Ganfeng Lithium and GAC Aion enter into battery partnership agreement

It is not only about the supply of battery materials


An editor at eMobilCar

  • 2 min read

Chinese lithium manufacturer Ganfeng Lithium has entered into a long-term strategic partnership with GAC Aion, an electronic car manufacturing subsidiary of China's GAC Group.

In addition to supplying battery raw materials for GAC Aion, the cooperation also aims to jointly develop new types of batteries such as solid-state batteries and recycle batteries for electric vehicles. This is reported, for example, by the Gasgoo portal, citing the Chinese message Ganfeng.

Details are not given in the report, but the focus appears to be on the cost of the batteries. First, Ganfeng will supply "reliable and economical battery raw materials" to GAC Aion and its potential suppliers. On the other hand, there is cooperation in the development of solid-state batteries. "Based on competitive technology, quality and cost", GAC Aion will present Ganfeng Lithium's new battery solutions as "priority".

There is a simple reason why Ganfeng Lithium emphasizes that it will also increase the "technological value" and competitiveness of the Aion brand: As further stated in the Gasgoo report, Ganfeng has decided to act as a more strategic investor to participate in Aion's GAC capital increase. However, there are no details on this yet.

Ganfeng Lithium has recently started construction of a solid state battery manufacturing plant. Once completed, the Chongqing plant will have an annual capacity of 10 GWh for the production of battery cells and battery packs.

Since the expansion of the first plant in Guangzhou, GAC Aion has the capacity to produce up to 200,000 electric vehicles per year. In December, the second plant will be launched, with a production capacity of 400,000 vehicles per year.

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