CATL

BYD and CATL have each signed MOUs with BHP to advance the mining giant's decarbonization efforts.

CATL and BYD's combined EV battery installations for January-May came in at 222.7 GWh, accounting for 55.5 percent of the global total.

The plant is expected to have a total battery capacity of 15 GWh, enough to power 250,000 to 300,000 vehicles.

CATL has already talked with carmakers about using battery swap technology in Europe, said its board secretary Jiang Li.

CATL's market share in May increased by 3.44 percentage points compared to April, while BYD's share decreased by 3.86 percentage points.

As of the end of May, Li Auto had delivered a cumulative total of 1,301,531 vehicles.

The 587 Ah high-capacity cell achieves an energy density of 434 Wh/L, a 10 percent improvement over the previous generation.

CATL and BYD's combined EV battery installations in January-April totaled 171 GWh, accounting for 55.4 percent of the global total.

CATL and Maersk subsidiary APM Terminals will accelerate the electrification of container handling equipment with high-performance batteries.