Lithium battery factory to launch over 12th Energy Storage International Conference and Expo

Visitors check out a battery at a Contemporary Amperex Technology facility in Ningde, Fujian province. [ZHU XINGXIN/CHINA DAILY] Lithium battery maker Ampace, a joint venture of Contemporary Amperex Technology Co Ltd, the world’s largest electric vehicle battery maker, and Amperex Technology Limited, a leading producer of lithium-ion batteries, launched on Thursday its latest power storage … Continue reading Lithium battery factory to launch over 12th Energy Storage International Conference and Expo

Chinese billionaire Wang Jianlin’s restructured company attracts $8.3b new investment

Customers visit a Wanda Plaza in Xiamen, East China’s Fujian province. [Photo by Zhou Daoxian/For China Daily] Chinese billionaire Wang Jianlin’s restructured company Xindameng attracted a new investment of about 60 billion yuan ($8.3 billion) on Saturday, marking the largest single investment in the Chinese private equity market in five years. Investors, which include private … Continue reading Chinese billionaire Wang Jianlin’s restructured company attracts $8.3b new investment