CATL's net income in the fourth quarter is expected to be a record RMB 17 billion, up 31.01 percent year-on-year and up 29.41 percent from the third quarter, CnEVPost calculations show.
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Category: Battery News
CATL expected to announce new European JV battery plant this year
CATL currently has battery plants in Germany and Hungary, and last month announced plans for a new joint venture battery plant in Spain with Stellantis.
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CATL breaks ground on its 1st battery swap station in HK
FAW Hongqi's E-QM5 based on CATL's battery swap solution will be put into service as an electric cab in the Hong Kong market.
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China EV battery installations in Dec: CATL share at 45.48%, BYD 23.19%
For the full year of 2024, CATL ranked first with a 45.08 percent share, BYD was second with 24.74 percent, and CALB was third with 6.68 percent.
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SAIC to make battery swap-enabled models based on CATL’s solution
SAIC will develop and sell battery swap-enabled models, while CATL will lead the development and iteration of battery blocks.
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Svolt unveils EV battery that can charge from 10% to 80% in less than 9 minutes
Svolt has unveiled its Fengxing Short Blade Battery with a 6C charging multiplier, which it said can charge from 10 percent to 80 percent in just 8.5 minutes.
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JAC EV unit to build models based on CATL’s skateboard chassis
JAC Yiwei will prioritize the adoption of CATL's CIIC-S platform for its passenger car program, which involves battery swap-enabled models, BEVs and EREVs.
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CATL signs deal with FAW Jiefang to drive electrification of commercial vehicles
CATL signed a deal with FAW Jiefang to drive electrification in commercial vehicle transportation sector.
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Global EV battery market share in Jan-Nov 2024: CATL 36.8%, BYD 17.1%
CATL and BYD continued to hold the top two positions as the world's largest battery makers in January-November, with the former's share unchanged from January-October and the latter increasing slightly.
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SAIC-GM-Wuling starts EV battery production in Indonesia
SAIC-GM-Wuling said it saw its first power battery produced in Indonesia roll off the line, becoming the first Chinese auto brand to realize power battery production in Indonesia.
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