Friday, June 27, 2025
CN
  • About
  • Advertise
  • Careers
  • Contact
Money Compass
  • Home
  • Financial News
  • Investment News
  • Other News
    • Bursa News
    • Government News
    • Listing Companies News
    • Oversea Financial & Investment News
  • Interviews
    • Features Interviews
    • Corporate Interviews
  • Financial & Investment Articles
  • PR Newswire
  • Login
No Result
View All Result
Money Compass
Home PR Newswire

Wanhua Chemical and ElevenEs signed a strategic agreement for battery materials: Collaborate to create a localized supply chain of battery cathode materials in Europe

Money Compass by Money Compass
June 6, 2025
in PR Newswire
0
Wanhua Chemical and ElevenEs signed a strategic agreement for battery materials: Collaborate to create a localized supply chain of battery cathode materials in Europe
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

MEISHAN, China, June 6, 2025 /PRNewswire/ — Recently, Wanhua Chemical Battery Technology Co., Ltd. (hereinafter referred to as “Wanhua Chemical”) and ElevenEs, a leading European manufacturer of lithium iron phosphate (LFP) batteries, successfully signed a Memorandum of Understanding (MOU) in Meishan, Sichuan. Mr. Wang Xiaoxing, General Manager of Wanhua Chemical Battery Technology Co., Ltd., and Mr. Nemanja Mikać, Founder and CEO of ElevenEs, attended the signing ceremony. This collaboration aims to establish a comprehensive supply and technical partnership covering products such as LFP cathode materials, PVDF (polyvinylidene fluoride) binders, NMP (N-methyl-2-pyrrolidone) solvents, etc., to promote the sustainable development of both parties in the new energy industry.

(PRNewsfoto/Wanhua Chemical)

Wanhua Chemical, with its industrial chain advantages and decades of experience in process development and engineering research, has established a battery material integrating battery material technology development, equipment process technology development, and battery cell application technology research. The company has also established a complete technical platform for cathode and anode materials, binders, and solvents.

Related posts

Awards Presentation Ceremony of the “26th DigiCon6 ASIA Awards – Hong Kong” Honouring Local Animation Talents  Pre-Event Industry Networking Event Sparks Business Collaboration

Awards Presentation Ceremony of the “26th DigiCon6 ASIA Awards – Hong Kong” Honouring Local Animation Talents Pre-Event Industry Networking Event Sparks Business Collaboration

June 27, 2025
Awards Presentation Ceremony of the “26th DigiCon6 ASIA Awards – Hong Kong” Honouring Local Animation Talents Pre-Event Industry Networking Event Sparks Business Collaboration

Awards Presentation Ceremony of the “26th DigiCon6 ASIA Awards – Hong Kong” Honouring Local Animation Talents Pre-Event Industry Networking Event Sparks Business Collaboration

June 27, 2025

Under the agreement, the parties express their intention to cooperate on LFP and other high-quality raw materials. At the same time, both parties will jointly form a technical team, exchange technical and market information, and accelerate the development of their products and markets. Wanhua Chemical will utilize its production bases and global supply chain to support ElevenES battery production in Serbia.

Mr. Wang Xiaoxing, General Manager of Wanhua Battery Company, stated:
“This strategic collaboration with ElevenEs marks a significant step in Wanhua Chemical’s localization of battery material supply chains in Europe. We will leverage our strengths in material R&D, production processes, and global footprint to provide ElevenEs with high-performance LFP cathode materials and integrated solutions, jointly advancing the sustainable development of Europe’s new energy industry.”

Mr. Nemanja Mikać, Founder of ElevenEs, stated:
“Wanhua Chemical’s profound expertise in battery materials and global production capacity will significantly support ElevenEs in achieving our localized supply chain goals. This partnership not only strengthens our raw material security but also accelerates innovation through technical synergy, delivering more competitive LFP battery products to the European market.”

(PRNewsfoto/Wanhua Chemical)

In the future, both parties plan to deepen cooperation in areas such as electric vehicles (EVs) and energy storage systems (ESS), continuously expand cooperation in battery materials, cell products, product and technology development, market expansion, and other fields, and jointly create a win-win situation for both parties to reinforce their leading positions in the global new energy industry.

About ElevenEs

ElevenEs is a development and industrial investment of Al Pack Group, an international leader in aluminum processing with over 30 years of high-precision manufacturing expertise – including processes closely aligned with the production of electrodes, the active component of LFP batteries. ElevenEs is recognized and supported by EIT InnoEnergy, a leading global investor in sustainable energy. The establishment of a state-of-the-art Research and Development laboratory and center is operational since June 2021. Following the successful completion and commissioning of the pilot production line in mid-2023, ElevenEs is on track to build the initial Megafactory with a capacity of approximately 1000 MWh (1 GWh) during 2025 and 2026. This will be followed by the first phase of the Gigafactory, targeting an annual production capacity of 8GWh and the second phase of the Gigafactory in Europe and the USA, targeting the total annual production capacity of 40GWh (20 + 20) by 2031.

SOURCE Wanhua Chemical

​ 

Previous Post

Biotropics Malaysia Berhad Signs Strategic MOU with ASK Intercity Co., Ltd. to Bring Physta® Tongkat Ali to the Japanese Market

Next Post

Major Fitness Unveils Sleeker, Stronger Online Home: Welcome to MajorFitness.com!

Next Post
Major Fitness Unveils Sleeker, Stronger Online Home: Welcome to MajorFitness.com!

Major Fitness Unveils Sleeker, Stronger Online Home: Welcome to MajorFitness.com!

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

BROWSE BY CATEGORIES

  • Blog
  • Bursa News
  • Corporate Interviews
  • Features Interviews
  • Financial & Investment Articles
  • Financial News
  • Government News
  • Investment News
  • Listing Companies News
  • Oversea Financial & Investment News
  • PR Newswire

BROWSE BY TOPICS

2018 League Balinese Culture Bali United Budget Travel business Champions League Chopper Bike Doctor Terawan industrial Istana Negara Malaysia Market Stories National Exam net zero emissions targets 2025 Renewable energy Visit Bali

Recent News

  • Awards Presentation Ceremony of the “26th DigiCon6 ASIA Awards – Hong Kong” Honouring Local Animation Talents Pre-Event Industry Networking Event Sparks Business Collaboration
  • Awards Presentation Ceremony of the “26th DigiCon6 ASIA Awards – Hong Kong” Honouring Local Animation Talents Pre-Event Industry Networking Event Sparks Business Collaboration
  • RepTrak Previews Compass — A Global Strategic Reputation Intelligence Platform that is More Than a Score

Category

  • Blog
  • Bursa News
  • Corporate Interviews
  • Features Interviews
  • Financial & Investment Articles
  • Financial News
  • Government News
  • Investment News
  • Listing Companies News
  • Oversea Financial & Investment News
  • PR Newswire
  • About
  • Advertise
  • Careers
  • Contact

Copyright © 2024 Money Compass Media (M) Sdn Bhd. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Features Interviews
  • Government News
  • Financial News
  • Investment News
  • Listing Companies News
  • Corporate Interviews
  • Bursa News
  • Financial & Investment Articles
  • Oversea Financial & Investment News

Copyright © 2024 Money Compass Media (M) Sdn Bhd. All Rights Reserved