Gotion High-tech

Gotion has signed a new cooperation agreement to work with two partners on energy storage and new material development in Spain.

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.

CATL's share in April decreased by 0.22 percentage points from March, while BYD's increased by 1.58 percentage points.

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.

CATL's share in March decreased by 10.29 percentage points from February, while BYD increased by 9.04 percentage points.

CATL continued to be No. 1, while BYD dropped to No. 3 after being overtaken by LG Energy Solution for the first time since December 2022.

Gotion's chairman said the battery maker will set up a project team to communicate with Nio on technologies, and expects to see substantial results from their cooperation soon.

A total of 1 GWh of energy storage battery products are expected to be introduced into Japan over the next 2 years, Gotion said.

CATL's share of China's EV battery market increased by 5.75 percentage points in February, while BYD's share decreased by 0.82 percentage points.

CATL's battery installations in January were 20.5 GWh, up 88.1 percent year-on-year, while BYD's were 7.4 GWh, up 34.4 percent year-on-year.