Battery News
CATL sees 2nd-highest net income, record gross margin in Q3
Contemporary Amperex Technology Co Ltd (CATL) recently released its financial results for the third quarter, showing impressive growth despite a slight decrease in revenue compared to the previous year. The…
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CATL launches new batteries for heavy-duty commercial vehicles under Tectrans brand
CATL, a leading Chinese power battery giant, has recently unveiled a new line of batteries for heavy-duty commercial vehicles under…
CATL in talks to set up battery recycling operations in Europe
Contemporary Amperex Technology Co Ltd (CATL) is currently in discussions to establish a battery recycling business in Europe, with potential…
China starts pilot transportation of EV batteries by rail with participation of CATL, BYD
China has recently launched a pilot program aimed at transporting power batteries by rail, a move that is expected to…
Gotion’s battery project in Morocco gets $280 million investment from local firm CDG
Chinese battery giant Gotion High-tech, backed by Volkswagen, has received a significant investment of 300 million euros ($280 million) for…
CATL would build plant in US if Trump clears path, chairman says
CATL, the world's largest battery maker, is considering building a plant in the US if President-elect Donald Trump opens the…
China EV battery installations in Oct: CATL share at 42.78%, BYD 26.73%
In October, China saw a significant increase in power battery installations, reaching 59.2 GWh. This marked a 51 percent year-on-year…
CATL ups bet on all-solid-state batteries, begins sample validation, report says
CATL, a leading Chinese power battery giant, has made significant advancements in the development of all-solid-state batteries this year. The…
Global EV battery market share in Jan-Sept 2024: CATL 36.7%, BYD 16.4%
CATL and BYD have maintained their positions as the top two battery makers globally in the January-September period, with CATL…