Robin Zeng Yuqun, chairman of CATL, the world's largest EV battery maker, stated that solid-state battery technology is only at "level four" and mass production is not expected until 2030, questioning its immediate commercial viability despite widespread hype.
An ultra-fast EV charging station was completed in Abu Dhabi in six weeks, showcasing a synergy between UAE efficiency and Chinese production speed. The chairman expressed satisfaction with the development.
An ultra-fast EV charging station was completed in Abu Dhabi in just six weeks, showcasing a synergy between UAE efficiency and Chinese production speed. The chairman expressed amazement at the development.
Profit trajectories between automotive assemblers and electric vehicle (EV) battery producers in China are set to diverge further due to lacklustre car sales and buoyant demand for energy-storage systems. Leading players, including China’s EV battery king Contemporary Amperex Technology Ltd (CATL), would continue to attract buying interest in their shares, spurred by improved profitability, according to analysts. They added that flat vehicle prices, coupled with a dip in new car sales, had...
Chinese battery makers including CALB, EVE Energy and Sunwoda unveiled ultra-fast charging technology at the Beijing auto show, enabling 10-70% charges in under 10 minutes. Nio demonstrated a 3-minute battery swap, while BYD and CATL announced similar capabilities, intensifying competition to match petrol car refueling times.
Contemporary Amperex Technology Ltd (CATL) has taken a leap forward in commercialising sodium-ion batteries, signing a large supply contract with an energy-storage system (ESS) provider amid high demand for power infrastructure after the global oil shock. The world’s largest electric vehicle (EV) and ESS battery maker announced on Monday that it would deliver 60 gigawatt-hours (GWh) of sodium-ion batteries to Beijing HyperStrong Technology over three years in a landmark deal for the new battery...
Industry leaders in China are urging the government to tighten project approvals to curb overcapacity, which they claim is squeezing profits and threatening the stability of the battery and solar sectors despite rising global demand.
