Category: Battery News

Great Wall-backed Svolt Energy gets order to supply batteries worth over $10 billion to BMW, report says

BMW will leave the remaining order of about 70 GWh of its 160 GWh battery needs to be shared between CATL and Eve Energy, according to local media.

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China EV battery installations in Sept: CATL’s share falls to 39.41%, BYD rises to 27%

CATL's share fell by 4.88 percentage points in September from August, while BYD's rose by 0.03 percentage points.

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VW-backed Gotion sees German battery plant go into production

Gotion's German battery plant is expected to be ready to supply European customers from October and could reach a real-world capacity of 5 GWh by mid-2024.

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China EV battery installations in Aug: CATL’s share rises to 44.29%, BYD falls to 26.97%

CATL's share of China's EV battery market increased in August, as it gained additional share in the BYD-dominated LFP market.

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Lithium prices fall below key level in China as new downtrend continues

The price of battery-grade lithium carbonate fell below RMB 200,000 per ton for the first time in four months, as industry players' expectations of supply-demand balance changes.

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Chinese EV battery maker Gotion to build $2 billion plant in Illinois, to start production in 2024

The plant will focus on lithium-ion battery cell and pack production and energy storage system integration, and is expected to produce 10 GWh battery packs and 40 GWh cells when completed.

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Chinese EV battery maker Gotion to build $2 billion plant in Illinois, to start production in 2024

The plant will focus on lithium-ion battery cell and pack production and energy storage system integration, and is expected to produce 10 GWh battery packs and 40 GWh cells when completed.

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Lithium prices in China expected to stop falling in Sept as suppliers cut production, says TrendForce

Battery-grade lithium carbonate prices are still sinking, but lithium suppliers have begun to cut production and the market is looking forward to the September-October demand season, TrendForce said.

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Eve Energy to establish US JV to supply batteries to commercial vehicle partners

Eve Energy US will hold a 10 percent stake in the joint venture, which will produce batteries primarily for use in designated North American commercial vehicle segments.

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