Svolt Energy begins construction of battery pack assembly facility in Thailand
The plant will have two production lines for assembling battery modules and packs, with construction expected to be completed by the end of 2023.
Global EV battery market share in Jan-May: CATL 36.3%, BYD 16.1%
CATL's battery installed base grew 59.6 percent year-on-year in January-May, while BYD's grew 107.8 percent year-on-year, according to SNE Research.
BYD to build sodium-ion battery production base in Xuzhou
BYD will set up a joint venture with a local conglomerate to build a sodium-ion battery production base in Xuzhou, Jiangsu province.
Eve Energy to invest up to $1.4 billion in Hungary battery plant
Eve Energy will build a project for large cylindrical batteries for passenger cars in Hungary over a four-year construction period.
China EV battery installations in May: BYD extends lead in LFP market
CATL remains the largest power battery maker in China, but BYD's lead in the LFP market expanded in May.
Power battery industry faces serious overcapacity in China, says Changan chairman
China will need 1,000-1,200 GWh of power battery capacity by 2025, but the industry is already planning for 4,800 GWh of capacity, according…
GAC-backed Greater Bay unveils Phoenix battery that claims to be able to charge from 0 to 80% in 6 minutes
The Phoenix battery will be in mass production next year and is expected to be used in production vehicles by the end of next year, Greater Bay said.
Svolt Energy plans to build battery plant in Thailand, report says
Svolt Energy is planning to invest $30 million to build a battery module pack plant in Thailand, according to local media.
Global EV battery market share in Jan-April: CATL 35.9%, BYD 16.1%
In January-April, CALB's power battery installations of 8.4 GWh surpassed Samsung SDI's 7.5 GWh, according to SNE Research.
Battery cell prices in China fall 9% MoM in May, report says
Strong increases in lithium carbonate prices will not be immediately reflected in lithium battery prices, and prices of other raw materials…