Battery News
China EV battery installations in Jan: Total volume down 55% from Dec, BYD overtakes CATL again in LFP market
BYD overtook CATL in LFP market share again after six months, the last time being in July 2022.
Global EV battery market share in 2022: CATL 37%, BYD 13.6%
Chinese companies, including CATL and BYD, saw explosive growth in the power battery market, while South Korean and Japanese manufacturers were not performing as brightly.
Gotion to explore building 40 GWh overseas facility with European battery maker InoBat
Gotion and InoBat will explore building a 40 GWh cell and Pack facility in Europe and explore producing energy storage batteries based on the latter's existing facility in Slovakia.
China Dec EV battery installations: Total volume up 5.5% from Nov, CATL share at 49.49%
For the full year 2022, CATL's share of China's power battery market was 48.2 percent and BYD 23.45 percent.
Global EV battery market share in Nov: CATL 40.9%, BYD 15.6%
CATL's installed power battery volume from January to November was 165.7 GWh, ranking first with a 37.1 percent market share.
Lithium carbonate prices fall to around RMB 500,000 with outlook remains bearish
Battery-grade lithium carbonate has fallen more than 10 percent compared to mid-November when prices reached as high as RMB 590,000 per ton.
Svolt Energy completes development of 1st-gen sodium-ion battery with energy density of 110 Wh/kg
Svolt Energy expects to complete the development of sodium-ion batteries with an energy density of 160 Wh/kg and cycle life of more than 2,000 by the fourth quarter of 2023.
Farasis Energy expects model with its sodium-ion battery to be available in 2023
Farasis Energy is working on adapting a sodium-ion battery based on a JMEV model that will be available in 2023.
Svolt Energy unveils Dragon Armor Battery capable of giving EVs up to 1,000 km of range
The battery is expected to be available in production models in 2023, including an SUV and a coupe that will be in production in October next year.
Gotion to build battery pack facility in Thailand, production expected to start in Q4 2023
Gotion's joint venture in Thailand will create a battery export base in addition to local production of battery packs.