Global Organization

Are Chinese energy storage companies weighing investments in Vietnam?

HANOI, June 8 (Reuters) - Two Chinese makers of energy storage systems and batteries are weighing investments worth hundreds of millions of dollars in Vietnam, industry and government sources said. The combined value of the investments could exceed $1 billion, according to one person with direct knowledge of the discussions.

Who is the leading battery manufacturer in Vietnam?

PINACO is now the leading battery manufacturer Vietnam with four main production facilities which employs over 1300 employees.PRODUCTS:The offers ... Established in 2006,LCB, is one of the leading Valve Regulated Sealed Lead Acid (SLA) Battery manufacturers & exporters Taiwan and Vietnam.

How much will China invest in Vietnam?

The combined value of the investments could exceed $1 billion, according to one person with direct knowledge of the discussions. A growing number of Chinese companies are launching or expanding manufacturing projects in Vietnam, a global export hub thanks to its array of free trade deals and cheap labour.

Will Growatt build a new factory in Vietnam?

Growatt New Energy, which leases a pre-fabricated plant in Vietnam, is planning to spend about $300 million to acquire about 15 hectares of industrial land to build a new factory, the first source said. A separate source familiar with the discussions also said Growatt plans to expand in Vietnam.

Does hithium have a new deal in Xiamen?

The sources were not authorised to speak to media and declined to be identified. Hithium, which is based in the southeastern port city of Xiamen, said in a statement to Reuters that it had no new deals near closing. It also said it plans to expand its production capacity to 70 Gigawatts (GW) by the end of this year from just 15 GW now.

Chinese battery firm Gotion invests $150 million in VinFast

Chinese battery firm Gotion invests $150 million in VinFast 25/08/2023 l 10:48 Chinese battery manufacturer Gotion Inc. has agreed to acquire 15 million ordinary shares of …

Chinese battery manufacturer Sunwoda to pour $300

Chinese battery manufacturer Sunwoda plans to make an additional $300 million investment in the northern province of Bac Giang. The information was shared at a …

VinFast partners with Gotion High-Tech in LFP battery cell R&D

The new rules encourage cascade utilization enterprises to collaborate with NEV makers, battery producers, and automobile dismantling companies, on sharing information and …

Chinese Battery Producer CATL Unveils First-Gen Sodium-ion Battery

China''s leading battery manufacturer CATL launched its first generation of sodium-ion (Na-ion) ... its first generation of sodium-ion (Na-ion) battery on July 29, as …

Chinese Battery Companies Plan Big Investments in …

The Lede: Two Chinese energy storage and battery companies are considering large investments in Vietnam. What We Know: Industry and …

Chinese battery maker recognised for direct …

Chinese battery manufacturer NPP New Energy clinched three major awards at a ceremony honoring outstanding foreign direct investment (FDI) enterprises held at Hanoi, capital of Vietnam on August 17. The three awards …

Vietnam''s Vingroup builds battery plant with China''s Gotion

HANOI -- Vingroup has broken ground on a new battery factory, as Vietnam''s largest private-sector conglomerate looks to build a supply chain at home f Company looks to …

VinFast and Gotion High-Tech to produce EV …

The Vietnamese company plans to build its production facilities for battery and charging equipment in the US and Europe, as part of its global expansion strategy. X. ... a Chinese technology-driven company, will jointly …

Exclusive: Chinese energy storage, battery firms consider big ...

HANOI, June 8 (Reuters) - Two Chinese makers of energy storage systems and batteries are …

[Weekly Highlights] Chinese government invests 1 trillion won in …

SK Eco sells stake in U.S. battery recycling company According to the investment banking (IB) industry on the 29th, SK Eco Plant is seeking to sell its stake in Ascend Elements, …

Chinese Battery Companies Plan Big Investments in Vietnam

The Lede: Two Chinese energy storage and battery companies are considering large investments in Vietnam. What We Know: Industry and government sources revealed …

China has invested billions of dollars in Vietnamese battery ...

Growatt New Energy, another major Chinese company, plans to invest around $300 million in the construction of a battery manufacturing plant in Vietnam with a capacity of …

Chinese battery maker recognised for direct investment in …

Chinese battery manufacturer NPP New Energy clinched three major awards at a ceremony honoring outstanding foreign direct investment (FDI) enterprises held at Hanoi, …

Exclusive: Chinese energy storage, battery firms consider big ...

HANOI, June 8 (Reuters) - Two Chinese makers of energy storage systems and batteries are weighing investments worth hundreds of millions of dollars in Vietnam, industry and …

Hanoi Battery JSC Share Price | HN: PHN Stock

Hanoi Battery Joint Stock Company manufactures and sells batteries under the RABBIT brands. The company trades in raw materials to produce batteries; and rents workshops, office …

Chinese battery maker recognised for direct investment in Vietnam ...

Chinese battery manufacturer NPP New Energy clinched three major awards …

Chinese battery firm Gotion invests $150 million in …

Headquartered in Silicon Valley, California, Gotion maintains research and development centres in the US, China, Japan, Singapore, and Europe. Gotion High Tech is involved in producing battery components, …

VinFast partners Chinese company for making electric car batteries

Automaker VinFast has tied up with Chinese company Gotion High-Tech to research and produce electric car batteries as part of its vision to become a global brand. ... Hanoi, HCMC apartment …

Two Chinese battery firms to invest $1 billion into Vietnam

Two Chinese energy storage system and battery firms are considering investments in Vietnam with a total of $1 billion, Reuters cited industry and government …

Chinese energy storage, battery firms consider big investments in ...

HANOI -- Two Chinese makers of energy storage systems and batteries are weighing investments worth hundreds of millions of dollars in Vietnam, industry and …

Chinese battery maker recognised for direct investment in Vietnam

Chinese battery manufacturer NPP New Energy clinched three major awards at a ceremony honoring outstanding foreign direct investment (FDI) enterprises held at Hanoi, …

Two major Chinese battery makers are considering building new …

Hithium, a leading Chinese manufacturer of energy storage systems, plans to invest $900 million to build a manufacturing plant on a 30 ha site in the northern province of Hai Duong. If the …

What drives Chinese battery companies to flock to Vietnam?

According to the China Securities Times (STCN), Sunwoda, a Chinese battery manufacturer, plans to establish a company in Vietnam through its subsidiary in Hong Kong …