Battery News
CATL reportedly mulling HK listing to raise at least $5 billion
CATL is in talks with potential advisers and a listing in Hong Kong could take place as early as the first half of 2025, according to Bloomberg.
CATL reveals ambitious plans aimed at standardizing swappable batteries
CATL has unveiled two standardized Choco-SEB battery packs and plans to launch 10 models using the packs with partners, one for each of the following quarters.
Gotion unveils plans for battery plants in Slovakia and Morocco
The combined investment in the two battery plants is 2.514 billion euros ($2.6 billion), both with an annual capacity of 20 GWh.
China EV battery installations in Nov: CATL share at 42.71%, BYD 25.11%
China's EV battery installations were 67.2 GWh in November, up 49.7 percent year-on-year and up 13.5 percent from October.
CATL, Stellantis to form JV to build LFP battery plant in Spain
The Spanish plant will be CATL's third in Europe, with a total planned investment of $4.26 billion and an annual capacity of up to 50 GWh.
Global EV battery market share in Jan-Oct 2024: CATL 36.8%, BYD 16.8%
CATL and BYD continued to hold the top two positions as the world's largest battery makers in the January-October period, both increasing their share slightly from January-September.
CATL, BYD dominate global EV battery shipments with combined 52.2% share in Q3
CATL contributed 35.2 percent of global EV battery shipments in the third quarter, while BYD FinDreams contributed 17.0 percent.
CATL launches new batteries for heavy-duty commercial vehicles under Tectrans brand
CATL has launched new batteries for heavy-duty commercial vehicles under its commercial vehicle battery brand Tectrans, after previously launching similar products for the logistics and electric bus industries.
CATL in talks to set up battery recycling operations in Europe
CATL is in talks to set up a battery recycling business in Europe, discussing possible plant sites with European governments including Hungary, according to Bloomberg.
China starts pilot transportation of EV batteries by rail with participation of CATL, BYD
Currently 90 percent of China's power batteries are transported by road, and rail transportation is expected to reduce costs and improve efficiency.