As a comparison, CATL and BYD's shares in 2022 were 36.2 percent and 13.9 percent, respectively.
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Category: CATL
CATL's share of China's EV battery market increased by 4.93 percentage points in January from December, while BYD's share decreased by 4.37 percentage points.
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The facelifted Zeekr 001 has two battery variants, 580-kW peak power, and up to 750 km range. To launch in China shortly.
The post New Zeekr 001 revealed with 95-kWh LFP battery for 722 km range appeared first on CarNewsChina.com.
The earnings preview implies CATL returned to net profit growth in the fourth quarter, after seeing a sequential decline in the third quarter.
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The JV will cater to the ride-hailing market and provide battery swap services for NEVs, CATL said.
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According to the report, CATL will supply batteries to Porsche's latest EV, Macan Electric.
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Porsche has begun accepting reservations for the Macan EV in China, with the official launch set for April 25, the first day of the Beijing auto show.
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The price war for power batteries is intensifying, with the world's two largest battery makers reportedly pushing battery costs down further.
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CATL and BYD both saw their share of the Chinese power battery market increase slightly in December.
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CATL's share in the January-November period was higher than the 35.7 percent it achieved in the same period last year, and higher than the 36.9 percent in the January-October period.
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