Battery News
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.
BYD chief scientist expects solid-state batteries to be widely used in 5 years' time
BYD's chief scientist expects solid-state batteries to be widely used in 5 years, starting with high-end models, the first time a BYD executive has spoken publicly on the topic in the last few years.
SAIC-GM, CATL jointly launch EV battery with fastest charging to date
SAIC-GM and CATL have jointly launched an LFP battery that supports a 6C charging multiplier and can get more than 200 km of range on a 5-minute charge.
CATL launches battery with 15-year lifespan for electric buses
CATL has launched the CATL Tectrans Bus Edition, claiming an energy density of 175 Wh/kg, the highest in the electric bus industry.
CATL suspending lithium production in Jiangxi, sending lithium producer shares soaring
A rumor -- later confirmed -- that CATL had suspended lithium production in Jiangxi sent shares of major lithium producers soaring.
