Smart and Sustainable Electric Mobility
Eve Energy plans to set up an energy storage company in Malaysia and acquire new land parcels to begin construction of an energy storage plant.
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The price war for power batteries is intensifying, with the world's two largest battery makers reportedly pushing battery costs down further.
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The joint venture will manufacture and sell products including battery modules and outdoor battery cabinets, as well as build energy storage system projects there.
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CATL and BYD both saw their share of the Chinese power battery market increase slightly in December.
The post China EV battery installations in Dec: CATL share at 44.48%, BYD at 22.95% appeared first on CnEVPost.
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CATL's share in the January-November period was higher than the 35.7 percent it achieved in the same period last year, and higher than the 36.9 percent in the January-October period.
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Located in the Silicon Valley area, the plant is Gotion's first US battery pack production line, targeting the Americas energy storage system market.
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The two models feature sodium-ion batteries from Farasis Energy and Hina Battery, marking a step closer to large-scale use of the new, lower-cost batteries.
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The battery pack, which is expected to be available in volume in the first quarter of 2024, will first be fitted to the Good Cat model of Great Wall Motor's Ora brand.
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Rept's latest market capitalization of HK$42.4 billion overtook CALB as the highest lithium battery maker listed in Hong Kong.
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CATL's share increased by 1.1 percentage points in November from October, while BYD's decreased by 3.5 percentage points.
The post China's EV battery installations in Nov: CATL's share rises to 43.91%, BYD drops to 22.73% appeared first on CnEVPost.
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