Nio president previously mentioned that its 150-kWh semi-solid-state battery pack costs about the same as an ET5, which starts at RMB 298,000.
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Nio president previously mentioned that its 150-kWh semi-solid-state battery pack costs about the same as an ET5, which starts at RMB 298,000.
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The joint venture will produce square LFP batteries for selected North American commercial vehicle applications with an annual capacity of about 21 GWh.
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The energy storage station can store 100,000 kWh of electricity on a single charge, which can meet the needs of around 12,000 households for a day.
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Geely's Aegis Short Blade Battery will first be used in the Galaxy E5 all-electric SUV.
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Sunwoda will supply batteries for Xiaomi's third model, codenamed "Kunlun," as well as Li Auto's Li M7 and Li M8, according to local media.
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CATL's share of China's EV battery market declined further in May, while BYD continued to increase, as the latter's NEV sales grew further.
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CATL plans to launch a second-generation Qilin Battery with a 6C charging multiplier in the second half of 2024, and BYD's second-generation Blade Battery could also be launched in the second half of the year, with a 6C battery in the works.
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The Moroccan government signed an investment agreement with Gotion for the gigafactory with initial battery capacity of 20 GWh.
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CATL continued to be No. 1, but with a slight decrease in share from Jan-March. BYD remained in second place and increased its share.
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BYD's battery making unit FinDreams will be Tesla's new supplier of energy storage cells outside of CATL, securing more than 20 percent of orders for the Megapack product line, according to local media.
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