CATL reported revenue of RMB 79.77 billion in the first quarter, a new low since the second quarter of 2022.
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Category: CATL
CATL's share in March decreased by 10.29 percentage points from February, while BYD increased by 9.04 percentage points.
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CATL's energy storage battery business generated revenue of RMB 59.9 billion in 2023, contributing 14.94 percent of the total.
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CATL continued to be No. 1, while BYD dropped to No. 3 after being overtaken by LG Energy Solution for the first time since December 2022.
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Filed under: Green,Plants/Manufacturing,Ford,GM,Electric,Future Vehicles
Continue reading GM reportedly in talks with CATL to license LFP battery tech
GM reportedly in talks with CATL to license LFP battery tech originally appeared on Autoblog on Fri, 5 Apr 2024 08:46:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsAvatr, the Changan-Catl-Huawei joint venture launches revised Avatr 12 sedan at a lowered price
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CATL is in talks with General Motors on a License Royalty Service model partnership, with plans to jointly build an LFP battery plant in North America, according to a local media report.
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CATL is reported to be negotiating with General Motors to build a lithium iron phosphate battery plant in North America, Agreement will be similar to the CATL deal with Ford.
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The long-life battery will have 0 degradation in the first 1,000 cycles, Yutong said.
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In order to get automakers to accept the "CATL Inside" logo on their vehicles, CATL will offer some concessions like Intel did with its "Intel inside" model, according to local media.
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