Battery manufacturer SVOLT has signed an agreement with the municipal government of Chengdu to build a 60GWh battery production base. Chinese website Gasgoo reported that SVOLT will invest CNY 22 billion to build a battery production plant and an R&D center in Jianzhou New Town, a district for advanced industries in the eastern part of […]
Global Lithium-Ion Battery Planned Capacity Grows 4% In A Single Month — Charts!
Another month passes, another 43 GWh of battery factory capacity is brought into the planning pipeline for production in 2023, adding over 4% to the global total, in just a single month (50% annualized growth). Planned annual output by 2023 will soon cross 1,000 GWh of capacity, with over two-thirds of it in China. That’s […]
