DBM Video: Another Unicorn Battery Manufacturer Declares Bankruptcy, Once Valued at 16 Billion yuan

Following British volt, Swedish Northvolt and other companies, BMZ, a veteran German battery company, recently officially announced its application for bankruptcy protection.

2025-11-04 17:04:27

On October 31, Shengxin Lithium Energy announced that the board of directors of the company had considered and approved the Bill on Terminating the Issuance of H Shares and Listing on the Hong Kong Stock Exchange, and the company decided to terminate the planned issuance of H Shares and listing on the main board of the Hong Kong Stock Exchange.

2025-11-03 16:56:38

Recently, in Bazhong Economic Development Zone, Sichuan Province, the project of producing 1.5g Wh sodium-ion batteries annually was officially announced. The total investment of the project is 500 million yuan. The production line of 1.5g Wh sodium-ion batteries and the R & D and innovation center of sodium-ion batteries are planned to be constructed, with an estimated annual output value of 600 million yuan.

2025-11-03 13:22:33

On October 28, Kuqa Runshang Energy Storage Co., Ltd. issued an EPC tender for 300 MW 1.2 GWh grid-type energy storage to build 300 MW 1.2 GWh lithium iron phosphate energy storage and a 220kV step-up gathering station.

2025-10-31 15:37:09

Hu Ming, Secretary of the Party Committee of the General Institute of Electric Power Planning and Design, introduced that in the first half of the year, the equivalent utilization hours of new energy storage in China were about 570 hours, an increase of more than 100 hours over the same period of last year, especially in the peak period of this year.

2025-10-30 16:57:39

On October 28, Star Chain Zhengchu issued a notice on the rejection of the equipment production line project of the 12 GWh battery energy storage cabin and its supporting 10 GWh lithium iron phosphate battery intelligent manufacturing project (Phase I).

2025-10-29 17:13:16

On October 28, Sunshine Power released the third quarter report of 2025, Sunshine Power Q3 achieved 22.87 billion yuan of operating income, an increase of 20.83% over the same period last year; the net profit attributable to shareholders of listed companies increased by 57.04%, reaching 4.15 billion yuan.

2025-10-29 17:11:27

On October 28, Chuneng New Energy Xiangyang 70 GWh Lithium Battery Project was officially started in Xiangyang, Hubei Province! The project will build a 70 GWh modern lithium battery production base integrating advanced manufacturing, technology research and development, and industrial synergy, with the effective capacity of the largest single plant exceeding 30 GWh.

2025-10-29 17:09:39

On October 24, Ningxia Zhongwei Battery Energy Storage Project EPC General Contracting Public Bidding Project of South Grid Energy Storage Company Technology Company was announced. It is reported that the energy storage system of the project uses lithium iron phosphate batteries, and the installed capacity of the DC side is 720MW/1440MWh.

2025-10-27 17:05:51

On the morning of October 23, the world's largest photovoltaic storage project and the world's first renewable energy project to achieve "all-weather power supply", the UAE RTC photovoltaic storage project started in Abu Dhabi, the United Arab Emirates, and was jointly developed by Masdar and the UAE Hydropower Company EWEC.

2025-10-27 17:03:42

Tesla announced on October 22 that in the third quarter of 2025, the company's revenue was $28.1 billion, up 12% from the same period last year, and its net profit was $1.37 billion, down 37% from the same period last year.

2025-10-23 16:35:12

On the evening of October 20, Ningde Times (300750. SZ) released three quarterly reports. Data show that the company achieved operating income of 283.072 billion yuan in the first three quarters, an increase of 9.28% over the same period last year; the net profit of shareholders belonging to the parent company reached 49.034 billion yuan, an increase of 36.2% over the same period last year.

2025-10-21 17:12:44

Recently, according to foreign media reports, the European Union officially disclosed the core content of the draft "Industrial Accelerator Act" (Industrial Decarbon isation Accelerator Act, IDAA).

2025-10-21 17:10:55

The three major technological breakthroughs of solid-state batteries in China are expected to double the endurance. Recently, Chinese scientists have successfully solved the bottleneck problem of all-solid-state metal lithium batteries, enabling the performance of solid-state batteries to be upgraded by leaps and bounds. In the past, 100 kilograms of batteries supported up to 500 kilometers of endurance, but now it is expected to break through the ceiling of 1,000 kilometers. It will become a reality for new energy vehicles to travel from Beijing to Shanghai on a single charge.

2025-10-17 16:05:23

On October 15, 2025, Ningde Times signed a strategic cooperation agreement with Jingdong Group. The two sides will conduct in-depth cooperation in battery consumption market, green transport capacity, logistics warehousing and zero-carbon parks and other fields.

2025-10-16 16:24:01

On October 9, Gemeng Yihe New Energy Co., Ltd. Chayouqianqi Wind and Solar Hydrogen Production Integration Project (Phase I) EPC general contracting tender for new energy part issued the third extension announcement.

