Battery

CATL and BYD collectively installed 513.1 GWh of EV batteries in January-October 2025, accounting for 55.0 percent of the global total.

China will strengthen capacity monitoring in the battery sector and intensify oversight of production consistency and product quality.

About 2,000 Chinese workers will participate in the factory's construction, with production expected to start by late 2026, according to Reuters.

CATL's first battery swap station in Hong Kong is set to start operations soon, with the company planning to expand to six stations by the end of 2026.

CATL has drawn up a preliminary plan to restart its Jianxiawo lithium mine in Yichun by early December, Bloomberg reported.

Gotion will supply Volkswagen with high-performance LFP and other unified cells from 2026 to 2032, supporting multiple platforms for the German automaker.

Svolt has completed development of its first-generation semi-solid-state square battery cells with an energy density of 270 Wh/kg.

These solid-state batteries feature an energy density of 350 Wh/kg, and Dongfeng has already put a 0.2 GWh pilot line into operation.

CATL's fifth-generation LFP batteries have achieved new breakthroughs in energy density and cycle life, according to its chairman Robin Zeng.

CATL's market share in October increased by 0.19 percentage points compared to September, while BYD's share grew by 0.22 percentage points.