Battery News

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.

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.

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.

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 vehicles.

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.

China EV battery installations in Jul: CATL share falls to 41.79%, BYD rises to 29.01%

In the LFP battery market, BYD topped the list with a 43.18 percent share in July, up from 39.61 percent in June, with an installed base of 9.35 GWh.

Chinese firm begins construction of solid-state battery facility with 10 GWh annual capacity

A lesser-known company, Jiangxi Judian, began construction on August 8 on a solid-state lithium battery project with an annual capacity of up to 10 GWh.

Global EV battery market share in H1 2023: CATL 36.8%, BYD 15.7%

CATL's global share increased in January-June from January-May, while BYD's decreased slightly.

Eve Energy to build battery production base in Thailand

Eve Energy will set up a joint venture in Thailand under which it will build a battery production base with a capacity of at least 6 GWh.

Sunwoda to build $270 million power battery plant in Hungary

The investment is to further improve the company's business layout, serve international customers and expand overseas business, Sunwoda said.
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