Battery

Nio and BYD's FinDreams have suspended their battery supply cooperation as L60 orders are insufficient to support multiple suppliers, according to a local media report.

Geely subsidiary Vremt alleges Sunwoda EVB supplied defective battery cells between June 2021 and December 2023, causing financial losses.

CATL and Sieyuan signed a three-year deal for energy storage cooperation, targeting a total project scale of 50 GWh.

CATL's Jianxiawo lithium mine in Yichun, Jiangxi, is expected to resume production around the Chinese New Year in February, according to a local media report.

Eve Energy will invest about RMB 1 billion ($140 million) in this sodium-ion battery project, with an annual production capacity planned at 2 GWh.

The humanoid robot has replaced human workers in the testing processes before battery packs roll off the line, with its operation cycle matching that of skilled workers.

CATL will prioritize supplying Voyah with cutting-edge battery technologies and deploy production capacity near the EV maker's manufacturing facilities.

Deegares becomes the first Chinese battery maker to publicly announce a price increase, signaling that higher raw material costs are being passed on to battery production.

CATL's share in November increased by 0.71 percentage points compared to October, while BYD's share decreased by 0.93 percentage points.

WeLion's pre-IPO tutoring will proceed in three phases, expected to take several months to complete.