Battery News
Battery maker Gotion plans to set up low-carbon tech institute in HK
Gotion plans to set up the institute with Hong Kong-listed Envision to conduct research on battery energy storage system technologies and business models.
Global EV battery market share in 2023: CATL 36.8%, BYD 15.8%
As a comparison, CATL and BYD's shares in 2022 were 36.2 percent and 13.9 percent, respectively.
China Jan EV battery installations: CATL share 49.41%, BYD 18.58%
CATL's share of China's EV battery market increased by 4.93 percentage points in January from December, while BYD's share decreased by 4.37 percentage points.
BYD and FAW's joint battery project goes into production
FAW-FinDreams has a total planned capacity of 45 GWh, and will be able to provide blade batteries for nearly 600,000 vehicles when fully operational. Its initial production capacity is 15 GWh.
China power battery cell prices fall as much as 7% in Jan, TrendForce says
Pouch-type ternary power battery cells saw the biggest drop, falling 7.3 percent to $0.51 per Wh in January, TrendForce said.
Chinese lithium producers expect net profit to plunge in 2023 on falling lithium prices
Lithium producers including Ganfeng and Tianqi expect their net profits in 2023 to be much lower than in 2022, with the common reason being a sharp drop in lithium prices.
Eve Energy launches global operations, opens 7 regional headquarters
The regional headquarters are aimed at serving customers close to where they are and mark Eve Energy's transition to global operations, it said.
Battery maker Gotion expects 2023 profit to increase by up to 253%
Gotion said further reductions in raw material costs and the introduction of Volkswagen's management system have helped it improve efficiency.
China's solid-state battery planned capacity to exceed 128 GWh by 2025, analysts say
China already has 10 GWh of capacity for solid-state batteries, with more than 128 GWh planned for medium-term capacity, CITIC Securities said.
SAIC-GM-Wuling launches battery pack for commercial NEVs
The battery pack, called "Wuling Red 1", is 148 mm thick, which SAIC-GM-Wuling said is the thinnest battery for commercial vehicles.
