Battery News
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BYD withdraws plans to build lithium plant in Chile as lithium prices plunge
BYD and Tsingshan are backing out of multimillion-dollar plans to build lithium cathode plants in Chile, according to Reuters.
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Global EV battery market share in Jan-Mar 2025: CATL 38.3%, BYD 16.7%
CATL and BYD's combined EV battery installations in January-March amounted to 121.9 GWh, accounting for 55.0 percent of the global market.
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CATL seeks $1 billion loan for Indonesia plant expansion, report says
CATL's joint venture in Indonesia plans to build a battery cell manufacturing plant with an annual capacity of 15 GWh.
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CATL buys back shares to support stock price
CATL bought back RMB 254 million of its shares today, the first of its latest share buyback program.
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CATL unveils sodium-ion, 12C Shenxing, Freevoy dual-power batteries to show tech muscle
CATL has showcased its latest innovations ahead of the Shanghai auto show, as it tries to push the "boundaries" even further.
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CATL reports 33% year-on-year net income growth in Q1
CATL reported net income of RMB 13.96 billion ($1.9 billion) in the first quarter, up 32.85 percent year-on-year, albeit down 5.30 percent from the fourth quarter of 2024.
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China EV battery installations in Mar: CATL share 42.38%, BYD 24.52%
BYD's share increased by 0.90 percentage points in March from February, while CATL's fell by 2.07 percentage points.
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Global EV battery market share in Jan-Feb 2025: CATL 38.2%, BYD 16.9%
CATL and BYD's combined EV battery installed capacity in January-February was 71.5 GWh, accounting for 55.1 percent of the global total.
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CATL, oil giant Sinopec to jointly build over 500 swap stations this year, with long-term goal of 10,000
CATL and Sinopec will work together to build energy replenishment networks for passenger cars and heavy-duty trucks.
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Hina releases sodium-ion battery solution for commercial cars, able to be fully charged in 25 minutes
The energy density of the battery cells used in the solution exceeds 165 Wh/kg, and they can be charged to 100 percent in 20-25 minutes, Hina said.