Rept's plant in Indonesia, which could start operations as early as next year, will take advantage of its parent company Tsingshan's raw materials and infrastructure.
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A total of 1 GWh of energy storage battery products are expected to be introduced into Japan over the next 2 years, Gotion said.
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CATL's share of China's EV battery market increased by 5.75 percentage points in February, while BYD's share decreased by 0.82 percentage points.
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Rept Battero's Hong Kong-traded shares were included in the Mainland-Hong Kong stock connect mechanism, effective March 4.
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CATL's battery installations in January were 20.5 GWh, up 88.1 percent year-on-year, while BYD's were 7.4 GWh, up 34.4 percent year-on-year.
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Svolt Energy expects its Thailand plant to supply more than 20,000 battery packs to local customers this year.
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FinDreams said it will offer safer, more reliable batteries for electric two-wheelers, after a recent deadly accident revived concerns about the safety of electric two-wheeler batteries.
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"Against the backdrop of increasingly severe global climate change, we must take proactive measures to reduce carbon emissions," FinDreams said.
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Gotion plans to set up the institute with Hong Kong-listed Envision to conduct research on battery energy storage system technologies and business models.
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As a comparison, CATL and BYD's shares in 2022 were 36.2 percent and 13.9 percent, respectively.
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