CATL

Lithium-ion batteries are still the mainstream technology route for power batteries, and the application scenarios for sodium-ion batteries may mainly focus on energy storage, low-speed new energy vehicles, and small power fields.

CATL said the company is able to make samples of solid-state batteries, but the indicators show there is still a long way from commercialization.

The strategic importance of sodium batteries as a technology reserve and to ensure China's energy security should be valued, but their commercial value should not be overestimated.

Robin Zeng, the founder of Nio and Tesla's battery supplier CATL, said Friday that the company will release sodium-ion batteries around July this year.

CATL will supply lithium-ion battery packs for the eActros LongHaul electric truck, which is scheduled for mass production in 2024, for a supply period beyond 2030.

If CATL does raise its LFP battery prices by 10%, then China-made Tesla Model 3 entry-level model and the lower-priced LFP-equipped models that Xpeng Motors just started delivering will have to face higher costs.

EVE Energy's power cell installed base in April was 0.22 GWh, with a 2.6% market share. from January to April, the company's power cell installed base was 0.61 GWh, with a 1.9% market share.

CATL remained in the first place, with an installed base of 3.82 GWh in April and a market share of 45.5 percent. Notably, this is the first time CATL's market share has fallen below 50 percent this year.

In the first half of 2020, Nio became CATL's largest customer as its shipments continued to rise.

CATL's installed capacity of power batteries was 31.9 GWh, accounting for 50% of the Chinese market.