With the development of the new energy vehicle market, the number of listed enterprises with operations in the lithium industry is increasing. As a global battery leader, CATL has supported the public listing targets of its own raw material suppliers.
More than 10,000 livestreamers in China’s rural areas participated in Alibaba's a week-long livestreaming Harvest Festival, driving its local economy with the leverage of the trending technology.
A subsidiary of Chinese leading battery maker CATL has planned a new lithium salt project that could house as much as 110,000 tons in Longyan City, Fujian Province.
SHEIN, a global e-retailer of fashion, beauty and lifestyle products, on September 28 announced its target to reduce overall emissions across its entire value chain by 25% by 2030, as well as its greenhouse gas emissions inventory for 2021.
NIO, one of China's leading new energy vehicle firms, announced on September 29 that its first battery swap station in Germany has officially been launched in Zusmarshausen.
An investment roadmap released on September 27 by Chinese battery company EVE Energy, which has a market value of over 170 billion yuan ($23 billion), has offered further insight into the potential of the lithium industry.
The Shanghai municipal government announced on September 21 that the city's first batch of fuel cell vehicles for ride-hailing will be put into operation by the end of this month.
China's leading battery maker CATL announced on September 22 that it has agreed with FlexGen, a US-based energy storage technology company, to supply it with 10GWh of EnerC containerized liquid-cooling battery systems over the course of three years.
Chinese automotive giant SAIC Motor announced on September 22 that it has jointly established a battery swapping firm alongside Sinopec, PetroChina, CATL and Shanghai International Automobile City.
On September 21, CATL-FAW Power Battery Co., Ltd., a subsidiary of leading Chinese battery firm CATL, held a ceremony during which it acknowledged "the second anniversary of production and annual output value exceeding 10 billion yuan ($1.41 billion)."
Chinese second- and third-tier battery manufacturers have been ramping up production and accelerating their overseas presence this year, vying for market share alongside first-tier players such as CATL and BYD.
WeView, a Shanghai-based new energy storage enterprise, announced on September 21 that it had completed several rounds of financing in six months, with a total amount exceeding 400 million yuan ($56.8 million).
On September 17, CATL announced that its self-developed MTB (Module-to-Bracket) technology will be applied to the heavy duty truck battery swap project of Qiyuan Green Power, a Chinese power battery swap operator.
Chinese tech giants Alibaba is among the leading green energy buyers, ranking the second in the list for all Chinese companies, according to a ranking list of top buyers and sellers by research provider BloombergNEF last week.
As tight supply of lithium resources sends prices skyrocketing, more cost-effective sodium-ion batteries are now attracting the attention of various parties within the Chinese market.