Battery News
Chinese battery maker Gotion partners with UK charging operator Pod Point to tap energy storage market
Gotion will support Pod Point with energy storage systems and battery cells based on its lithium iron phosphate battery product development, design and manufacturing capabilities.
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China EV battery installations in Oct: CATL's share rises to 42.18%, BYD drops to 26.23%
CATL's share of the Chinese EV battery market increased by 3.4 percentage points in October compared to September, while BYD's share decreased by 0.77 percentage points.
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TrendForce expects China's power battery price decline to continue into 2024
China's lithium battery industry's overcapacity will continue into 2024, and battery prices will still decline next year, TrendForce said.
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Lithium carbonate prices keep falling as supply-demand imbalance fears persist
The average price of battery-grade lithium carbonate in China is falling close to RMB 150,000 per ton, about half of what it was at the end of June, as supply-demand imbalances con
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Global EV battery market share in Jan-Sept: CATL 36.8%, BYD 15.8%
CATL and BYD's shares in January-September both declined slightly from January-August.
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Chinese EV battery maker Rept plans HK IPO
By the end of 2022, Rept had a production capacity of 35.2 GWh, and by 2025 it is expected to have a capacity of more than 150 GWh.
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Sunwoda's EV battery business kicks off IPO process in China
Sunwoda is one of the world's largest power battery makers, and its EV battery business was valued at RMB 35.56 billion in its last funding round in June.
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Great Wall-backed Svolt Energy gets order to supply batteries worth over $10 billion to BMW, report says
BMW will leave the remaining order of about 70 GWh of its 160 GWh battery needs to be shared between CATL and Eve Energy, according to local media.
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Global EV battery market share in Jan-Aug: CATL 36.9%, BYD 15.9%
CATL's share of the global EV battery market in January-August rose from January-July, while BYD declined slightly.
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China EV battery installations in Sept: CATL's share falls to 39.41%, BYD rises to 27%
CATL's share fell by 4.88 percentage points in September from August, while BYD's rose by 0.03 percentage points.
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