CATL

China aims to install over 180 million kW of new energy storage capacity by 2027, driving about RMB 250 billion ($35 billion) in direct project investment.

CATL's August share increased by 0.95 percentage points compared to July, while BYD's share decreased by 0.34 percentage points.

Following the production halt at the CATL lithium mine on August 10, China's lithium carbonate prices surged by 24 percent at one point.

The facility is CATL's second European plant besides its German operation, with an annual capacity target of 100 GWh.

The Shenxing Pro is the first product featuring CATL's latest NP 3.0 technology, targeting Europe's EV market with high safety, ultra-fast charging, and long range.

CATL and BYD collectively installed 326.4 GWh of EV batteries in January-July 2025, accounting for 55.3 percent of the global total.

CATL is still in talks with government agencies to renew the permit but is prepared to extend the suspension for several months, Bloomberg reported.

GM plans to import batteries from CATL to power its second-generation Chevrolet Bolt EV, despite facing high tariffs.

CATL and Car Inc will launch a pilot program this year and gradually deploy over 100,000 battery-swappable vehicles.