CATL received approval from the CSRC to proceed with its listing on the main board of the Hong Kong Stock Exchange.
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Category: Battery
CATL will increase its bet on Mirattery, in addition to advancing its investment in Nio Power, according to local media.
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Sunwoda's first plant in Thailand, located in Chonburi Province, will produce lithium-ion battery cells for EV makers.
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Changan aims to validate solid-state batteries in vehicles by 2026, and then move forward with mass production of all-solid-state batteries by 2027.
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BYD's share grew in February as NEV sales rebounded, while CATL saw a small decline.
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Farasis said its 6C ultra-fast charging technology allows LFP batteries to charge from 10 percent to 80 percent in 8.55 minutes.
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CATL and BYD's combined EV battery installations in January amounted to 35.9 GWh, accounting for 55.8 percent of the global total of 64.3 GWh.
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Voyah's third-generation solid-state batteries will maintain the energy density of 300 Wh/kg, but increase the charging multiplier to 3 to 5 C.
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The $2.1 billion plant is CALB's first overseas facility and is expected to start production in 2027.
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CALB expects its net income to rise about 80 percent to 100 percent in 2024 from 2023 on the back of growth in business scale and lower costs.
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