Formosa Smart Energy Tech (FSET) has reportedly been approached by a major European carmaker with plans to jointly construct a lithium battery plant in the US.
The US energy storage sector pointed out that in the past two years, due to the lithium battery price increases, many system installation cases were left idle or even halted as their...
Lithium iron phosphate (LFP) battery supply chain players outside China are moving to seek backup supply packages as they are worried that China's upcoming restrictions on...
China is looking to restrict technology exports for solar wafers, which is raising concerns among lithium battery makers in other countries as to whether they will become the next...
There have been market rumors about a Korean lithium battery maker planning to work together with a Chinese maker to complement each other's technical advantages even before the US...
Despite US-China tensions remaining intense, Chinese lithium battery cell makers are still eager to set up manufacturing operations in the US, eyeing huge business opportunities brought...
First-tier China-based lithium battery makers, in view of booming demand for batteries used in electric vehicles and energy storage systems, will actively expand production capacities...
Formosa Plastics Group (FPG) has taken a big stride forward in the development of lithium batteries for household, commercial energy storage and charging pile applications, with its...
The lithium battery sector has become the hottest due to the US recently passing the Inflation Reduction Act of 2022 (IRA). The IRA is aiming to fight inflation with green energy...
China's EV battery demand continues to grow, leading to frequent production expansion by significant suppliers in the lithium battery sector. The market scale is over CNY100 billion...
China's top-3 power battery makers Contemporary Amperex Technology (CATL), Ganfeng Lithium Group and EVE Energy have been aggressively proceeding with capacity expansions, with their...
Main China-based lithium-ion battery makers, in view of large potential demand for energy storage systems, have been actively investing in setting up additional production capacities,...
Taiwan jumped to the top source of FDI (foreign direct investment) in Thailand in the first half of 2022 from fifth place in 2021 thanks to a major investment project by Foxconn Technology...
Plug-in electrical vehicles (PHEV) are expected to regain significant growth momentum for sales in the US market, as American consumers buying such vehicles will enjoy equal investment...
The US and European countries are aggressively proceeding with deployments in localized production of EV-use batteries while makers in China continue to accelerate capacity expansions...