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Top 10 EV battery manufacturers all Asian companies; China accounts for 56% of market, Korea 26% and Japan 10%

Green Car Congress

The top 10 global producers of Li-ion batteries for electric vehicles are all Asian companies, according to an analysis posted on the Visual Capitalist. Chinese companies make up 56% of the EV battery market, followed by Korean companies (26%) and Japanese manufacturers (10%).

Li-ion 458
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Chinese company reportedly seeks to invest $10B in Afghanistan’s lithium mining sector

Green Car Congress

According to the Afghanistan Ministry of Mines and Petroleum, China-based Gochin Company company seeks to invest US$10 billion in Afghanistan’s lithium mining sector.

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Toyota, 5 Chinese companies establish R&D JV for commercial vehicle fuel cell systems in China

Green Car Congress

Toyota Motor and five Chinese OEMs—China FAW Corporation Limited (FAW); Dongfeng Motor Corporation (DFM); Guangzhou Automobile Group Co., Each company will invest in the joint venture. FCRD is a company that holds tremendous significance for Toyota's global FC strategies. GAC Group); Beijing Automotive Group Co.,

Chinese 405
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Canada orders three Chinese companies to divest from Canadian critical minerals companies

Green Car Congress

The Government of Canada has ordered the divestiture of the following investments by three Chinese companies in Canadian critical mineral companies: Sinomine (Hong Kong) Rare Metals Resources Co., Power Metals Corp is a Canadaian mining company exploring and developing cesium, lithium and tantalum assets in Canada.

Canada 353
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Geely Auto forms new premium electric car company Zeekr; SEA EV architecture

Green Car Congress

Geely Auto Group (Geely Auto) officially announced the widely reported formation of Zeekr—a new electric mobility technology and solutions company based in China that will serve growing global demand for premium electric vehicles. Zeekr aims to deliver a new electric vehicle to market each year in the coming five years.

Companies 435
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Evonik invests in Chinese graphene company SuperC

Green Car Congress

Specialty chemicals company Evonik has invested in battery specialist SuperC. The Chinese company is a provider of graphene materials that improve the range, robustness, charging speed, and service life of lithium-ion batteries. The company’s materials are already used in products from leading Chinese battery manufacturers.

Chinese 279
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Geely launches Methanol Hybrid Emgrand in China market

Green Car Congress

Geely recently launched its Methanol Hybrid Emgrand ( earlier post ) in the Chinese market. The methanol hybrid is based on Geely’s fourth-generation B-segment Modular Architecture (BMA) Emgrand sedan. Geely also offers a non-hybrid methanol-fueled version of the Emgrand. The hybrid houses a 1.8L

Hybrid 488