Battery News
Global EV battery market share in Jan-Sept 2024: CATL 36.7%, BYD 16.4%
CATL and BYD continued to hold the top two positions as the world's largest battery makers in the January-September period, with the former seeing a slight decrease in share and the latter remaining unchanged.
Chinese sodium battery maker Zoolnasm says it becomes supplier to one global auto parts firm
The program will last for four years, with a total lifecycle purchase value of about RMB 200 million ($28.1 million).
Yangwang U7 sedan said to be powered by BYD's 2nd-gen blade battery
The Yangwang U7 will be powered by BYD's second-generation blade battery, which will have a charging multiplier of more than 5.5 C and a discharging multiplier of more than 14 C, according to an auto blogger.
Chinese battery maker Svolt confirms it will end operations in Europe
Svolt said it had to make the decision after the development of the European EV market failed to meet the expectations of all stakeholders.
Svolt Energy reportedly suspends 2 battery factory projects in Germany
That's because Svolt's operations in its home market in China are already struggling, and it can't afford to handle overseas factories that require a lot of capital, according to Caixin.
CATL launches Freevoy battery for hybrid cars that can offer over 400 km range
CATL has launched the Freevoy battery for hybrid vehicles, which offers a range of more than 400 kilometers and supports 4 C fast charging, allowing hybrid vehicles to deliver a BEV-like experience.
CATL sees 2nd-highest net income, record gross margin in Q3
CATL reported net income of RMB 13.14 billion in the third quarter, up 6.32 percent from the second quarter. It had a record gross margin of 31.17 percent in the third quarter.
China EV battery installations in Sept: CATL's share 44.02%, BYD's 24.2%
CATL and BYD both saw their share of the Chinese EV battery market decrease slightly in September, as smaller players, including Gotion High-tech, gained share.
Global EV battery market share in Jan-Aug 2024: CATL 37.1%, BYD 16.4%
CATL and BYD continued to hold the top two positions as the world's largest battery makers in the January-August period, with the former seeing a slight decrease in share and the latter an increase.
CATL production site catches fire, no injuries reported
A CATL production site in Ningde, Fujian, where the company is headquartered, caught fire in one of the rare accidents in battery manufacturing.