Gotion's net profit for the first half of the year reached RMB 209 million, up 223.75 percent year-on-year.
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Category: Battery News
In the LFP battery market, BYD topped the list with a 43.18 percent share in July, up from 39.61 percent in June, with an installed base of 9.35 GWh.
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A lesser-known company, Jiangxi Judian, began construction on August 8 on a solid-state lithium battery project with an annual capacity of up to 10 GWh.
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CATL's global share increased in January-June from January-May, while BYD's decreased slightly.
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Eve Energy will set up a joint venture in Thailand under which it will build a battery production base with a capacity of at least 6 GWh.
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The investment is to further improve the company's business layout, serve international customers and expand overseas business, Sunwoda said.
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The customer is a globally recognized automaker headquartered in Germany with a portfolio of well-known car brands, Transimage said.
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China recycled 115,000 tons of used power batteries in January-May, more than the total for the whole of last year.
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In June, Xpeng loaded more than 4,000 vehicles with CALB battery packs, or 70 percent of its production for the month.
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Sunwoda's power battery installations in China amounted to 0.73 GWh in June, placing it at No. 6 with a 2.21 percent share.
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