Battery News
Thailand approves Sunwoda’s $1 billion investment in EV battery cell plants
Sunwoda, a prominent Chinese battery manufacturer, has recently received approval to invest in battery cell plants in Thailand. This development marks Sunwoda as the latest Chinese company to establish battery…
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CATL previews net income growth of up to 20% to RMB 53 billion in 2024
CATL (SHE: 300750) is projected to achieve a record net income of RMB 17 billion in the fourth quarter of…
CATL breaks ground on its 1st battery swap station in HK
CATL (SHE: 300750) has taken a significant step towards expanding its battery swap business beyond the Chinese mainland market by…
China EV battery installations in Dec: CATL share at 45.48%, BYD 23.19%
In December, China's power battery installations reached 75.4 GWh, showing a 57.3 percent increase compared to the previous year and…
SAIC to make battery swap-enabled models based on CATL’s solution
SAIC Motor (SHA: 600104) has entered into a collaboration with CATL (SHE: 300750) to develop and sell battery swap-enabled models,…
Svolt unveils EV battery that can charge from 10% to 80% in less than 9 minutes
Svolt Energy, a prominent battery maker that recently separated from Great Wall Motor, made headlines with the unveiling of its…
Global EV battery market share in Jan-Nov 2024: CATL 36.8%, BYD 17.1%
CATL and BYD have maintained their positions as the top two power battery makers globally in the period of January-November…
CATL signs deal with FAW Jiefang to drive electrification of commercial vehicles
Chinese power battery giant CATL and FAW Jiefang, the truck making subsidiary of China's FAW Group, have joined forces to…
JAC EV unit to build models based on CATL’s skateboard chassis
Yiwei, the electric vehicle (EV) unit of Anhui Jianghuai Automobile Group (JAC), has recently entered into a new agreement with…