SVOLT, the battery manufacturer that emerged from the Chinese carmaker Great Wall, has unveiled its battery pack innovation that is designed to provide increased safety and enable greater range. The new “Dragon Armor Battery” is now available for pre-order by customers worldwide.
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The Chinese battery manufacturer SVOLT has signed the lease for its future factory for the assembly of modules and packs at the Saarland site in Heusweiler. However, there is no mention of the future of the cell factory also planned in Saarland.
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The battery cell manufacturer SVOLT, which emerged from the Chinese carmaker Great Wall, has applied for its IPO in China. The listing on the Star Market technology exchange is expected to bring SVOLT 15 billion yuan (around 2 billion euros).
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The Chinese battery manufacturer SVOLT has started production at its new factory in Suining in Sichuan province. The first expansion stage of the factory, which has now started operation, is designed for an annual capacity of 20 GWh.
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SVOLT has confirmed building another cell factory for the European battery industry in Germany. The new site at Lauchhammer, Brandenburg, is a former wind turbine plant owned by Vestas. The company aims to repurpose it fast, by early 2025.
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SVOLT has followed up on its recent success in solid-state batteries. The company now produced a prototype batch of 20 Ah cells with a solid electrolyte based on sulphide. SVOLT also delivers the first promising numbers.
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According to an analysis by the market research company SNE Research, electric vehicle batteries with a total capacity of 203.4 GWh were installed worldwide in the first half of 2022. The leading supplier was CATL with 70.9 GWh or a market share of 34.8 per cent.
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The battery cell manufacturer SVOLT, which emerged from the Chinese carmaker Great Wall, reports progress in the development of solid cells. The company says it has developed and successfully tested 20 Ah cells with solid sulphide-based electrolyte.
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Chinese battery cell manufacturers CATL and SVOLT have settled a legal dispute. CATL had sued SVOLT in February 2022 after nine former CATL employees moved to two SVOLT subsidiaries.
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Battery cell manufacturer SVOLT is planning to build a new industrial park in the city of Dazhou in China’s Sichuan province. According to an agreement signed with the city, almost the entire production chain for LFP batteries will be located there.
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The Indian battery manufacturer Exide Industries plans to build a battery cell factory in India with an annual capacity of several gigawatt-hours. The company is getting further support from Chinese battery cell manufacturer SVOLT.
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Battery cell manufacturer SVOLT has laid the foundation stone for a new battery factory in China. The factory in Yancheng in the Chinese province of Jiangsu is scheduled to go into operation in the first half of 2023 and will have an annual capacity of 22.3 gigawatt-hours.
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SVOLT presented its new product category from the lithium iron phosphate battery cell family at a company event. The cell variant with LiFePO4 cell chemistry is expected to be produced from the third quarter of 2022.
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SVOLT has raised 6 billion yuan in a financing round, the equivalent of around 833 million euros. The battery cell manufacturer plans to invest the fresh capital mainly in the development of new technologies and the construction of new production facilities and R&D centres. This is already the third financing round this year.
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The battery cell manufacturer SVOLT, which emerged from the Chinese carmaker Great Wall, wants to significantly increase its production capacities planned for 2025 – from the previously announced 320 GWh to 600 GWh per year by this deadline.
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The German chemical company BASF and the Chinese battery cell manufacturer SVOLT have agreed on a comprehensive partnership. The two companies want to cooperate in the development of new battery materials and the supply of raw materials, as well as in recycling.
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The battery cell manufacturer SVOLT, which emerged from the Chinese carmaker Great Wall, wants to further expand its production capacities in China. Another cell factory is now to be built in Chengdu, which is to have a capacity of 60 GWh in the third expansion stage.
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The Chinese battery cell manufacturer SVOLT has announced the conclusion of a B-financing round of 10.28 billion yuan (about 1.33 billion euros). In addition to the development of new technologies, this will primarily be used to finance the establishment and expansion of production capacities.
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SVOLT has started series production of its novel cobalt-free nickel-manganese battery cells (NMX) in Jintan, China. The cells could also be produced in the planned plant in Saarland for the European market by the end of 2023.
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From 2025, Stellantis will also source its batteries for electric cars from SVOLT. The fact that SVOLT will be one of the future suppliers of battery cells alongside CATL, BYD, Samsung and LG Energy Solution was already mentioned by Stellantis a few days ago when it presented its new electric strategy.
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Stellantis has presented its new electrification strategy. The multi-brand group wants to achieve 70 per cent of its sales in Europe and 40 per cent in the USA with “low emission vehicles” by 2030. In Europe, Opel is to become an electric brand by 2028.
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SVOLT, the battery cell manufacturer that emerged from the Chinese carmaker Great Wall, has announced new lithium-ion cells that will use safety technology from Soteria Battery Innovation Group (BIG) for the first time. The market launch of these cells is planned for the third quarter of 2021.
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SVOLT began mass-producing cathode materials that do away with cobalt this April. In Jintan, Eastern China, the factory is churning out cobalt-free products for NMX battery cells on schedule after successful trials closed in January.
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The battery cell manufacturer SVOLT, which emerged from the Chinese carmaker Great Wall, is expanding its production capacities in China. New factories are planned in Huzhou in China’s Zhejiang province and Suining in Sichuan province, each with annual capacities of 20 GWh.
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The first cobalt-free battery cells announced by SVOLT are now available for order worldwide. The NMX cells will initially be offered in two sizes: a 115 Ah version with 245 Wh/kg and a 226 Ah cell variant with 240 Wh/kg.
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The Chinese battery cell manufacturer SVOLT will build its European battery cell factory in the German state of Saarland. The cell factory itself is to be built in Überherrn, and an assembly of modules and packs in Heusweiler. Cell production is scheduled to start at the end of 2023.
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Citroën plans to position the next generation of its C3 small car as a particularly affordable electric model. According to a report in the French media, the PSA brand wants to position two versions well below PSA’s familiar electric drive.
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Battery cell manufacturer SVOLT Energy Technology will supply its parent company Great Wall with cobalt-free cells starting next year. SVOLT President Yang Hongxin has also said that the choice of location for the European plant is in the “final phase”.
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According to insiders, SVOLT, the battery cell manufacturer that emerged from the Chinese car manufacturer Great Wall, has received a large order from the French PSA group. SVOLT will supply PSA with battery cells with a total capacity of more than 7 GWh.
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According to a British news site, Mini is planning the first electric model as a five-door SUV as part of the Spotlight Automotive joint venture. There is also speculation about the cell supplier and a larger SUV for the USA.
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