Industry news

  • In the first half of the year, China produced 7.15 billion lithium-ion batteries and 11.701 million electric bicycles

    In the first half of the year, China produced 7.15 billion lithium-ion batteries and 11.701 million electric bicycles

    From January to June 2020, among the main products of battery manufacturing industry in China, the output of lithium-ion batteries was 7.15 billion, with a year-on-year increase of 1.3%; the output of electric bicycles was 11.701 million, with a year-on-year increase of 10.3%. According to the we...
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  • Cobalt price rise has exceeded expectations or will return to rational level

    Cobalt price rise has exceeded expectations or will return to rational level

    In the second quarter of 2020, the total import volume of cobalt raw materials was 16800 tons, with a year-on-year decrease of 19%. Among them, the total import amount of cobalt ore was 0100 tons of metal tons, with a year-on-year decrease of 92%; the total import of intermediate products of coba...
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  • Last year, 11.0 GWH of global lithium batteries for power tools were shipped, 80% of which were consumed in Chinese factories

    Last year, 11.0 GWH of global lithium batteries for power tools were shipped, 80% of which were consumed in Chinese factories

    Lithium battery has experienced the replacement of nickel cadmium battery and then to nickel hydrogen battery. From the perspective of market scale, the global market scale of lithium battery for power tools will reach 9.310 billion yuan in 2019, and the market scale of lithium battery for power ...
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  • team building

    team building

    On August 22, 2018, under the organization of human resources administration center, some employees of TRUE POWER drove for one hour to Jinsha bay hotel development base, and started the one-day development training. Everyone cheered and laughed and the atmosphere was high. The purpose of this ex...
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  • TRUE Power attended HK fair 12th Oct 2019.

    TRUE Power attended HK fair 12th Oct 2019.

    On October 12, 2019, the Hong Kong Electronic Exhibition hosted by global resources was held at the Asia International Expo in Hong Kong. TRUE POWER is invited to participate in the exhibition, booth No.: 5c-b33,  we exhibited lithium-ion batteries, polymer batteries, nickel hydrogen batteries an...
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  • Analysis of lithium battery and new energy vehicle industry

    Analysis of lithium battery and new energy vehicle industry

    In the context of the booming development of new energy vehicles, 2.2 million electric vehicles were sold globally in 2019, an increase of 14.5% year on year, accounting for 2.5% of the total vehicle sales. Meanwhile, in terms of new energy vehicle sales, BYD is ranked second by Tesla. In 19 year...
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