Ruipu Energy will provide power lithium-ion batteries for Geely's multi-brand models with a scale of more than 10GWh.

Published: Nov 25, 2021 10:47

Save

[Ruipu Energy will provide power lithium-ion batteries for Geely's multi-brand models with a scale of more than 10GWh] recently, Ruipu Energy has officially been designated for the platform products of powertrain under Geely Holdings Group, and will provide matching power lithium-ion batteries for its multi-brand models (including high-end independent brands and high-end joint venture brands), and the supporting scale is expected to reach more than 10GWh. As of October 2021, the sales of new energy vehicles in China has reached 2.38 million, and is expected to reach 8 million in 2022.

Recently, Ruipu Energy has officially been designated for the platform products of powertrain under Geely Holdings Group, and will provide matching power lithium-ion batteries (including high-end independent brands and high-end joint venture brands) for its multi-brand models, and the matching scale is expected to reach more than 10GWh.

As of October 2021, the sales of new energy vehicles in China has reached 2.38 million, and is expected to reach 8 million in 2022. As a TOP10 company in the battery field, Ruipu Energy strives to become a strategic partner of global new energy vehicle companies, providing first-class products and services.

Batteries cars

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

3 hours ago

[SMM Analysis] Spot order coefficients still trended upward; cobalt sulphate price pullback drove precursor prices lower

3 hours ago

20 hours ago

Ciyong Zou Delivers Opening Remarks at the Indonesia Critical Minerals Conference & Expo 2026

Ciyong Zou, Deputy to the Director General and Managing Director of the Directorate of Technical Cooperation and Sustainable Industrial Development, delivered opening remarks at the Indonesia Critical Minerals Conference & Expo 2026. Mr. Zou noted that with the rapid development of clean energy and digital industries, global demand for critical minerals continues to rise. The role of resource-rich countries in ensuring stable mineral supply has become increasingly vital. Indonesia's transition from raw material extraction to deep processing can serve as a reference for resource-rich countries in the Global South. He noted that Indonesia intends to join forces with partners from all sectors to fully tap the potential of industrial development.

20 hours ago

Downstream Investment in Critical Metals: Unlocking the Full Value of Indonesia's Resources

Todotua Pasaribu, Vice Minister of Ministry of Investment and Downstream Industry of Indonesia, stated that amid climbing global demand for critical minerals and concentration of resources in specific regions, the strategic significance of this category continues to grow. Leveraging its resource endowment, Indonesia is vigorously advancing the downstream transformation across the entire industry chain, which serves as a core national strategy for boosting the economy and optimizing the supply chain structure. Under the President's policy directives, Indonesia has designated mineral deep processing as a pillar of industrial upgrading. The government has identified 28 categories of strategic minerals across eight major sectors, with estimated potential investment of roughly $618 billion.

20 hours ago