Category: Battery News

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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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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