Tag: battery

Breakthrough nano-spring technology boosts battery durability and energy density

A groundbreaking technology developed by a research team led by Professor Kyu-Young Park from POSTECH, in collaboration with…

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.…

Scania secures additional battery cell supply deal

Scania, a renowned Swedish truck manufacturer, has recently secured an additional supply of battery cells to complement its…

China EV battery installations in Feb: CATL share at 44.45%, BYD 23.62%

BYD's share in China's electric vehicle (EV) battery market saw a significant increase in February as its NEV…

Hefei offers subsidies on car purchases available only for battery swap-enabled models

Hefei, the capital city of Anhui province, has recently introduced a new subsidy program exclusively for battery swap-enabled…

Global EV battery market share in Jan 2025: CATL 38.9%, BYD 16.9%

CATL and BYD continued their dominance in the global electric vehicle (EV) battery market in January, accounting for…

Nio averages 97,800 daily battery swap services in Feb

Nio (NYSE: NIO) experienced a surge in daily battery swap services during the month of February, making it…

GAC chairman calls for greater policy support for battery swap in China

Feng Xingya, the chairman and general manager of GAC Group, a prominent Chinese auto manufacturer, has urged for…

Nio Onvo launches service allowing owners to upgrade battery packs on demand

Onvo, a sub-brand of Nio (NYSE: NIO), has introduced a new flexible battery upgrade service that allows owners…

NIO’s CEO says Shanghai battery swapping stations near profitability

Shanghai Battery Swapping Stations Close to Profitability, Says NIO CEO Shanghai (Gasgoo)- On February 9, William Bin Li,…

Analysts expect Nio’s battery swap business to break even by end of 2026

Nio's battery swap business is set to see significant growth as car sales rise, with analysts predicting a…

Mercedes-Benz begins road tests for solid-state battery in EQS Sedan

Mercedes-Benz, in partnership with US-based solid-state battery provider Factorial Energy, has kicked off road tests for a lithium-metal…