Core Viewpoint - Elong Power Holding Limited has successfully closed a public offering, raising approximately US$7.0 million through the sale of 21,700,000 Units, each priced at US$0.3231, which includes Class A ordinary shares and common warrants [1] Group 1: Offering Details - The offering consisted of 21,700,000 Units, with each Unit comprising one Class A ordinary share and one common warrant [1] - Each common warrant is exercisable immediately at an exercise price of US$0.3231 per share, with adjustments set for March 3, 2026, and March 6, 2026, to 70% and 50% of the initial exercise price, respectively [1] - The underwriter has a 45-day option to purchase up to 3,255,000 additional Class A ordinary shares and/or common warrants to cover any over-allotment, which was partially exercised on February 27, 2026 [1] Group 2: Use of Proceeds - The proceeds from the offering, amounting to approximately US$7.0 million before deductions, will be used for general corporate purposes and working capital [1] Group 3: Company Overview - Elong Power is a provider of high power battery technologies for commercial and specialty alternative energy vehicles and energy storage systems [1] - The company focuses on the research, development, manufacturing, sales, and service of high-power lithium-ion batteries for electric vehicles and construction machinery, as well as large-capacity batteries for energy storage [1] - Elong Power's product portfolio includes lithium manganese oxide and lithium iron phosphate batteries, catering to high-power and energy storage applications [1]

US battery company Lyten has finalised the purchase of Northvolt’s battery manufacturing and research assets in Sweden and established an industrial hub at the Skellefteå site. The transaction includes Northvolt Ett and Ett Expansion in Skellefteå, along with Northvolt Labs in Västerås, carrying a combined book value of about $5bn. Together, the facilities comprise 16GWh of existing cell production capacity, more than 160 hectares of land and Europe’s “largest” battery R&D centre. In March, Northvolt f ...

Key Takeaways Eagle Line launch shifts QS from lab milestones to pilot-line execution and QSE-5 sampling. Cobra runs about 25x faster than Raptor, boosting throughput and capital efficiency for partners.Volkswagen's PowerCo pledged up to $131M as QS pursues milestone-driven, partner-led scale-up.QuantumScape Corp. (QS) remains pre-revenue, with activity centered on customer sampling and scaling pilot manufacturing processes. Its go-to-market strategy emphasizes a capital-light model that includes licensing ...

Lithium ETF Rallies 91% on Battery Materials RecoveryThe [Amplify Lithium & Battery Technology ETF (BATT)] has returned 91.2% over the past year. This comes as lithium prices doubled from their 2025 lows to around $20,000 per metric ton, shifting from oversupply to what analysts call a structural deficit.The lithium market moved from supply glut to balance during 2025. Low prices halted producer investment and slowed global supply growth, according to Morningstar's [February analysis] on lithium's rebound.M ...

Market Overview - The A-share index showed mixed results on February 26, with the Shanghai Composite Index down by 0.01%, the Shenzhen Component Index up by 0.19%, the Sci-Tech Innovation Board Index up by 1.29%, the ChiNext Index down by 0.29%, and the North Exchange 50 Index down by 0.15% [1] - The total trading volume in the Shanghai, Shenzhen, and Beijing markets reached 2.56 trillion yuan, an increase of 757 billion yuan compared to the previous day, with over 2,400 stocks rising and more than 2,800 stocks falling [1] Sector Performance - The power generation equipment, communication equipment, and electronic components sectors experienced significant gains, with increases of 4.19%, 2.91%, and 2.24% respectively [2] - Conversely, the film and television, insurance, real estate, and precious metals sectors saw the largest declines, with losses of 2.43%, 1.37%, and 1.02% respectively [3] AI Industry Impact - Nvidia's earnings report exceeded expectations, boosting sentiment across the AI supply chain, leading to significant gains in AI hardware stocks such as CPO, copper cables, liquid-cooled servers, and PCBs, with companies like Tianfu Communication and Hengtong Optic-Electric reaching historical highs [3] - Domestic computing chip stocks also benefited from the AI wave, with Cambrian Technologies rising by 8% [3] Lithium Market Update - CATL saw a decline of 4.47% following reports that the Zimbabwean government has suspended all raw material and lithium concentrate exports, including goods in transit, which is expected to drive lithium prices up, posing a significant risk for battery manufacturers [3]

Fourth Quarter 2025 Earnings Call Febru ary 25, 2026 © 2026 Enovix Corporation 2 Recent Highlights → Commercialization Momentum Safe Harbor Statement Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements regarding: our future operating results, financial position, growth opportunities and guidance; our ability to build and scale manufacturing lines for our advanced ...

EVE Energy has announced that it has completed the second phase of construction of its battery manufacturing plant in Malaysia, according to local reports, as the Chinese manufacturer continues to expand its overseas production capacity to meet growing demand. At full capacity, the plant is designed to be capable of producing 684 million prismatic and cylindrical lithium-ion battery cells per year across 15 production lines, to supply the automotive and energy storage systems (ESS) markets across Southeas ...

Solid Power (NasdaqGS:SLDP) Q4 2025 Earnings call February 24, 2026 04:30 PM ET Company ParticipantsJake Sekelsky - Managing Director and Head of Metals and Mining ResearchJohn Van Scoter - President and CEOLinda Heller - CFOConference Call ParticipantsCharlie Van Goetz - Investor Relations AnalystChris Pierce - Equity Research AnalystColin Rusch - Managing Director and Senior Research AnalystOperatorGood day, welcome to the Solid Power Fourth Quarter 2025 Earnings Conference Call. All participants will be ...

Google announced Tuesday that it will build a data center in Minnesota that’s backed by 1.9 gigawatts of clean power, including a massive 300-megawatt battery made by startup Form Energy.The new data center, Google’s first in Minnesota, will be located in Pine Island, about an hour southeast of Minneapolis. The tech company is working with Xcel Energy to build 1.4 gigawatts of wind power and 200 megawatts of solar power. Both will feed Form’s battery, which will be capable of delivering its rated power for ...

Core Viewpoint - A new company, Times Chery (Hefei) New Energy Technology Co., Ltd., has been established with a registered capital of 2 billion RMB, focusing on battery manufacturing and related services, co-owned by CATL, Chery Automobile, and Chery Commercial Vehicle [1][2]. Group 1: Company Information - The legal representative of Times Chery is Lai Yongjie [1]. - The company was registered with a capital of 2 billion RMB and is located in Hefei, Anhui Province [2]. - The business scope includes battery manufacturing, battery component production, battery sales, energy storage technology services, and various technical services [1][2]. Group 2: Shareholder Information - The shareholders of Times Chery include CATL, Chery Automobile Co., Ltd., and Chery Commercial Vehicle (Anhui) Co., Ltd. [1][2]. - CATL is a publicly listed company in both A-shares and Hong Kong stocks [2].