The shopper is a globally acknowledged automaker headquartered in Germany with a portfolio of well-known automotive manufacturers, Transimage mentioned.
(Picture credit score: Transimage)
The sodium-ion battery unit of Chinese language know-how firm Jiangsu Transimage Tech has received an order from a German automaker, making it the primary Chinese language firm to announce a world order for sodium-ion batteries.
Transimage’s sodium-ion battery unit Transimage Sodium-ion Battery Know-how lately entered the provision chain of a globally acknowledged automaker and can present sodium-ion batteries for the corporate’s passenger automobiles, in accordance with a inventory alternate announcement by the Shenzhen-listed firm as we speak.
Transimage did not title the shopper, referring to it solely as Buyer A, citing restrictions below a non-disclosure settlement.
However the announcement mentioned the shopper is a globally acknowledged automaker headquartered in Germany and owns quite a few well-known automotive manufacturers.
Transimage acquired the order from Buyer A’s subsidiary liable for its world battery enterprise, which incorporates world battery plant operations, battery know-how improvement, and vertical integration of the worth chain, in accordance with the announcement.
Entry to this buyer’s provide chain system signifies recognition of Transimage’s sodium-ion battery know-how stage, manufacturing capability and high quality management system, the corporate mentioned.
Notably, the order is the primary signed between Transimage and the automaker, and includes a comparatively small amount and quantity of sodium-ion batteries, the announcement mentioned.
Transimage, which was based in November 2007, is especially engaged within the analysis, improvement, manufacture and gross sales of enter units for pocket book computer systems, and is a significant provider of core parts for versatile circuit boards to 4 of the world’s high keyboard makers, in accordance with its web site.
As of the top of March, Transimage had a sodium-ion battery capability of 4.5 GWh, and its factories have achieved mass manufacturing however are nonetheless within the capacity-climbing stage, in accordance with its alternate bulletins on July 18.
Within the first half of the 12 months, Transimage produced 3.69 million cylindrical cells, together with 3.53 million of the 18650 mannequin and 163,900 of the 26700 mannequin, in accordance with its announcement.
In June, for the primary time, Transimage achieved month-to-month manufacturing of greater than 2 million cylindrical battery cells of the 18650 mannequin and greater than 100,000 cylindrical batteries of the 26700 mannequin.
In January-June, the corporate’s sodium-ion battery merchandise introduced in income of RMB 3.23 million ($449,300), of which RMB 2,759,800 in June, accounting for 85.35 p.c of the primary half of the 12 months’s income from sodium-ion batteries, in accordance with its announcement.
Transimage’s shares traded in Shenzhen rose by the single-day restrict of 10 p.c as we speak.
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