Gotion becomes VW’s designated battery supplier for markets outside of China
The purchase order involves LFP Unified Cell products with the same design style and specifications as those for the Chinese market for…
Global EV battery market share in Q1: CATL 35%, BYD 16.2%
CATL's battery is expected to maintain its No. 1 position as it is in high demand in passenger cars such as the Tesla Model 3, Model Y, SAIC…
Gotion posts 135% year-on-year profit growth in Q1, site for US battery plant nears finalization
Gotion is in the process of exploring a battery plant in the US, and the site is close to being decided, a company executive said.
China EV battery installations in Mar: CATL overtakes BYD in LFP market for 1st time this year
CATL's share of the LFP market in March was 39.47 percent, higher than 38.88 percent for BYD, which was No. 1 in the LFP market in both…
Global EV battery market share in Jan-Feb: CATL 33.9%, BYD 18.2%
CATL's share in January-February was the same as in January, while BYD saw its share rise.
Gotion reaches deal with Edison Power to tap Japan’s energy storage market
Gotion and Edison Power have a planned sales target of 1 GWh in the first year of the partnership, rising to 2 GWh per year from the second…
Gotion’s controlling shareholder to increase stake by up to RMB 300 million
The move is based on Gotion's controlling shareholder's recognition of the company's value and confidence in its continued rapid growth,…
China Feb EV battery installations: Total volume up 36% from Jan, CATL share down slightly
BYD's share in February was essentially unchanged from January, while CALB's share grew significantly.
CATL’s share in global EV battery market slips in Jan, BYD rises
CATL's battery installations rose 6.5 percent year-on-year in January, below the industry's growth rate of 18.1 percent.
China EV battery installations in Jan: Total volume down 55% from Dec, BYD overtakes CATL again in LFP market
BYD overtook CATL in LFP market share again after six months, the last time being in July 2022.