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Lithium race: CATL aims to beat Tesla’s Gigafactory by 2020

Tesla received over 400,000 reservations for the Model 3, an electric car that no customer has seen; and the Model 3 will rely on lower battery costs from its Gigafactory. The mass production of Tesla’s lower cost Model 3 has awakened traditional carmakers to the necessity of electrifying their powertrains,

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Chinese president tours Tianjin EV battery maker

TIANJIN – Chinese President Hu Jintao recently visited several high-tech companies in north China’s Tianjin, including Lishen Battery Joint-stock Co., Ltd., a major Li-ion battery firm in China. Hu urged the battery maker to strive for further progress in core technological research and contribute more to the development of China’s new energy

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