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Octillion Power Systems moves US headquarters to Richmond, Calif.; Li-ion packs for transportation and stationary storage

Octillion Power Systems, a global provider of advanced lithium-ion batteries, has moved to a new US headquarters in Richmond, California. (Earlier post.) The company’s North and South American operations will be based there. Octillion also has relocated a battery manufacturing line from its previous facility in Hayward, California, where the. ....

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China EV battery maker Octillion looks to cash in on carbon neutral drive


By Reuters Staff
3 Min Read
HEFEI, China (Reuters) - China’s push towards carbon neutrality as well as its growing manufacturing might will allow electric vehicles (EV) to compete equally with standard cars by 2030 and drive the sector to new heights, the head of a leading Chinese EV battery maker said.
“Obviously, battery cost is the main driver,” said Peng Zhou, chief executive of Octillion Power Systems, a lithium-ion battery supplier headquartered in Hefei in Anhui province. “Economies of scale alone, coupled with innovation, will be sufficient to reach the parity line by 2030.”
China, the world’s biggest producer of climate-warming greenhouse gases, aims to bring emissions to a peak before 2030 and to become carbon neutral by 2060. ....

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China EV Battery Maker Octillion Looks to Cash in on Carbon Neutral Drive


China EV battery maker Octillion looks to cash in on carbon neutral drive
HEFEI, China (Reuters) - China s push towards carbon neutrality as well as its growing manufacturing might will allow electric vehicles (EV) to compete equally with standard cars by 2030 and drive the sector to new heights, the head of a leading Chinese EV battery maker said.
Obviously, battery cost is the main driver, said Peng Zhou, chief executive of Octillion Power Systems, a lithium-ion battery supplier headquartered in Hefei in Anhui province. Economies of scale alone, coupled with innovation, will be sufficient to reach the parity line by 2030. ....

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