SAIC-GM-Wuling partners with CATL to adopt the battery swap solution for commercial vehicles. They will adopt Choco-SEB batteries.
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In October, China's power battery installations amounted to 59.2 GWh, up 51 percent year-on-year and up 8.6 percent from September.
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CATL has recently entered the trial production stage of 20 Ah samples, meaning the battery solution is initially finalized and it is starting to enter the production technology exploration stage, according to local media.
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CATL and BYD continued to hold the top two positions as the world's largest battery makers in the January-September period, with the former seeing a slight decrease in share and the latter remaining unchanged.
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Avatr 07 SUV and 2025 model year Avatr 12 liftback with optional EREV powertrain started deliveries in China to amplify brand’s slow sales.
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The CATL-backed Avatr 12 EREV has up to 1,155 km of mixed range and a starting price of 269,900 yuan (37,900 USD).
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With just 10 minutes of charging, you can achieve a range of over 280 km, thanks to its 4C supercharging capabilities, CATL claims.
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CATL has launched the Freevoy battery for hybrid vehicles, which offers a range of more than 400 kilometers and supports 4 C fast charging, allowing hybrid vehicles to deliver a BEV-like experience.
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CATL reported net income of RMB 13.14 billion in the third quarter, up 6.32 percent from the second quarter. It had a record gross margin of 31.17 percent in the third quarter.
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CATL and BYD both saw their share of the Chinese EV battery market decrease slightly in September, as smaller players, including Gotion High-tech, gained share.
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