Global EV battery market share in H1 2023: CATL 36.8%, BYD 15.7%
CATL's global share increased in January-June from January-May, while BYD's decreased slightly.
CATL cuts workers’ hours as more capacity sits idle, report says
CATL's battery capacity utilization rate reached 95 percent in 2021, but fell to 60.50 percent in the first half of this year.
CATL’s Q2 revenue up 12.5% from Q1 to $14 billion
CATL's revenue from abroad in the first half of the year amounted to RMB 67.17 billion, contributing 35.49 percent of its total revenue.
CATL reportedly asks suppliers to offer up to 10% discount on lithium carbonate prices
CATL asked cathode material suppliers in early July to offer a 5 percent to 10 percent discount in settling lithium carbonate prices,…
China Jun EV battery installations: CATL share expands to 45.13%, BYD falls to 27.38%
BYD topped the LFP battery market with a 39.61 percent share, but lower than its 45.30 percent share in May.
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.
Analysts expect 16% of heavy trucks sold in China to be electric by 2025
At present, 89 percent of the new energy heavy trucks are pure electric models, and half of them support battery swap.
CATL launches battery swap solution Qiji Energy for heavy-duty trucks
In the Qiji Energy solution, a single battery block has a capacity of 171 kWh and heavy-duty trucks can choose to use 1-3 blocks.
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.
CATL to supply CTP battery pack production line to Thailand’s Arun Plus
CATL and Arun Plus have entered into a CTP partnership agreement to provide the Thai company with a CTP production line and share CTP…