by 2027

Asia Tech Wire (June 24) -- Chinese battery giant CATL said it expects to realize small-volume production of all-solid-state batteries by 2027.

2024.05.29

07:01

China may put $828 million to encourage all-solid-state battery R&D

Asia Tech Wire (May 29) -- China may invest about 6 billion yuan ($828 million) in all-solid-state battery research and development, according to China Daily.

2024.03.18

05:55

China's Lead Intelligent secures 20GWh battery equipment order in U.S.

Asia Tech Wire (Mar 18) -- Wuxi Lead Intelligent Equipment Co Ltd (300450.SZ), a China-based supplier of lithium-ion battery manufacturing equipment, has secured a 20GWh lithium battery equipment order in the U.S.

2022.04.21

06:06

Samsung to apply EV battery technique to smartphone production

Asian Tech Press (Apr. 21) -- Samsung SDI Co Ltd (6400.KS), battery subsidiary of South Korea's Samsung Group, is planning to apply its electric vehicle (EV) battery technique to smartphone production.

2022.02.07

09:31

SK's battery unit to invite $3.3 billion pre-IPO funding this week

Asian Tech Press (Feb 7) -- SK's battery-producing unit SK On is reportedly about to do a pre-IPO fundraising this week estimated at 3 to 4 trillion won ($3.3 billion).

2022.01.04

06:15

India's richest man buys British battery technology company for 100 mln GBP

2021.11.02

03:56

S. Korea's SKC to invest $33 million in UK battery material maker Nexeon

Asian Tech Press (Nov 02) -- SKC, the chemical subsidiary of South Korea's third-largest conglomerate SK Group, said it will invest $33 million in British battery materials maker Nexeon, according to media reports.

2021.10.25

07:46

Taiwan's Foxconn, Gogoro to build EV industry ecosystem in Indonesia

Asian Tech Press (OCT 25) -- According to media reports, Foxconn Chairman Young Liu, Gogoro founder Horace Luke and Indonesian Investment Minister Bahlil Lahadalia had a preliminary discussion on the future investment in building a complete battery industry ecosystem in Indonesia.

2021.09.16

07:02

SK Innovations shareholders approve divesting battery business

Asian Tech Press (SEP 16) -- SK Innovations announced on its official website that shareholders have approved the decision to spin off its battery and oil exploration businesses and establish new companies.

2021.09.15

07:50

Tesla battery supplier CATL makes secret bid for Canada's Millennial Lithium

Asian Tech Press (SEP 15) -- Chinese battery manufacturer and technology company Contemporary Amperex Technology Co. Limited (CATL) has made a secret C$377 million (US$298 million) bid for Canadian miner Millennial Lithium Corp., Bloomberg reported, citing sources familiar with the matter.

2021.08.12

08:44

DSK to supply battery production equipment to LG Energy Solutions

05:15

Ford's battery joint venture with SK Innovations to enter Europe

A senior Ford executive said that Ford's electric vehicle battery joint venture with SK Innovations will enter Europe.

2021.08.04

04:02

SK Innovation shares fall after confirming battery business split-off

SEOUL, Aug 4 (Reuters) - SK Innovation Co Ltd confirmed plans to make its battery business a stand-alone unit, sending its shares down as much as much as 7.9% in morning trade to hit a near four-month low.

2021.07.14

04:43

LG Chem to invest $8.7 billion in battery materials and other businesses

South Korea's LG Chem said it plans to invest 10 trillion won ($8.7 billion) by 2025 to accelerate the sustainable growth of its battery materials business and other business lines. This marks a shift toward a more environmentally friendly approach, as LG joins other Korean industrial giants.

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Weekly Highlights

                                    Taiwan's weighted index rose 2.6%, with semiconductor stocks leading the gains, and TSMC rising more than 4%
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                                    Mao Yinian, Vice President of Meituan: Meituan has invested in several robot companies including Yushu and Galaxy General
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                                    A-share SMIC rose more than 5%
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