[Energy Storage: Netherlands New Energy Joint Venture Subsidiary Ceases Operations, INLIF Shares Terminates Investment]

Published: Jun 10, 2026 14:39
On June 9, Anhui INLIF Electronic Technology Co., Ltd. held a board of directors meeting and formally terminated the overseas new energy joint venture investment project of its wholly-owned subsidiary. The main content of this terminated overseas investment project was for the wholly-owned subsidiary, Anhui Feimi New Energy Technology Co., Ltd., to join hands with Rhine Holding Co., Ltd. to establish a venture, setting up Netherlands Feimi New Energy Technology Co., Ltd. During project advancement, due to changes in objective implementation conditions, the project failed to make substantial progress. The target company has not yet been established, and INLIF has not invested any funds. Based on considerations of preventing investment risks and optimizing resource allocation, and through friendly consultations between the two parties, a final decision was made to terminate this cooperation.

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
Grid Delay, Price Volatility, Delivery Pressure — Join SMM's Munich Solar & Storage Forum in June to Navigate Challenges
32 mins ago
Grid Delay, Price Volatility, Delivery Pressure — Join SMM's Munich Solar & Storage Forum in June to Navigate Challenges
Read More
Grid Delay, Price Volatility, Delivery Pressure — Join SMM's Munich Solar & Storage Forum in June to Navigate Challenges
Grid Delay, Price Volatility, Delivery Pressure — Join SMM's Munich Solar & Storage Forum in June to Navigate Challenges
32 mins ago
[Energy Storage: General Motors And US Energy Storage Company Develop Sodium-Ion Battery Technology]
2 hours ago
[Energy Storage: General Motors And US Energy Storage Company Develop Sodium-Ion Battery Technology]
Read More
[Energy Storage: General Motors And US Energy Storage Company Develop Sodium-Ion Battery Technology]
[Energy Storage: General Motors And US Energy Storage Company Develop Sodium-Ion Battery Technology]
On June 10, news emerged that General Motors has reached a strategic cooperation agreement with US energy storage company Peak Energy to jointly develop sodium-ion battery technology for grid-side energy storage applications. The two parties will combine Peak's passive cooling energy storage technology with General Motors' battery cell research and development expertise, aiming to create the world's most cost-effective and reliable energy storage battery. Under the cooperation, General Motors will use its battery laboratory in Michigan for dedicated research and development of sodium-ion battery cells, while Peak Energy will integrate these sodium-ion cells into its proprietary energy storage systems.
2 hours ago
[SMM Analysis] The Real Barriers to Upgrading Africa’s Battery Metals Value Chain
Jun 8, 2026 19:08
[SMM Analysis] The Real Barriers to Upgrading Africa’s Battery Metals Value Chain
Read More
[SMM Analysis] The Real Barriers to Upgrading Africa’s Battery Metals Value Chain
[SMM Analysis] The Real Barriers to Upgrading Africa’s Battery Metals Value Chain
Developing local processing capacity is not simply a matter of building another plant next to a mine. It requires a country to simultaneously possess reliable energy supply, logistics infrastructure, chemical-industry capabilities, engineering expertise, customer qualification systems, access to financing, policy continuity and transparent pricing mechanisms. Resources can attract investment, but they cannot guarantee project success.
Jun 8, 2026 19:08