China-Israel collaboration for rechargeable car batteries

29/11/2018

 

Chinese lithium battery maker Eve Energy is teaming up with an Israeli firm

 

It is now clear that electric cars will be the future of private mobility and, for this reason, rechargeable batteries and lithium are becoming increasingly important. It is even more important for China, which will be the world’s leading power generation car.

Among the new frontiers that open up to rechargeable lithium batteries, that of Chinese lithium battery maker Eve Energy, which is teaming up with an Israeli firm to start mass producing fast-charging batteries for electric vehicles and smartphones in China.

 

StoreDot owns an exclusive fast-charging technology that it uses to make cells for cars and electronic devices

 

Huizhou-based Eve said in a statement that it penned a deal with battery-making startup StoreDot on Nov. 26. StoreDot owns an exclusive fast-charging technology that it uses to make cells for cars and electronic devices, like phone, tablets and laptops.

This agreement for Eve could be a further step forward in the conquest of the world market. The global car manufacturers that rely on the Chinese company, meanwhile, are increasing. Earlier this year, for example, Eve received a 10-year purchase order from German automotive giant Daimler, the firm behind the Mercedes-Benz brand, for its electric car batteries.

 

Eve was the first Chinese company dedicated to lithium batteries to go public

 

Regarding the new technology, with StoreDot, Eve plans to carry out product tests before making small amounts of goods using its StoreDot Flash Battery technology. The two firms will initially use the technology to make batteries for consumer electronics, before extending it to build cells for electric cars, ships, drones and other modes of transport on land, water and air, Eve said.

The collaboration between the two companies seems to lead to a long collaboration. According to the first rumors, in fact, the pair also plan to set up a joint venture in China before entering fully fledged mass production.

 

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