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Recent LG Chem, CATL, & SK Innovation Battery News

Three of the top companies in EV battery world had some notable news at the end of April that never saw the light of day here on CleanTechnica. Let’s jump into them

CleanTechnica

CATL Says It Has A Million Mile Battery. Is There A Connection To Tesla?

CATLCATL says it has a battery ready for sale that has a 16-year life and can power an electric car for 2 million kilometers.

CleanTechnica

Energy Storage News: CATL Factory In Germany & Rio Tinto’s Lithium Plant In California

CATL battery factorySupply increases to meet demand. CATL is building its first battery factory outside China in Germany and Rio Tinto says leftover rocks from its borax mine in California may have a higher concentration of lithium that any other US location.

CleanTechnica

CATL & Honda Sign 56 GWh Battery Cooperation Agreement For EVs & Hybrids

Contemporary Amperex Technology Co., Ltd. (CATL) is one of the top suppliers of EV batteries in China and has been making inroads into supplying companies outside of China, such as BMW, Volkswagen, Nissan, and Renault. Now we have news that Honda has signed an agreement with CATL for 56 GWh of batteries

CleanTechnica

EV Battery Giant CATL Planning $2 Billion IPO To Fund Expansion, Including New 24 GWh Manufacturing Plant

The China-based electric vehicle battery manufacturer Contemporary Amperex Technology Co Ltd (CATL) is now planning a $ 2 billion IPO to be completed by the end of June 2018, with the funds to be used to accelerate the company’s expansion plans
CleanTechnica