Smart and Sustainable Electric Mobility
The world's strictest EV battery safety standards requiring batteries to prevent fire and explosion even during thermal runaway
The post China bans EV battery fires and explosions with groundbreaking safety standard starting July 2026 appeared first on CarNewsChina.com.
CATL reported net income of RMB 13.96 billion ($1.9 billion) in the first quarter, up 32.85 percent year-on-year, albeit down 5.30 percent from the fourth quarter of 2024.
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BYD's share increased by 0.90 percentage points in March from February, while CATL's fell by 2.07 percentage points.
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CATL and BYD's combined EV battery installed capacity in January-February was 71.5 GWh, accounting for 55.1 percent of the global total.
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Reports suggest battery giant CATL is pursuing a controlling stake in Nio‘s battery-swapping division
The post CATL in talks to acquire Nio Power’s battery-swapping network appeared first on CarNewsChina.com.
CATL made the offer after announcing an investment of up to RMB 2.5 billion in Nio Power in March, according to Reuters.
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CATL and Sinopec will work together to build energy replenishment networks for passenger cars and heavy-duty trucks.
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The Avatr 06 sedan from CATL, Changan, and Huawei started presales in China. Its starting price is 215,900 yuan (29,750 USD).
The post CATL-backed Avatr 06 sedan started presales for 29,750 USD in China appeared first on CarNewsChina.com.
CATL received approval from the CSRC to proceed with its listing on the main board of the Hong Kong Stock Exchange.
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CATL will increase its bet on Mirattery, in addition to advancing its investment in Nio Power, according to local media.
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