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Battery, Electric Car, Electric Fleet July 8, 2025 Vincent Shaw Comments: 0

CATL lawsuit threatens Hithium IPO

China’s Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest battery manufacturer, has filed a lawsuit accusing fast-growing rival Hithium of unfair competition – a move that could jeopardize Hithium’s upcoming initial public offering (IPO) in Hong Kong. July 8, 2025 Vincent Shaw Image: Daniel_B_photos, Pixabay From ESS News CATL initiated legal proceedings on June 25 at the Intermediate People’s Court of Ningde in China’s Fujian province, targeting Hithium and fi...
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Battery, Electric Car, Electric Fleet July 4, 2025 Vincent Shaw Comments: 0

World’s largest vanadium flow battery goes online in China

A giant solar-plus-vanadium flow battery project in Xinjiang has completed construction, marking a milestone in China’s pursuit of long-duration, utility-scale energy storage. July 4, 2025 Vincent Shaw Image: Image: WeChat, Xinjiang local government From ESS News China has completed the main construction works on the world’s largest vanadium redox flow battery (VRFB) energy storage project. The project, backed by China Huaneng Group, features a 200 MW/1 GWh VRFB system paired with a 1 GW sol...
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Chinese PV Industry Brief: Fox ESS, Gold Electronics plan IPOs in Shenzhen
Battery, Electric Car, Electric Fleet June 27, 2025 Vincent Shaw Comments: 0

Chinese PV Industry Brief: Fox ESS, Gold Electronics plan IPOs in Shenzhen

The Shenzhen Stock Exchange (SZSE) has approved a plan by Fox ESS to raise more than CNY 1.6 billion ($223 million) through a share sale, while Hangzhou Gold Electronics has secured clearance to seek up to CNY 850 million for its battery management system (BMS) business. June 27, 2025 Vincent Shaw Image: Getty Images, Unsplash Fox ESS has secured approval for its initial public offering (IPO) application from the SZSE. The solar and energy storage company plans to issue up to 90 million A-shares...
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