Following EV battery agreements with CATL and EVE Energy last fall, BMW shared it is adding SVOLT Energy to its rolodex. The battery developer is a spinoff of China’s Great Wall Motor and has reportedly been awarded a massive contract to supply EV builds in Europe worth up to $13 billion.
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A Chinese media outlet is reporting that EV automaker NIO is recruiting the help of battery systems manufacturer, SVOLT Energy Technology Co., Ltd. Several sources state that NIO is recruiting the assistance from SVOLT to assist in the development of its own in-house large cylindrical EV batteries, which has reportedly decelerated as of late.
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Battery systems manufacturer SVOLT has unveiled a cobalt-free battery pack at the Chengdu Motor Show in China. The company now claims to be the first to create a cobalt-free battery that has reached series production, although other battery manufacturers have claimed similar production achievements.
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