BYD has signed an agreement with Spain's Grenergy to supply an additional 3.5 GWh of energy storage systems.
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Category: Battery
Gotion's Gemstone all-solid-state battery has been loaded into vehicles and tested on the road.
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CATL launched a "75#" standardized battery swap pack for heavy-duty trucks, following a similar move for passenger cars last December.
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CATL's issue size adjustment option will be exercised and it will raise about HK$35.66 billion ($4.57 billion) in total.
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BYD's share rose 1.83 percentage points in April from March, while CATL's fell 2.94 percentage points.
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CATL plans to use about 90 percent of the proceeds for its project in Hungary.
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The Tener Stack system is capable of charging around 150 EVs or powering an average home for six years.
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CATL and BYD's combined EV battery installations in January-March amounted to 121.9 GWh, accounting for 55.0 percent of the global market.
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CATL's joint venture in Indonesia plans to build a battery cell manufacturing plant with an annual capacity of 15 GWh.
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BYD's share increased by 0.90 percentage points in March from February, while CATL's fell by 2.07 percentage points.
For details, please visit CnEVPost.