CATL continues to be the world's largest battery maker in Jan-May, but share continued to decrease, while BYD continues to increase its share.
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CATL continues to be the world's largest battery maker in Jan-May, but share continued to decrease, while BYD continues to increase its share.
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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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