2025-10-15 11:45:25

Recently, technology giant Google announced a long-term partnership with Italian energy storage company Energy Dome to deploy carbon dioxide energy storage technology. So what is CO2 energy storage?

2025-10-13 16:43:36

On the evening of October 10, Shanshan announced that the reorganization administrator of its controlling shareholder, Shanshan Group, had submitted the Reorganization Plan (Draft) and would hold the third creditors' meeting on October 21 to vote on the draft.

2025-10-13 11:42:17

On October 9, the Ministry of Commerce and the General Administration of Customs jointly issued a notice formally incorporating the preparation technology of cathode materials for lithium batteries and related items of artificial graphite anode materials into the Catalogue of Technologies Prohibited and Restricted from Export in China.

2025-10-10 14:23:57

Recently, 45 concrete manufacturers in Japan jointly set up an industrial association to create a new type of building material, electric storage concrete, which can store energy.

2025-10-09 14:25:26

On the evening of September 26, local time, lithium batteries exploded and caught fire at the National Information Resources Service Center in Daejeon, South Korea, eventually paralyzing 647 government systems, with nearly one third of the systems suspended.

2025-09-29 16:04:13

Recently, Byte Jump released a recruitment information of "battery R & D expert". The job description shows that the position staff will be responsible for the research and development of new battery materials, systems and technologies, including but not limited to lithium-ion batteries, lithium metal solid-state batteries, silicon anode batteries, etc., and does not exclude the launch of battery-related projects.

2025-09-29 15:48:56

On September 26, Chuneng New Energy Yichang 80 GWh new generation lithium battery project started. The total investment of the project is 22 billion yuan, and the planned annual production capacity is 80 GWh.

2025-09-28 17:03:05

On September 23, several South Korean media reported that the Suwon District Court of South Korea had made a first-instance judgment on the case of "Huacheng Battery Factory Fire", sentenced Park Chunyu, the representative of the enterprise involved, to 15 years'imprisonment, and sentenced Park Chongyan, the son of Park Chunyu and the general minister of the enterprise involved, to 15 years' imprisonment and a fine of 1 million won.

2025-09-25 16:51:10

Recently, Wan Biao has officially joined Vision Dynamics as the global CEO, as well as the executive director and chief technology officer (CTO) of Vision Technology Group.

2025-09-25 15:32:57

Recently, Qujing Yiwei Lithium Energy Co., Ltd. has undergone industrial and commercial changes, and its registered capital has increased from RMB 1.05 billion to RMB 1.725 billion, an increase of about 64%. Qujing Yiwei Lithium Energy Co., Ltd. was established in August 2022, and its business scope includes battery manufacturing, battery sales, new energy technology research and development, etc. The company is jointly owned by Yiwei Lithium Energy and Yiwei Asia Limited.

2025-09-24 16:35:23

Why does chloramine become the new favorite of energy transformation? From raw material acquisition to reaction efficiency, chloramine has achieved a dimensionality reduction attack on the traditional route from the perspective of chemical industry.

2025-09-24 13:15:30

On September 23, Shengxin Lithium Energy announced that it intends to acquire 21% equity of Sichuan Qicheng Mining Co., Ltd. through its wholly-owned subsidiary Sichuan Shengtun Lithium Industry Co., Ltd. with RMB 1.456 billion in cash. After the completion of this transaction, Shengxin Lithium Energy will directly hold 70% equity of Qicheng Mining Co., Ltd.

2025-09-23 17:08:54

On September 14, Egyptian President Cessi met with Cao Renxian, chairman of Sunshine Power, and Terje Pilskog, CEO of Scatec, a Norwegian energy company. The meeting revealed that Sunshine Power plans to build an energy storage battery factory with an annual capacity of 10GW in Egypt.

2025-09-16 17:06:31

On September 9, Yichun Times New Energy Mining, a subsidiary of Ningde Times Holdings, held a "Conference on the Resumption of Production of Lithium-bearing Mine" to promote the resumption of production of Lithium-bearing Mine.

2025-09-10 13:28:53

On September 8, Pawa announced that Zhang Bao, one of the company's co-actual controllers and director, was suspected of duty embezzlement and was investigated by the public security organs. Zhuji People's Procuratorate has made a decision to arrest Zhang Bao for duty embezzlement according to law.

2025-09-09 14:00:02

Recently, Shizuishan City of Ningxia announced the abolition of a number of new energy storage projects. There are three energy storage projects in the list, with a total scale of 370MW/1180MWh and a total planned investment of 5.26 billion yuan. The reason for the abolition is that the filing documents are overdue.

2025-09-04 16:26:18

Recently, CGN released the procurement of EPC general contracting project for Ruoqiang 160MW/640MWh and Luopu 200MW/800MWh independent energy storage projects in Bazhou, Xinjiang.

2025-08-28 14:43:44

The invention relates to gravity energy storage, which uses a plurality of cranes to build bricks into a huge open-air tower like building blocks when electricity is abundant, and only needs to let the bricks fall by gravitational potential energy when electricity is urgently needed during the peak period of electricity consumption, thereby driving a generator to generate electricity.

