World-leading battery maker CATL recently took over Sinuowei Mining, a China-based lithium mining company under restructuring. The buyout is expected to help CATL gain influence in...
Xiaomi plans to begin mass-producing its EVs in the first half of next year, according to its founder, chairman and CEO, Lei Jun. It has been two years since the China-based tech...
China-based carmakers and solar cell suppliers are aggressively foraying into the silicone carbide (SiC) segment in line with the semiconductor self-sufficiency goal set by the government,...
China-based EV company Nio finished 2022 with growing revenue and more loss from operations. It said the increased loss was largely because of the lower order forecast for existing...
The electric vehicle (EV) battery supply chain is bracing for a potential price war as a result of Contemporary Amperex Technology (CATL) reportedly offering lithium cost rebates...
South Korea-based research firm SNE Research recently released an analysis of non-Chinese global EV battery usage in 2022. LG Energy Solution topped the list again with a market share...
CATL reportedly offers a few customers a lithium cost rebate program to solidify their loyalty. However, Tesla, the largest customer of CATL, is not on the list.
Senate Intelligence Chairman Mark Warner criticized Beijing's scrutiny of Ford Motor Co.'s partnership with a Chinese electric-vehicle battery giant as ironic and hypocritical considering...
Ford has announced plans to invest US$3.5 billion in the construction of an automotive LFP battery plant in Marshall, Michigan, as well as a collaboration with China's Contemporary...
Global EV battery usage increased by 71.8% from 2021 to 2022, according to South Korea-based SNE Research. BYD reached the same battery installation level as LG Energy Solution last...
China-based BYD has surpassed South Korea-based LG Energy Solution (LGES) to become the globally second-largest maker of power batteries used in electric vehicles (EVs) and PHEVs...
China-based battery giant CATL signed a comprehensive strategic agreement with EV maker Nio on January 17. The pair aims to work together on new brands and overseas expansion with...
Driven by growing market demand for SiC components for EV applications, China's SIC semiconductor specialist Inventchip Technology has recently completed its Pre-B round of financing,...
The year 2022 did not go easy on the automotive industry. Most companies saw their market capitalization shrink due to worldwide inflation, chip shortages and other supply chain disruptions...
While China-based automaker Cheri Automobile has won investment from Contemporary Amperex Technology (CATL), the largest China-based lithium battery maker, for a 3.73% stake, Cheri's...
