VW-backed battery maker Gotion sees Q2 profit up 76.52% from Q1
Gotion's net profit for the first half of the year reached RMB 209 million, up 223.75 percent year-on-year.
China EV battery installations in Jul: CATL share falls to 41.79%, BYD rises to 29.01%
In the LFP battery market, BYD topped the list with a 43.18 percent share in July, up from 39.61 percent in June, with an installed base of 9.35 GWh.
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.
Gotion expects H1 profit to rise as much as 209.69% to $28 million
Gotion's earnings preview implies it will post a net profit of RMB 7,439 to RMB 124.4 million in the second quarter, a year-on-year increase…
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.
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.
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.
Gotion unveils new battery based on LMFP chemistry with range up to 1,000 km
The pack is based on Gotion's new L600 LMFP cells with an energy density of 240 Wh/kg and will be in mass production in 2024.
China EV battery installations in Apr: BYD regains top spot over CATL in LFP market
BYD returned to the top spot in the LFP battery market with a 42.68 percent share in April, overtaking CATL's 33.65 percent.