28
May
15:14
Farasis, Geely target 120 GWh/y battery capacity through JV
Chinese battery manufacturer Farasis Energy is setting up a joint venture with carmaker Geely Technology, eyeing a battery production capacity of 120 gigawatt-hours per year.
The companies announced earlier this month the JV will have a registered capital of 1 billion yuan ($157 million) and should cover at least 80% of battery demand from Geely and its subsidiaries, as well as the Geely Commercial Vehicle Group. Under the deal, the purchase price “won&rsquo…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous