Tagged: China

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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GAC Aion Y Plus all-electric SUV launched in Thailand, price starts at 29,900 USD

In August 2023, 26,713 units of Aion Y Plus were sold in China, surpassing BYD Yuan Plus (24,272 units) and only second to the Tesla Model Y (51,117 units) as one of the best-selling pure electric SUVs in China.

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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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