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Volkswagen-backed Chinese EV battery maker Gotion takes on rival CATL with superfast-charging LFP product

Volkswagen-backed Chinese EV battery maker Gotion takes on rival CATL with superfast-charging LFP product
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Li zhenLi qiangDavis zhangAmperex technologyContemporary amperex technologyChinese premier li qiangSuzhou hazardtex

Chinese battery maker Gotion starts making energy storage packs at Fremont plant, kicking off made in America initiative

Gotion, China’s fourth-largest EV battery maker, has commenced operations at the first of its three plants in the US. The factory in Fremont, California, has an annual capacity of 1 gigawatt-hours.

United statesSoult ukpyolsiSouth koreaDavis zhangSuzhou hazardtexV batteryEnergy storage systemBattery packsOverseas expansion

Li Auto, Xpeng pace Chinese EV makers in race towards 2023 sales record amid all-time high monthly deliveries

Deliveries hit a record 940,000 units in November, industry body CPCA estimates, as a strong second half of the year puts EV makers on course to meet an ambitious sales target for 2023 despite a bumpy start.

Zhao zhenDavis zhangCui dongshuChina electric vehicle charging infrastructure promotion allianceWan zhuoBeijing based li autoGuangzhou based xpengHang seng indexShanghai gigafactorySuzhou hazardtex

Chinese EV battery maker Eve joins hands with partners including Daimler Truck to set up a US$2 6 billion US plant

Chinese electric vehicle (EV) battery producer Eve Energy ties up with three foreign partners, including Daimler Truck, to build a factory in the US, a move that stamps China’s authority in manufacturing key components for EVs.

Soult ukpyolsiSouth koreaUnited statesDavis zhangFord motorGotion hi techSuzhou hazardtex

Needham & Company LLC Cuts AXT (NASDAQ:AXTI) Price Target to $5 00

AXT (NASDAQ:AXTI – Get Rating) had its target price reduced by Needham & Company LLC from $8.00 to $5.00 in a research report released on Friday morning, The Fly reports. Several other research analysts have also commented on AXTI. Northland Securities cut their price objective on AXT from $9.00 to $5.00 in a report on […]

United statesDavis zhangMorriss youngCraig hallumJpmorgan chase coAxt incCompany profileAmerica corpNeedham companyInvesco ltdYork mellon corpGet ratingNew york mellon corpStreet corp