Battery

CATL's global share increased in January-June from January-May, while BYD's decreased slightly.

Eve Energy will set up a joint venture in Thailand under which it will build a battery production base with a capacity of at least 6 GWh.

The investment is to further improve the company's business layout, serve international customers and expand overseas business, Sunwoda said.

The customer is a globally recognized automaker headquartered in Germany with a portfolio of well-known car brands, Transimage said.

China recycled 115,000 tons of used power batteries in January-May, more than the total for the whole of last year.

In June, Xpeng loaded more than 4,000 vehicles with CALB battery packs, or 70 percent of its production for the month.

Sunwoda's power battery installations in China amounted to 0.73 GWh in June, placing it at No. 6 with a 2.21 percent share.

Talent's second phase of a 2 GWh/year plant in Chongqing is expected to be completed by the end of 2023, and a 10 GWh/year industrial park project in Anhui is under construction.

Gotion's earnings preview implies it will post a net profit of RMB 7,439 to RMB 124.4 million in the second quarter, a year-on-year increase of 129.46 percent to 283.68 percent.

By then, the energy density of lithium batteries could reach 500 Wh/kg, providing EVs with two to three times the range of liquid lithium batteries and tying the range of fuel vehicles, TrendForce said.