Chinese battery maker Narada Power has posted a 30% sales rise for 2017— which boosted net by profit by 16% over the previous year.
Narada said total revenue for the year was CNY8.63 billion ($1.37bn) and net profit increased to CNY381 million.
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Lithium
Sweden backs Stena’s lithium-ion battery recycling goal with seven-figure investment
Stena Recycling will double down on its work to build a 10,000 tonnes-per-year lithium-ion battery recycling plant in Sweden following an investment from the government power regulator Swedish Energy...
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