Battery News
China's Gotion sees its 1st US-made battery pack roll off line
Located in the Silicon Valley area, the plant is Gotion's first US battery pack production line, targeting the Americas energy storage system market.
...
Two EV models powered by sodium-ion batteries roll off line in China
The two models feature sodium-ion batteries from Farasis Energy and Hina Battery, marking a step closer to large-scale use of the new, lower-cost batteries.
...
Svolt Energy's Thailand plant sees 1st battery pack roll off line
The battery pack, which is expected to be available in volume in the first quarter of 2024, will first be fitted to the Good Cat model of Great Wall Motor's Ora brand.
...
EV battery maker Rept makes HK stock market debut with market cap above CALB
Rept's latest market capitalization of HK$42.4 billion overtook CALB as the highest lithium battery maker listed in Hong Kong.
...
China's EV battery installations in Nov: CATL's share rises to 43.91%, BYD drops to 22.73%
CATL's share increased by 1.1 percentage points in November from October, while BYD's decreased by 3.5 percentage points.
...
Gotion's Thailand JV sees 1st battery pack roll off line
Gotion's joint venture plant in Thailand has a planned capacity of 2 GWh of battery packs per year for the first phase, which will be expanded to 8 GWh in the future.
...
Global EV battery market share in Jan-Oct: CATL 36.9%, BYD 15.8%
CATL's share continues to rank first in the world and remains the only global battery supplier with a market share of more than 30 percent.
...
Some battery makers in China to be forced to cut or halt production due to lack of orders, says TrendForce
As demand in the power and energy storage battery markets cools, cell makers have adjusted their capacity utilization rates downward to reduce inventory.
...
Lithium carbonate prices fall 50% in 6 months in China with supply-demand balance seen as still 1 year away
Lithium carbonate prices are expected to still have room to fall, with the supply-demand balance point expected to occur by the end of 2024 or 2025, an expert said.
...
Chinese sodium battery maker Zoolnasm begins construction of its 1st production base
The planned annual capacity of Zoolnasm's manufacturing facility includes 20 GWh of sodium-ion battery cells and 10 GWh of sodium-ion battery systems.
...
