Tagged: Tesla

Global EV battery market share in Q1: CATL 35%, BYD 16.2%

CATL's battery is expected to maintain its No. 1 position as it is in high demand in passenger cars such as the Model 3, Model Y, SAIC Mulan, and the Chinese commercial vehicle market, according to SNE Research.

Global battery installations for electric vehicles (EVs) maintained strong growth in the first quarter, with China's CATL and BYD (OTCMKTS: BYDDY) continuing to hold the top two positions.

In the first quarter, global EV battery consumption totaled 133.0 GWh, up 38.6 percent from 95.9 GWh in the same period last year, according to a report released yesterday by South Korean market research firm SNE Research.

Among them, CATL installed 46.6 GWh of batteries in the first quarter, up 35.9 percent from 34.3 GWh in the same period last year.

The Chinese power battery giant continued to rank No. 1 in the world with a 35.0 percent share, down from its 35.8 percent share a year ago and up from its 33.9 percent share in the January-February period.

CATL's battery is expected to maintain its No. 1 position as it is in high demand in passenger cars such as the Tesla Model 3, Model Y, SAIC Mulan, Y, and the Chinese commercial vehicle market, SNE Research said.

BYD installed 21.5 GWh of power batteries in the first quarter, up 115.5 percent from 10.0 GWh in the same period last year.

The company ranked second with a 16.2 percent share in the first quarter, up from 10.4 percent a year earlier and down from 18.2 percent in January-February.

BYD is gaining popularity in the Chinese domestic market with its price competitiveness through a vertically integrated supply chain, including self-supply of batteries and vehicle manufacturing, SNE Research said.

BYD is known to enter the South Korean market soon following Europe, drawing attention to the change in its growth trend, SNE Research added in the report.

LG Energy Solution's power battery installation from January to March was 19.3 GWh, up 37.5 percent year-on-year.

The South Korean company ranked third in the world with a 14.5 percent share, down from 14.6 percent a year earlier.

Japan's Panasonic was fourth with a 9.0 percent share, South Korea's SK On was fifth with a 5.3 percent share and Samsung SDI was sixth with a 4.9 percent share.

China's CALB, Gotion High-tech, Eve Energy and Sunwoda ranked seventh, eighth, ninth and tenth respectively, with shares of 4.3 percent, 2.2 percent, 1.8 percent and 1.4 percent respectively in the first quarter.

Global EV battery market share in Jan-Feb: CATL 33.9%, BYD 18.2%

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Zeekr, chipmaker Onsemi sign SiC power device supply deal

SiC power devices offer higher powertrain efficiency, enabling improved performance, faster charging and longer driving range.

(Image credit: CnEVPost)

Zeekr, 's electric vehicle (EV) brand, announced today that it has signed a long-term supply agreement with US chipmaker Onsemi involving a partnership for silicon carbide (SiC) power devices.

Zeekr will use Onsemi's M3E 1200V EliteSiC MOSFET products to complement its expanding lineup of high-performance all-electric models, according to a press release.

SiC power devices offer higher powertrain efficiency, which enables improved performance, faster charging and longer driving range, according to Zeekr.

"With cutting-edge technologies such as advanced SiC, Zeekr will be able to offer electric vehicles with improved performance and even lower carbon emissions," said Andy An, CEO of the company.

Zeekr, which was officially launched as an independent company in March 2021, saw its 100,000th vehicle delivered yesterday, making it one of the fastest new car makers to reach the milestone in China.

Its first model, the Zeekr 001, was launched on April 15, 2021, and deliveries began in October 2021.

On November 1, 2022, Zeekr's second model, the Zeekr 009 MPV, was launched, and its deliveries began on January 15.

On April 12, Zeekr launched its third model, the Zeekr X, which it hopes will become the benchmark for luxury compact cars.

Zeekr delivered 71,941 vehicles in 2022 and aims to double deliveries to about 140,000 in 2023.

As EV makers build higher-performance models, higher voltage platforms require more advanced power devices.

SiC modules are an upgrade to IGBT (insulated gate bipolar transistor chip) modules, a third-generation power semiconductor with higher efficiency, higher temperature resistance and higher voltage characteristics.

The module will help upgrade the electrical architecture of EVs from 400V to 800V and enable vehicles to charge from 0 to 80 percent in 10 minutes.

