Battery News

Eve Energy's US JV breaks ground on battery plant in Mississippi

The joint venture will produce square LFP batteries for selected North American commercial vehicle applications with an annual capacity of about 21 GWh.

'World's largest' sodium-ion battery energy storage project goes into operation in China

The energy storage station can store 100,000 kWh of electricity on a single charge, which can meet the needs of around 12,000 households for a day.

Geely releases new LFP battery with fast charging and energy density of 192 Wh/kg

Geely's Aegis Short Blade Battery will first be used in the Galaxy E5 all-electric SUV.

Sunwoda to supply batteries for Xiaomi's 3rd EV model, Li Auto's BEVs, report says

Sunwoda will supply batteries for Xiaomi's third model, codenamed "Kunlun," as well as Li Auto's Li M7 and Li M8, according to local media.

China EV battery installations in May: CATL's share 43.87%, BYD 28.97%

CATL's share of China's EV battery market declined further in May, while BYD continued to increase, as the latter's NEV sales grew further.

CATL, BYD working on even faster 6C charging tech, report says

CATL plans to launch a second-generation Qilin Battery with a 6C charging multiplier in the second half of 2024, and BYD's second-generation Blade Battery could also be launched in the second half of the year, with a 6C battery in the works.

Gotion to build $1.3 billion EV battery plant in Morocco

The Moroccan government signed an investment agreement with Gotion for the gigafactory with initial battery capacity of 20 GWh.

Global EV battery market share in Jan-Apr 2024: CATL 37.7%, BYD 15.4%

CATL continued to be No. 1, but with a slight decrease in share from Jan-March. BYD remained in second place and increased its share.

BYD's FinDreams unit to supply battery cells to Tesla's Shanghai Megafactory

BYD's battery making unit FinDreams will be Tesla's new supplier of energy storage cells outside of CATL, securing more than 20 percent of orders for the Megapack product line, according to local media.

Chinese battery maker Gotion plans to build energy storage plants in Spain

Gotion has signed a new cooperation agreement to work with two partners on energy storage and new material development in Spain.
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