Battery

CATL's skateboard chassis business recently launched the financing for RMB 2 billion ($280 million), with a pre-investment valuation of about RMB 9 billion.

The semi-solid-state batteries will be supplied to BMW Mini's next-generation models, with mass production planned for 2027.

BYD and CATL have each signed MOUs with BHP to advance the mining giant's decarbonization efforts.

CATL and BYD's combined EV battery installations for January-May came in at 222.7 GWh, accounting for 55.5 percent of the global total.

Svolt witnessed the roll-off of the 10,000th EV battery pack from its Thailand joint venture plant, following the production of the first battery pack in December 2023.

The plant is expected to have a total battery capacity of 15 GWh, enough to power 250,000 to 300,000 vehicles.

Eve Energy plans to use the proceeds for its Hungarian production base and the third phase of its Malaysian production base.

The energy storage battery project is an expansion of Eve Energy's existing facility in Malaysia, which began operations in February this year.

CATL has already talked with carmakers about using battery swap technology in Europe, said its board secretary Jiang Li.