CATL and BYD's combined EV battery installations in January-April totaled 171 GWh, accounting for 55.4 percent of the global total.
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Category: Battery
Zoolnasm recently completed its Series A2 financing round, bringing the total Series A financing amount to nearly RMB 300 million ($42 million).
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The energy storage station uses the latest high-capacity sodium-ion batteries with a top response speed six times faster than other existing sodium-ion batteries.
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BYD has signed an agreement with Spain's Grenergy to supply an additional 3.5 GWh of energy storage systems.
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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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