Battery News
Gotion's battery project in Morocco gets $280 million investment from local firm CDG
CDG plans to invest 300 million euros ($280 million) in the first phase of Gotion's Moroccan project and support its operations.
Ehang completes 1st ever flight test of eVTOL powered by solid-state batteries
Ehang aims to achieve certification and mass production use of solid-state batteries in the EH216-S eVTOL by the end of 2025.
CATL would build plant in US if Trump clears path, chairman says
CATL would consider building a plant in the US if Trump opens the door for Chinese investment in the US EV supply chain, the battery maker's chairman Robin Zeng said.
China EV battery installations in Oct: CATL share at 42.78%, BYD 26.73%
In October, China's power battery installations amounted to 59.2 GWh, up 51 percent year-on-year and up 8.6 percent from September.
CATL ups bet on all-solid-state batteries, begins sample validation, report says
CATL has recently entered the trial production stage of 20 Ah samples, meaning the battery solution is initially finalized and it is starting to enter the production technology exploration stage, according to local media.
Global EV battery market share in Jan-Sept 2024: CATL 36.7%, BYD 16.4%
CATL and BYD continued to hold the top two positions as the world's largest battery makers in the January-September period, with the former seeing a slight decrease in share and the latter remaining unchanged.
Chinese sodium battery maker Zoolnasm says it becomes supplier to one global auto parts firm
The program will last for four years, with a total lifecycle purchase value of about RMB 200 million ($28.1 million).
Yangwang U7 sedan said to be powered by BYD's 2nd-gen blade battery
The Yangwang U7 will be powered by BYD's second-generation blade battery, which will have a charging multiplier of more than 5.5 C and a discharging multiplier of more than 14 C, according to an auto blogger.
Chinese battery maker Svolt confirms it will end operations in Europe
Svolt said it had to make the decision after the development of the European EV market failed to meet the expectations of all stakeholders.
Svolt Energy reportedly suspends 2 battery factory projects in Germany
That's because Svolt's operations in its home market in China are already struggling, and it can't afford to handle overseas factories that require a lot of capital, according to Caixin.