Smart and Sustainable Electric Mobility
Volvo will recycle retired batteries from its vehicles, leaving them to suppliers to dismantle and extract the metal materials, and CATL will use the recycled materials to produce new batteries that will be used in the production of new Volvo vehicles.
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CATL reported revenue of RMB 79.77 billion in the first quarter, a new low since the second quarter of 2022.
The post CATL posts $1.45 billion net profit in Q1, 19% lower than Q4 appeared first on CnEVPost.
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CATL's share in March decreased by 10.29 percentage points from February, while BYD increased by 9.04 percentage points.
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CATL's energy storage battery business generated revenue of RMB 59.9 billion in 2023, contributing 14.94 percent of the total.
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CATL continued to be No. 1, while BYD dropped to No. 3 after being overtaken by LG Energy Solution for the first time since December 2022.
The post Global EV battery market share in Jan-Feb 2024: CATL 38.4%, BYD 13.1% appeared first on CnEVPost.
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Filed under: Green,Plants/Manufacturing,Ford,GM,Electric,Future Vehicles
Continue reading GM reportedly in talks with CATL to license LFP battery tech
GM reportedly in talks with CATL to license LFP battery tech originally appeared on Autoblog on Fri, 5 Apr 2024 08:46:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsFiled under: Green,Plants/Manufacturing,Ford,GM,Electric,Future Vehicles
Continue reading GM reportedly in talks with CATL to license LFP battery tech
GM reportedly in talks with CATL to license LFP battery tech originally appeared on Autoblog on Fri, 5 Apr 2024 08:46:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsAvatr, the Changan-Catl-Huawei joint venture launches revised Avatr 12 sedan at a lowered price
The post 2024 Avatr 12 launched in China 4,850 USD cheaper than before appeared first on CarNewsChina.com.
CATL is in talks with General Motors on a License Royalty Service model partnership, with plans to jointly build an LFP battery plant in North America, according to a local media report.
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CATL is reported to be negotiating with General Motors to build a lithium iron phosphate battery plant in North America, Agreement will be similar to the CATL deal with Ford.
The post CATL negotiating licensing LFP battery tech to GM and to build joint factory appeared first on CarNewsChina.com.
