CATL's share of China's EV battery market declined further in May, while BYD continued to increase, as the latter's NEV sales grew further.
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The Moroccan government signed an investment agreement with Gotion for the gigafactory with initial battery capacity of 20 GWh.
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CATL continued to be No. 1, but with a slight decrease in share from Jan-March. BYD remained in second place and increased its share.
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Gotion has signed a new cooperation agreement to work with two partners on energy storage and new material development in Spain.
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Gotion has launched the G-Current, which supports ultra-fast charging, the Stellary Battery, a large cylindrical battery, and announced the Gemstone, an all-solid-state battery.
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CATL's share in April decreased by 0.22 percentage points from March, while BYD's increased by 1.58 percentage points.
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CATL continues to be No. 1, but with a slightly reduced share from Jan-February. BYD is back in second place, overtaking LG Energy Solution.
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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 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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Gotion's chairman said the battery maker will set up a project team to communicate with Nio on technologies, and expects to see substantial results from their cooperation soon.
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