Category: Battery News

Lithium carbonate falls below RMB 400,000 per ton as price drop shows no sign of stopping

Industrial-grade lithium carbonate prices in China today fell below 400,000 yuan ($58,000) per ton, a pullback of more than 30 percent from the November peak.

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Global EV battery market share in 2022: CATL 37%, BYD 13.6%

Chinese companies, including CATL and BYD, saw explosive growth in the power battery market, while South Korean and Japanese manufacturers were not performing as brightly.

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Gotion to explore building 40 GWh overseas facility with European battery maker InoBat

Gotion and InoBat will explore building a 40 GWh cell and Pack facility in Europe and explore producing energy storage batteries based on the latter's existing facility in Slovakia.

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