EV makers including , BYD, NIO, and are already using SiC chips in their models.

Zeekr releases Europe strategy, 2 models to debut in Sweden and Netherlands in Q4

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Buick Electra E5 gets over 8,000 orders in less than 2 weeks after launch in China

Buick Electra E5's aggressive pricing in China has garnered a good initial reception.

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Buick's aggressive pricing for the Electra E5, its first electric model based on GM's Ultium platform, seems to be getting good initial results.

The Electra E5 has already received more than 8,000 orders, Buick announced in a post on its official WeChat account yesterday. This comes just 12 days after the model's official launch in China.

Buick launched the Electra E5 in China on April 13, offering five versions with starting prices of RMB 208,900 ($30,130), 222,900, 225,900, 239,900, and 278,900 respectively.

The Electra E5 is a mid-size five-seat SUV with a length, width and height of 4,892 mm, 1,905 mm and 1,655 mm, respectively, and a wheelbase of 2,954 mm.

The starting price of RMB 208,900 is very aggressive for an electric SUV of that size.

BYD's Tang EV starts at RMB 282,800 and measures 4,900 mm in length, 1,950 mm in width and 1,725 mm in height, with a wheelbase of 2,820 mm.

The Model Y, the best-selling electric SUV in China, measures 4,750 mm in length, 1,921 mm in width, 1,624 mm in height, and has a wheelbase of 2,890 mm currently starting at RMB 261,900.

Seventy-eight percent of consumers who ordered the Electra E5 chose versions priced at RMB 225,900 and RMB 239,900, Buick said.

The car is available in three range versions with CLTC ranges of 545 km, 603 km and 620 km.

Its highest-priced, with a range of 603 km, is the dual-motor 4WD version, while the other versions are single-motor versions.

The highest range version has a maximum motor power of 150 kW and uses a ternary lithium battery pack with a capacity of 80 kWh.

The Electra E5 four-wheel drive version has a front permanent magnet synchronous motor with a maximum power of 143 kW and a maximum torque of 305 Nm and a rear induction asynchronous motor with a maximum power of 68 kW and a maximum torque of 160 Nm. It is equipped with an 80-kWh ternary lithium battery pack.

Of the consumers who ordered the Electra E5 so far, 42 percent chose the model with a CLTC range of 620 km, according to Buick.

(1 $= RMB 6.9326)

Buick launches electric SUV Electra E5 in China with competitive pricing

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Insurance registrations for week ending Apr 23: Tesla 10,300, Li Auto 7,200, NIO 2,000

NIO sold 2,000 units last week, up from 700 the week before and 1,316 in the first week of April.

(NASDAQ: LI) maintained strong sales last week, and NIO (NYSE: NIO) saw a significant rebound, the latest data show.

With 7,200 units sold in the week ending April 23, Li Auto far outpaced other new car-making brands, the automaker said today on Weibo.

With deliveries of the Air versions of the Li L8 and Li L7, Li Auto's weekly sales hit another record high, it said.

Li Auto didn't specify what statistic that sales figure was based on, though apparently, it was insurance registrations. Previously, we had access to those numbers every Tuesday, and Li Auto's practice was to share some of them on Wednesdays.

The main third-party agencies and Weibo bloggers that provide data on auto insurance registrations in China stopped sharing the data this month, but Li Auto continues to share some of it.

This is the first time Li Auto has shared those numbers on a Tuesday, though they weren't taken down to single digits.

(NASDAQ: TSLA) sold 10,300 units last week, according to the table shared by Li Auto. That was down from 12,500 units the week before and up from 6,973 units in the first week of April.

NIO sold 2,000 units last week, up from 700 the week before and 1,316 in the first week of April.

(NYSE: XPEV) sold 1,900 units last week, up from 1,300 units and 904 units in the previous two weeks.

sold 2,100 units last week, up from 1,600 units the previous week and 1,476 units in the first week of April.

Among luxury brands, Mercedes-Benz, BMW and Audi had the highest sales last week with 15,800, 15,600 and 14,800 respectively, according to data shared by Li Auto.

Insurance registrations for week ending Apr 16: Tesla 12,500, Li Auto 6,300, NIO 700

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