Smart and Sustainable Electric Mobility
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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CATL's share of the global EV battery market in Jan-July declined slightly from Jan-June, while BYD increased.
The post Global EV battery market share in Jan-Jul: CATL 36.6%, BYD 16.0% appeared first on CnEVPost.
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The deal is the first major investment in a European startup by a top Chinese global battery maker, with an initial focus on Central and Eastern Europe as well as Morocco.
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SAIC's joint lab with QingTao completed tests to install first-generation solid-state batteries into prototype vehicles with a maximum range of 1,083 kilometers in the test vehicles.
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Gotion's net profit for the first half of the year reached RMB 209 million, up 223.75 percent year-on-year.
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In the LFP battery market, BYD topped the list with a 43.18 percent share in July, up from 39.61 percent in June, with an installed base of 9.35 GWh.
The post China EV battery installations in Jul: CATL share falls to 41.79%, BYD rises to 29.01% appeared first on CnEVPost.
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A lesser-known company, Jiangxi Judian, began construction on August 8 on a solid-state lithium battery project with an annual capacity of up to 10 GWh.
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CATL's global share increased in January-June from January-May, while BYD's decreased slightly.
The post Global EV battery market share in H1 2023: CATL 36.8%, BYD 15.7% appeared first on CnEVPost.
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Eve Energy will set up a joint venture in Thailand under which it will build a battery production base with a capacity of at least 6 GWh.
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The investment is to further improve the company's business layout, serve international customers and expand overseas business, Sunwoda said.
The post Sunwoda to build $270 million power battery plant in Hungary appeared first on CnEVPost.
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