Smart and Sustainable Electric Mobility
Sunwoda is one of the world's largest power battery makers, and its EV battery business was valued at RMB 35.56 billion in its last funding round in June.
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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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CATL's share of the global EV battery market in January-August rose from January-July, while BYD declined slightly.
The post Global EV battery market share in Jan-Aug: CATL 36.9%, BYD 15.9% appeared first on CnEVPost.
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CATL's share fell by 4.88 percentage points in September from August, while BYD's rose by 0.03 percentage points.
The post China EV battery installations in Sept: CATL's share falls to 39.41%, BYD rises to 27% appeared first on CnEVPost.
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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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CATL's share of China's EV battery market increased in August, as it gained additional share in the BYD-dominated LFP market.
The post China EV battery installations in Aug: CATL's share rises to 44.29%, BYD falls to 26.97% appeared first on CnEVPost.
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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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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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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.
The post Chinese EV battery maker Gotion to build $2 billion plant in Illinois, to start production in 2024 appeared first on CnEVPost.
For more articles, please visit CnEVPost.
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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