Battery News
BYD to build sodium-ion battery production base in Xuzhou
BYD will set up a joint venture with a local conglomerate to build a sodium-ion battery production base in Xuzhou, Jiangsu province.
Eve Energy to invest up to $1.4 billion in Hungary battery plant
Eve Energy will build a project for large cylindrical batteries for passenger cars in Hungary over a four-year construction period.
China EV battery installations in May: BYD extends lead in LFP market
CATL remains the largest power battery maker in China, but BYD's lead in the LFP market expanded in May.
Power battery industry faces serious overcapacity in China, says Changan chairman
China will need 1,000-1,200 GWh of power battery capacity by 2025, but the industry is already planning for 4,800 GWh of capacity, according to Changan's chairman.
GAC-backed Greater Bay unveils Phoenix battery that claims to be able to charge from 0 to 80% in 6 minutes
The Phoenix battery will be in mass production next year and is expected to be used in production vehicles by the end of next year, Greater Bay said.
Svolt Energy plans to build battery plant in Thailand, report says
Svolt Energy is planning to invest $30 million to build a battery module pack plant in Thailand, according to local media.
Global EV battery market share in Jan-April: CATL 35.9%, BYD 16.1%
In January-April, CALB's power battery installations of 8.4 GWh surpassed Samsung SDI's 7.5 GWh, according to SNE Research.
Battery cell prices in China fall 9% MoM in May, report says
Strong increases in lithium carbonate prices will not be immediately reflected in lithium battery prices, and prices of other raw materials are still falling, TrendForce said.
Cost advantage of sodium-ion batteries decreases as lithium prices fall
With the price of battery-grade lithium carbonate falling back to around RMB 300,000 per ton, the cost advantage of sodium batteries is seen as no longer prominent.
Lithium carbonate supply in China seen as still in surplus, despite recent price rebound
The overall supply-demand pattern in China's lithium carbonate market has not changed much, and remains oversupplied, industry sources said.