Category: Battery News

China’s EV battery installations in Nov: CATL’s share rises to 43.91%, BYD drops to 22.73%

CATL's share increased by 1.1 percentage points in November from October, while BYD's decreased by 3.5 percentage points.

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Some battery makers in China to be forced to cut or halt production due to lack of orders, says TrendForce

As demand in the power and energy storage battery markets cools, cell makers have adjusted their capacity utilization rates downward to reduce inventory.

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Chinese sodium battery maker Zoolnasm begins construction of its 1st production base

The planned annual capacity of Zoolnasm's manufacturing facility includes 20 GWh of sodium-ion battery cells and 10 GWh of sodium-ion battery systems.

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Chinese battery maker Gotion partners with UK charging operator Pod Point to tap energy storage market

Gotion will support Pod Point with energy storage systems and battery cells based on its lithium iron phosphate battery product development, design and manufacturing capabilities.

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China EV battery installations in Oct: CATL’s share rises to 42.18%, BYD drops to 26.23%

CATL's share of the Chinese EV battery market increased by 3.4 percentage points in October compared to September, while BYD's share decreased by 0.77 percentage points.

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TrendForce expects China’s power battery price decline to continue into 2024

China's lithium battery industry's overcapacity will continue into 2024, and battery prices will still decline next year, TrendForce said.

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