Battery

BMW will leave the remaining order of about 70 GWh of its 160 GWh battery needs to be shared between CATL and Eve Energy, according to local media.

CATL's share of the global EV battery market in January-August rose from January-July, while BYD declined slightly.

CATL's share fell by 4.88 percentage points in September from August, while BYD's rose by 0.03 percentage points.

Gotion's German battery plant is expected to be ready to supply European customers from October and could reach a real-world capacity of 5 GWh by mid-2024.

CATL's share of China's EV battery market increased in August, as it gained additional share in the BYD-dominated LFP market.

The price of battery-grade lithium carbonate fell below RMB 200,000 per ton for the first time in four months, as industry players' expectations of supply-demand balance changes.

The plant will focus on lithium-ion battery cell and pack production and energy storage system integration, and is expected to produce 10 GWh battery packs and 40 GWh cells when completed.

Battery-grade lithium carbonate prices are still sinking, but lithium suppliers have begun to cut production and the market is looking forward to the September-October demand season, TrendForce said.

Eve Energy US will hold a 10 percent stake in the joint venture, which will produce batteries primarily for use in designated North American commercial vehicle segments.

CATL's share of the global EV battery market in Jan-July declined slightly from Jan-June, while BYD increased.