Are Chinese lithium companies accelerating their entry into overseas markets?

[Photo provided to China Daily] Chinese lithium companies are accelerating their entry into overseas markets as demand in the renewable energy industry surges. Ganfeng Lithium Company, based in Jiangxi province, signed a deal with Argentina to build a lithium-ion battery factory in Jujuy province last month.

Who is DLG energy?

DLG ENERGY was founded. Energy storage business has steadily settled down in overseas markets. Sales exceeded 1 billion RMB Automatic production line in Ningbo and Shandong was put into operation, established the leading position of technology in the domestic battery industry.

Are China's Lithium batteries expanding their global footprint?

Guests tour Gotion High-Tech's battery factory in Gottingen, Germany on Saturday. [Photo provided to China Daily] Chinese lithium battery makers are expanding their global footprint as markets overseas have become new drivers of revenue growth amid a slowdown in the growth of new energy vehicle or NEV sales, experts said.

Where is ganfeng lithium based?

Ganfeng Lithium Company, based in Jiangxi province, signed a deal with Argentina to build a lithium-ion battery factory in Jujuy province last month. The project, in which Ganfeng has a 51 percent stake, will produce 40,000 metric tons of lithium carbonate equivalents per year and is scheduled to begin production in the first half of next year.