The world’s largest Lithium-Ion battery maker Contemporary Amperex Technology Co (CATL) has had a dramatic IPO listing on the Chinese stock market (ChiNext) jumping a whopping 76% in just 4days after raising $1Bn of expansion funds. It seems the Chinese public can’t get enough of Lithium-Ion battery makers as the...
Chinese companies are searching the world’s mines for lithium and other minerals that make up the minerals required for Lithium-Ion batteries used in electric vehicles. China’s ambition is to lead the world in the production and use of new energy vehicles (ie Electric vehicles). The Chinese government is anxious for...
Volkswagen and Chinese battery supplier Gangfeng Lithium have signed a letter of intent stating the intention for Gangfeng to supply its lithium ion battery cells over the next decade.   Gangfeng is already the preferred supplier for several companies such as Tesla, LG, Chem and BMW.