China plans to invest more than 6 billion yuan ($830 million) in a government-led project to develop solid-state batteries with six firms eligible for state funding to work on the next-generation t.
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View moreChina plans to fund a project for developing solid-state batteries with an investment of more than 6 billion yuan (766 million euros). Six companies will be eligible for the government funding.
View moreChina plans to invest more than 6 billion yuan ($830 million) in a government-led project to develop solid-state batteries with six firms eligible for state funding to work on the...
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View moreChina plans to invest around 6 billion yuan ($845 million) to develop next-generation battery technology powering electrical vehicles (EVs), even as its industrial policy has sparked...
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View moreREUTERS/Tingshu Wang/File Photo Purchase Licensing Rights BEIJING, May 29 (Reuters) - China plans to invest more than 6 billion yuan ($830 million) in a government-led project to develop solid-state batteries with six firms eligible for state funding to work on the next-generation technology, a person with direct knowledge of the matter said.
Many companies have also entered the related supply chains as they sense huge business opportunities. On May 22, Chinese battery suppliers Great Power and Zhuhai CosMX Battery announced their new battery manufacturing projects that are worth billions of yuan in investments. Both projects will be focusing on energy storage batteries.
Please visit our U.S. State Supplement for more information. China plans to invest around 6 billion yuan ($845 million) to develop next-generation battery technology powering electrical vehicles (EVs), even as its industrial policy has sparked overcapacity concerns and become a key target of US and European complaints.
On May 22, Chinese battery suppliers Great Power and Zhuhai CosMX Battery announced their new battery manufacturing projects that are worth billions of yuan in investments. Both projects will be focusing on energy storage batteries. Great Power Plans to Build 36GWh Battery Project in Qingdao
China’s Ministry of Industry and Information Technology in June finalised revised guidelines for the country’s lithium-ion battery industry, which set higher standards for energy intensity, power density, cycle life and other battery specifications.
CosMX Plans to Build Project in Sichuan for Manufacturing Energy Storage and NEV Power Batteries According to Zhuhai CosMX Battery’s announcement, its holding subsidiary Zhejiang CosMX plans to set up a battery manufacturing project in Deyang, which is a city in China’s Sichuan Province.
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