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Wednesday 19 March 2025
CATL joins forces with NIO to supercharge China's EV battery-swapping network
CATL, the world's largest electric vehicle (EV) battery manufacturer, has agreed to invest up to CNY2.5 billion (approx. US$345.5 million) in collaboration with NIO to expand China's...
Wednesday 19 March 2025
Sunwoda invests US$1 billion to build Thailand's first EV battery plant
Thailand has approved a more than US$1 billion investment by Sunwoda Electronic to build an electric vehicle (EV) battery plant in the country, marking Sunwoda as the first EV battery...
Monday 17 March 2025
Europe's EV battery dreams shattered: Northvolt's collapse amid rising Chinese competition
Northvolt, once touted as Europe's best bet to challenge Asia's grip on the EV battery market, has filed for bankruptcy in Sweden after failing to secure fresh funding. A court-appointed...
Monday 24 February 2025
Taiwan ternary lithium battery makers navigate geopolitical pressures amid EV market slowdown
The global electric vehicle (EV) market is experiencing a slowdown, with the projected annual growth rate for 2025 falling behind that of 2024. While market performance varies regionally,...
Friday 13 December 2024
Stellantis, CATL partner to build EUR4 bn EV battery plant in Spain
CATL and Stellantis have entered a joint venture to establish a EUR4.038 billion (approx. US$4.25 billion) battery plant in Zaragoza, Spain, with each party holding a 50% stake. As...
Thursday 12 December 2024
CATL leads the global battery race: South Korea's top 3 makers struggle to keep up
Global EV battery demand outside China increased by 12.7% from January to October 2024. South Korea's top battery makers—LG Energy Solution (LGES), SK On, and Samsung SDI—recorded...
Thursday 14 November 2024
PMIC firm Silergy expects 15% of revenue to come from automotive in 2025
Power management IC (PMIC) specialist Silergy has seen growth in the third quarter of 2024 compared to last year, which chairman Wei Chen attributes to the end of inventory adjustments...
Thursday 17 October 2024
LGES reportedly wins multi-billion dollar Mercedes-Benz deal to supply 4680 EV batteries starting 2028
LG Energy Solution (LGES) has reportedly secured a major contract to supply Mercedes-Benz with next-generation 4680 cylindrical batteries for electric vehicles (EVs), starting in...
Friday 4 October 2024
Hyundai Motor launches ambitious battery production strategy
Hyundai Motor has unveiled its battery self-production plan, marking a significant step into in-house electric vehicle (EV) battery manufacturing. With several automakers, including...
Wednesday 2 October 2024
Can Taiwan firms survive next to EV battery giants?
Lithium-ion (Li-ion) batteries for use in electric vehicles (EV) are regarded as the second most important strategic industry in many countries, after semiconductors. Manufacturers...
Thursday 11 July 2024
SK On partners with Nissan to fuel EV battery supply chain
South Korea's SK On is gearing up to power Japan's Nissan in a groundbreaking Electric Vehicle (EV) battery supply collaboration. This strategic alliance aims to bolster Nissan's...
Friday 21 June 2024
South Korean battery makers see market share decline amid Chinese dominance
Chinese battery giants CATL and BYD continue to assert dominance in the global market.
Wednesday 12 June 2024
Chinese battery makers unfazed by US threats of sanctions
Chinese battery makers CATL and Gotion High-Tech have dismissed US congressmen's accusations that forced labor is involved in their supply chains.
Thursday 6 June 2024
EV battery swapping gaining momentum in China
The adoption of battery swapping for Electric Vehicles (EVs) is creating new business opportunities in China, according to industry sources.
Tuesday 28 May 2024
Chinese EV battery makers to accelerate production relocation
Contemporary Amperex Technology (CATL) and other Chinese Electric Vehicle (EV) battery providers are looking to accelerate production relocations in response to new tariffs imposed...