Gotion High-tech

Gotion's battery project in Morocco gets $280 million investment from local firm CDG

CDG plans to invest 300 million euros ($280 million) in the first phase of Gotion's Moroccan project and support its operations.

China EV battery installations in Oct: CATL share at 42.78%, BYD 26.73%

In October, China's power battery installations amounted to 59.2 GWh, up 51 percent year-on-year and up 8.6 percent from September.

Global EV battery market share in Jan-Sept 2024: CATL 36.7%, BYD 16.4%

CATL and BYD continued to hold the top two positions as the world's largest battery makers in the January-September period, with the former seeing a slight decrease in share and the latter remaining unchanged.

China EV battery installations in Sept: CATL's share 44.02%, BYD's 24.2%

CATL and BYD both saw their share of the Chinese EV battery market decrease slightly in September, as smaller players, including Gotion High-tech, gained share.

Global EV battery market share in Jan-Aug 2024: CATL 37.1%, BYD 16.4%

CATL and BYD continued to hold the top two positions as the world's largest battery makers in the January-August period, with the former seeing a slight decrease in share and the latter an increase.

China EV battery installations in Aug: CATL's share 44.46%, BYD 24.96%

CATL's share in August decreased by 2.84 percentage points from July, while BYD increased by 2.14 percentage points.

Global EV battery market share in Jan-Jul 2024: CATL 37.6%, BYD 16.1%

CATL and BYD continue to hold the top two spots as the world's largest battery makers in January-July, with several other Chinese companies in the top 10.

China EV battery installations in Jul: CATL's share 47.3%, BYD 22.83%

CATL's share increased by 2.24 percentage points in July compared to June, while BYD decreased by 2.49 percentage points.

Global EV battery market share in H1 2024: CATL 37.8%, BYD 15.8%

CATL and BYD continued to hold the top two positions as the world's largest battery makers in the first half of 2024, both increasing their share slightly from January-May.

China EV battery installations in Jun: CATL's share 45.06%, BYD 25.32%

CATL's share increased by 1.19 percentage points in June compared to May, while BYD decreased by 3.65 percentage points.
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