CATL

China's EV battery installations were 67.2 GWh in November, up 49.7 percent year-on-year and up 13.5 percent from October.

The Spanish plant will be CATL's third in Europe, with a total planned investment of $4.26 billion and an annual capacity of up to 50 GWh.

CATL and BYD continued to hold the top two positions as the world's largest battery makers in the January-October period, both increasing their share slightly from January-September.

CATL contributed 35.2 percent of global EV battery shipments in the third quarter, while BYD FinDreams contributed 17.0 percent.

CATL has launched new batteries for heavy-duty commercial vehicles under its commercial vehicle battery brand Tectrans, after previously launching similar products for the logistics and electric bus industries.

Changan said its Oshan 520, built on CATL's battery swap solution, will bring a new experience to the shared mobility market.

CATL is in talks to set up a battery recycling business in Europe, discussing possible plant sites with European governments including Hungary, according to Bloomberg.

Currently 90 percent of China's power batteries are transported by road, and rail transportation is expected to reduce costs and improve efficiency.

SAIC-GM-Wuling has entered into a partnership with CATL to use the latter's Choco-SEB battery swap solution in the logistics vehicle segment.

CATL would consider building a plant in the US if Trump opens the door for Chinese investment in the US EV supply chain, the battery maker's chairman Robin Zeng said.