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Chinese battery company takes 22% stake in Valmet Automotive; strategic partnership for EVs

Green Car Congress

China-based Contemporary Amperex Technology Limited (CATL), a leading global provider of battery and energy storage solutions, has taken a 22% stake in Finland-based Valmet Automotive as part of a new strategic partnership in electric automotive solutions. At the end of 2016, CATL employed more than 10,000 employees worldwide.

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Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

per barrel prices in 2015 and 2016, oil export revenues will undershoot these pessimistic IMF projections, as crude prices are projected to stay below $60 through 2016 (EIA estimates for Brent are $54.07 in 2015 and 2016 respectively). in 2015 and 2016 respectively). billion respectively). Wary of U.S.

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China’s battery supply chain tops BNEF ranking for third consecutive time; Canada close 2nd, US drops to 3rd

Green Car Congress

Strong battery demand for stationary storage and rapidly accelerating passenger vehicle sales (rising from 5% in 2022 to 34% by 2027) ensure that it places high on the leaderboard. Most European countries declined in their overall performance this year with Finland and Czechia being the only exceptions.

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