TianNeng Holdings: Solid State Batteries have been delivered in small batches to manufacturers in the Drone field, and a lead Rechargeable Battery factory in Vietnam is planned to be established next year | Directly covering the Earnings Conference.
① In the view of Chairman Zhang Tianren, the Southeast Asian region is a market with significant growth potential. The company has established localized offices in seven countries and signed contracts with about 30 overseas Dealers; ② In terms of Solid State Battery, the company is collaborating with downstream manufacturers in the electric bicycle sector to conduct product testing and verification.
A year-on-year increase of 32%! Global electric vehicle sales have set historical highs for three consecutive months, with China accounting for 70% of the market.
The performance of the China market is impressive, with sales in November growing by 50% year-on-year to reach 1.27 million vehicles, accounting for about 70% of Global total sales. Overall Auto sales in China for November increased by 16.6% compared to the previous year, marking the highest growth rate since January this year. BYD is expected to exceed the annual Global sales target and surpass Ford and Honda.
Intensifying the layout of the energy storage Business, Weidong Electric plans to acquire 51% equity of Zhongmin Guangfu.
① Wu Bo stated that the company plans to add an annual production capacity of 5GWh for energy storage systems, with products primarily used in wind and solar power generation within electrical utility systems. The company's existing partnerships within the electrical utilities sector, including with Goldwind Science& Technology, are advantageous for market expansion; ② As of Q1, the 232kWh commercial and industrial energy storage system, large-capacity grid source measurement and energy storage system, and EMS grid connection energy management system developed by the company have achieved multiple project deliveries.
Gotion High-tech plans to invest over 19 billion yuan to build two major overseas production bases | Quick Announcement
① Gotion High-tech plans to invest in the construction of high-performance Lithium Battery and supporting projects with an annual production capacity of 20GWh in Slovakia and Morocco, with a total investment not exceeding 2.514 billion euros (approximately 19.2 billion yuan); ② Overseas expansion has always been one of the company's key Global Strategy directions, and regarding base construction, Pack factories in Germany, Thailand, and Silicon Valley in the USA have already been put into operation.
Jointly developing Solid State Battery, Sunwoda Electronic partners with Xiamen Tungsten New Energy | Quick Read Announcement.
1. Sunwoda Electronic and Xiamen Tungsten New Energy have signed a "Global Strategy Cooperation Framework Agreement" focused on the research and development of Solid State Battery electrolytes and related materials; 2. Currently, Sunwoda Electronic's Solid State Batteries are in the laboratory stage, and Xiamen Tungsten New Energy is collaborating with battery companies to develop a brand new structure for Cathode Material.
There has been no further news on the collaboration with Contemporary Amperex Technology, and CNNC Hua Yuan Titanium Dioxide is partnering with Guangdong Construction to sign a 4.27 billion yuan Energy project丨Quick Read Announcement.
① CNNC Titanium-White and Guangdong Construction Engineering plan to invest a total of 4.27 billion yuan to build related energy projects; ② Previously, the 10 billion yuan new energy project that the company and Ningde Times planned to invest did not follow.