2025-08-25 17:15:31

On August 19, the Zhongguancun Energy Storage Industry Technology Alliance (hereinafter referred to as "CNESA") released data on the energy storage industry in the first half of 2025. Data show that by the end of June this year, the cumulative installed capacity of power storage in China has reached 164.3GW, an increase of about 60% over the same period last year.

2025-08-21 15:37:29

In less than 24 hours, Haichen Energy Storage made continuous sound. On the evening of August 4, Haichen Energy Storage made a solemn statement on its official micro-blog, declaring five major disputes involving the company, including the "trade secret infringement" incident related to Feng Dengke, the "bankruptcy of the largest customer in the United States", the "evaporation of 1.5 billion orders" and unfair competition lawsuits.

2025-08-06 17:14:35

Who else can usher in high explosive growth now besides energy storage? Do you know how hot the energy storage industry is now? Huawei is doing energy storage, Ma Dad is doing energy storage, Musk is also doing energy storage, China Mobile and China Tower are also laying out energy storage, and Gree, Xiaomi and Midea are all crossing the border into energy storage. Why does everyone want to do energy storage?

2025-08-05 16:13:44

On July 29, people familiar with the situation said that Feng Dengke, director of Haichen Energy Storage President Office and head of Engineering Department, was taken compulsory measures by Ningde police in Fujian Province last week on suspicion of infringing trade secrets.

2025-08-01 16:33:59

On July 30, Ningde Times released its semi-annual report, which showed that Ningde Times said in its semi-annual report in 2025 that during the reporting period, Ningde Times achieved revenue of 178.886 billion yuan, an increase of 7.27% over the same period last year.

2025-07-31 14:57:05

Affected by the expected contraction of supply, the price of "white oil" lithium carbonate returned to the 80 thousand yuan/ton mark. As of July 25, the main contract of lithium carbonate futures on the Guangzhou Futures Exchange (LC2509) closed at a 80520 of yuan/ton, a five-month high.

2025-07-28 17:20:28

According to foreign media reports, on July 17, the US Ministry of Commerce decided to impose a 93.5% anti-dumping duty on graphite, a key battery material imported from China, on the grounds that these materials were "unfairly subsidized".

2025-07-23 11:07:43

This is definitely the most significant technological change in the energy industry. Electricity not only does not cost money, but also makes money by generating electricity. This is Tesla's virtual power plant VPP.

2025-07-22 16:20:33

On July 17, Zangge Mining announced that its wholly-owned subsidiary, Zangge Potash Fertilizer, received the Notice on Ordering the Immediate Stop of Lithium Resources Development and Utilization Activities issued by Haixi Natural Resources Bureau and Haixi Salt Lake Administration on July 16.

2025-07-21 17:24:14

On July 15, Wanrun Xinneng announced that the "Wuhan R & D Technology Center and Industrialization Base Project" originally planned to be built in Qingshan, Wuhan, would be automatically terminated after its expiration and would not be renewed.

2025-07-18 14:33:21

The main bottleneck of new energy is not wind power and photovoltaic. Wind power and photovoltaic technology is very mature. The core problem is energy storage. The surplus renewable energy is stored. When the renewable energy is insufficient, the energy is replenished through space-time transformation. This is called energy storage technology.

2025-07-17 16:11:16

On July 8, the Department of Natural Resources of Hunan Province learned that a major breakthrough had been made in lithium prospecting in Hunan Province, and a super-large altered granite-type lithium deposit had been successfully explored in Jijiaoshan mining area, Linwu County, Chenzhou City.

2025-07-09 17:11:08

On July 4, several explosions ignited a fire at a battery factory in Madrid, Spain. The fire was not extinguished until July 6. The cause of the explosion was not clear.

2025-07-09 14:41:29

It is reported that Tongwei New Energy Technology (Jintang) Co., Ltd., a domestic head photovoltaic company, was formally established on June 26, 2025 with a registered capital of 40 million yuan. At present, the company's actual controller is Liu Hanyuan, the founder and chairman of the board of directors of Tongwei Group, holding 25.33% of the shares.

2025-07-08 13:43:02

SolarPower Europe, the European photovoltaic industry association, recently issued an urgent warning that the European Union must increase its battery energy storage capacity tenfold by 2030, otherwise its energy transformation process will face the risk of stagnation.

2025-07-07 14:04:13

On the evening of July 2, "Brother One of Electrolyte" Tianci Material disclosed that Jiujiang Tianci, a wholly-owned subsidiary of the company, filed a civil lawsuit with the Jiangxi Provincial Higher People's Court against Yongtai Science and Technology, another A-share lithium-ion material enterprise, and Shaowu Yongtai, a joint venture between Yongtai Science and Technology and Ningde Times. There are 12 enterprises and natural persons.

2025-07-03 16:44:22