Battery News
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.
China may devote about $830 million to support all-solid-state battery R&D, report says
Six companies, including CATL, BYD, FAW, SAIC, WeLion and Geely, may receive basic government R&D support, according to China Daily.
Gotion shows tech muscle with launch of new batteries, announces foray into all-solid-state
Gotion has launched the G-Current, which supports ultra-fast charging, the Stellary Battery, a large cylindrical battery, and announced the Gemstone, an all-solid-state battery.
China's 1st large-scale sodium battery energy storage station put into operation
A 10-MWh sodium-ion battery energy storage station has been put into operation in Guangxi, southwest China, the country's first large-scale energy storage plant using sodium batteries.
China EV battery installations in Apr: CATL share 44.65%, BYD 28.37%
CATL's share in April decreased by 0.22 percentage points from March, while BYD's increased by 1.58 percentage points.
Global EV battery market share in Jan-Mar 2024: CATL 37.9%, BYD 14.3%
CATL continues to be No. 1, but with a slightly reduced share from Jan-February. BYD is back in second place, overtaking LG Energy Solution.
Volvo, CATL sign partnership on battery recycling and material reuse
Volvo will recycle retired batteries from its vehicles, leaving them to suppliers to dismantle and extract the metal materials, and CATL will use the recycled materials to produce new batteries that will be used in the production of new Volvo vehicles.
GAC plans to equip Hyper-branded EVs with all-solid-state batteries in 2026, offering over 1,000 km range
GAC said its solid-state batteries have an energy density of more than 400 Wh/kg and could easily give an EV a range of over 1,000 kilometers.
China EV battery installations in Mar: CATL share 44.87%, BYD 26.79%
CATL's share in March decreased by 10.29 percentage points from February, while BYD increased by 9.04 percentage points.
