Misplaced Pages

Ningbo Ronbay New Energy Technology Co Ltd, usually known as Ronbay Technology, is a Chinese company and one of the world's biggest manufacturers of cathode active material for lithium-ion batteries.

Ronbay was founded on September 18, 2014 in Zunyi by Bai Houshan and Liu Xianglie. The company listed on the Shanghai Stock Exchange STAR Market on July 22, 2019, the market's first day of operation. As of 2023, the company had a 30% market share in lithium nickel manganese cobalt oxides (NMC) with high nickel contents, which are widely used in electric vehicles.

Ronbay's main production sites are in Ezhou, Xiantao and Zunyi in China, as well as in Chungju, South Korea. In 2022, the company began building further production sites in South Korea to circumvent U.S. trade restrictions put in place by the Inflation Reduction Act. It also announced plans to expand into Indonesia and Poland.

In 2024, LG Chem sued Ronbay's South Korean subsidiary, Jaesae Neungwon, alleging it had infringed on five of LG Chem's patents for NMC materials.

References

1. ^ Li, Gloria; White, Edward; Buseong, Kang (2023-05-30). "The billionaire whose electrode empire powers China's EV dominance". Financial Times. Retrieved 2024-11-09.
2. "Ronbay Technology | Briefing". Equal Ocean. Retrieved 2024-11-09.
3. "Ningbo Ronbay New Energy Technology Co Ltd". Financial Times. Retrieved 2024-11-09.
4. ^ "China's Ronbay Starts Building Battery Material Plant - World-Energy". www.world-energy.org. Retrieved 2024-11-09.
5. "Ronbay Announces its Global Development Strategy to Implement a Project of 40,000-Ton-per-annum High-nickel Ternary Cathode and 20,000-Ton-per-annum Lithium Ferromanganese Phosphate in Korea". www.prnewswire.com (Press release). Retrieved 2024-11-09.
6. Lockett, Hudson (2019-07-19). "'China's Nasdaq': Shanghai's new tech trading venue explained". Financial Times. Retrieved 2024-11-09.
7. "Ronbay Technology and EVE Establish Strategic Partnership". www.energytrend.com. 2023-06-07. Retrieved 2024-11-09.
8. Li, Gloria; Davies, Christian; White, Edward; Jung-a, Song (2023-08-22). "China's cathode billionaire targets US battery market via South Korea IPO". Financial Times. Retrieved 2024-11-09.
9. "Chinese Firms Are Seeking Korean Partners to Skirt US EV Rules". Bloomberg. 2023-07-30. Retrieved 2024-11-09.
10. "容百科技发布全球化战略规划：在中韩欧美全球多地布局生产基地". 经济观察网 (in Chinese). Retrieved 2024-11-09.
11. "Ningbo Ronbay to enter cathode production in Europe with Polish factory". Benchmark Source. 2024-10-25. Retrieved 2024-11-09.
12. Jae-hyuk, Park (2024-10-23). "LG Chem files patent suit against China's Ronbay". The Korea Times. Retrieved 2024-11-09.

• Chinese companies established in 2014
• Chemical companies established in 2014
• Companies listed on the Shanghai Stock Exchange