Author: Phate Zhang/CnEVPost

Lithium prices fall below key level in China as new downtrend continues

The price of battery-grade lithium carbonate fell below RMB 200,000 per ton for the first time in four months, as industry players' expectations of supply-demand balance changes.

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Chinese EV battery maker Gotion to build $2 billion plant in Illinois, to start production in 2024

The plant will focus on lithium-ion battery cell and pack production and energy storage system integration, and is expected to produce 10 GWh battery packs and 40 GWh cells when completed.

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Chinese EV battery maker Gotion to build $2 billion plant in Illinois, to start production in 2024

The plant will focus on lithium-ion battery cell and pack production and energy storage system integration, and is expected to produce 10 GWh battery packs and 40 GWh cells when completed.

The post Chinese EV battery maker Gotion to build $2 billion plant in Illinois, to start production in 2024 appeared first on CnEVPost.

For more articles, please visit CnEVPost.