Battery News
VW-backed Gotion sees German battery plant go into production
Gotion's German battery plant is expected to be ready to supply European customers from October and could reach a real-world capacity of 5 GWh by mid-2024.
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China EV battery installations in Aug: CATL's share rises to 44.29%, BYD falls to 26.97%
CATL's share of China's EV battery market increased in August, as it gained additional share in the BYD-dominated LFP market.
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Lithium prices fall below key level in China as new downtrend continues
The price of battery-grade lithium carbonate fell below RMB 200,000 per ton for the first time in four months, as industry players' expectations of supply-demand balance changes.
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Chinese EV battery maker Gotion to build $2 billion plant in Illinois, to start production in 2024
The plant will focus on lithium-ion battery cell and pack production and energy storage system integration, and is expected to produce 10 GWh battery packs and 40 GWh cells when co
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Lithium prices in China expected to stop falling in Sept as suppliers cut production, says TrendForce
Battery-grade lithium carbonate prices are still sinking, but lithium suppliers have begun to cut production and the market is looking forward to the September-October demand seaso
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Eve Energy to establish US JV to supply batteries to commercial vehicle partners
Eve Energy US will hold a 10 percent stake in the joint venture, which will produce batteries primarily for use in designated North American commercial vehicle segments.
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Global EV battery market share in Jan-Jul: CATL 36.6%, BYD 16.0%
CATL's share of the global EV battery market in Jan-July declined slightly from Jan-June, while BYD increased.
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Chinese battery maker Gotion acquires 25% stake in European firm InoBat
The deal is the first major investment in a European startup by a top Chinese global battery maker, with an initial focus on Central and Eastern Europe as well as Morocco.
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SAIC to form JV with startup QingTao to make solid-state batteries
SAIC's joint lab with QingTao completed tests to install first-generation solid-state batteries into prototype vehicles with a maximum range of 1,083 kilometers in the test vehicle
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VW-backed battery maker Gotion sees Q2 profit up 76.52% from Q1
Gotion's net profit for the first half of the year reached RMB 209 million, up 223.75 percent year-on-year.
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