Battery News

China Oct power battery installations: Total volume down 3.5% from Sept, CATL share at 48.33%

BYD ranked second with 25.36 percent share, CALB and Gotion High-tech ranked third and fourth with 6.76 percent and 4.52 percent shares respectively.

Changan chairman calls for regulatory efforts to bring down raw material costs for NEVs

China should launch a crackdown on the profiteering of some players and stop some companies from hoarding and speculating on raw materials, according to the chairman of Changan.

Nio's semi-solid-state battery supplier WeLion closes about $200 million in new funding

Following the completion of the financing, WeLion will further accelerate the construction of its production line and increase its R&D investment.

Sunwoda to supply batteries for VW's HEV project

This marks Sunwoda's entry into Volkswagen's high-voltage battery supplier system, the company said.

Chinese battery maker CALB to build production base in Portugal

CALB's plant in Portugal will be located near a local port and the company aims to make the project a world-leading zero-carbon plant.

Dongfeng-Sunwoda JV's 30 GWh battery base starts construction

The project, with a total investment of RMB 12 billion, has a planned annual capacity of 30 GWh.

Power battery giant CALB plunges over 30% in HK before greenshoe option expires Friday

This sent the company's market capitalization down to HK$41.1 billion, down HK$20.9 billion from about HK$62 billion at the opening of trading today.

Gotion to build 2 new battery projects with $1.6 billion investment

Gotion will build a 20 GWh per year power cell project in Hefei, Anhui and a 10 GWh per year project in Liuzhou, Guangxi.

Eve Energy unveils 560-Ah high-capacity energy storage battery

The battery allows for a 50 percent reduction in the number of cells and a 47 percent reduction in the number of Pack parts, resulting in a 30 percent increase in productivity, according to Eve Energy.

Eve Energy to build $422 million battery plant in Malaysia

Eve Energy plans to build a new 21700-type cylindrical battery production facility in Malaysia to support local and Southeast Asian electric two-wheeler and power tool manufacturers.
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