The two models feature sodium-ion batteries from Farasis Energy and Hina Battery, marking a step closer to large-scale use of the new, lower-cost batteries.
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The battery pack, which is expected to be available in volume in the first quarter of 2024, will first be fitted to the Good Cat model of Great Wall Motor's Ora brand.
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Rept's latest market capitalization of HK$42.4 billion overtook CALB as the highest lithium battery maker listed in Hong Kong.
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CATL's share increased by 1.1 percentage points in November from October, while BYD's decreased by 3.5 percentage points.
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Gotion's joint venture plant in Thailand has a planned capacity of 2 GWh of battery packs per year for the first phase, which will be expanded to 8 GWh in the future.
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Gotion's joint venture plant in Thailand has a planned capacity of 2 GWh of battery packs per year for the first phase, which will be expanded to 8 GWh in the future.
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CATL's share continues to rank first in the world and remains the only global battery supplier with a market share of more than 30 percent.
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As demand in the power and energy storage battery markets cools, cell makers have adjusted their capacity utilization rates downward to reduce inventory.
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The planned annual capacity of Zoolnasm's manufacturing facility includes 20 GWh of sodium-ion battery cells and 10 GWh of sodium-ion battery systems.
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Gotion will support Pod Point with energy storage systems and battery cells based on its lithium iron phosphate battery product development, design and manufacturing capabilities.
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