Battery News
Chinese lithium producers expect net profit to plunge in 2023 on falling lithium prices
Lithium producers including Ganfeng and Tianqi expect their net profits in 2023 to be much lower than in 2022, with the common reason being a sharp drop in lithium prices.
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Eve Energy launches global operations, opens 7 regional headquarters
The regional headquarters are aimed at serving customers close to where they are and mark Eve Energy's transition to global operations, it said.
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Battery maker Gotion expects 2023 profit to increase by up to 253%
Gotion said further reductions in raw material costs and the introduction of Volkswagen's management system have helped it improve efficiency.
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China's solid-state battery planned capacity to exceed 128 GWh by 2025, analysts say
China already has 10 GWh of capacity for solid-state batteries, with more than 128 GWh planned for medium-term capacity, CITIC Securities said.
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SAIC-GM-Wuling launches battery pack for commercial NEVs
The battery pack, called "Wuling Red 1", is 148 mm thick, which SAIC-GM-Wuling said is the thinnest battery for commercial vehicles.
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Eve Energy to build energy storage plant in Malaysia
Eve Energy plans to set up an energy storage company in Malaysia and acquire new land parcels to begin construction of an energy storage plant.
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Battery price war: CATL, BYD pushing battery costs down further
The price war for power batteries is intensifying, with the world's two largest battery makers reportedly pushing battery costs down further.
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Eve Energy to set up JV in Turkey to produce batteries
The joint venture will manufacture and sell products including battery modules and outdoor battery cabinets, as well as build energy storage system projects there.
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China EV battery installations in Dec: CATL share at 44.48%, BYD at 22.95%
CATL and BYD both saw their share of the Chinese power battery market increase slightly in December.
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Global EV battery market share in Jan-Nov: CATL 37.4%, BYD 15.7%
CATL's share in the January-November period was higher than the 35.7 percent it achieved in the same period last year, and higher than the 36.9 percent in the January-October perio
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