Along with Chinas’ No. 1 and No. 2 electric vehicle startups XPeng and NIO, Tesla has been seen trying to reduce CATL battery use and or change its supply to another battery company. On the 15th, sources from various Chinese media such as CNEVPOST state that BYD, the second-largest battery manufacturer in China, recently received… Continue reading China’s XPeng · NIO and Tesla to Reduce CATL Batteries
Author: ET News Online News
China joins ‘4680 cylindrical battery.’ South Korea, China, Japan will be in a three-way war
It started a three-way war between South Korea, China and Japan as Chinese companies joined the cylindrical battery market led by South Korea and Japan. Cylindrical batteries were mainly used for power tools and home appliances, but as Tesla unveiled a strategy to increase the size of cylindrical batteries for electric vehicles, other finished electric… Continue reading China joins ‘4680 cylindrical battery.’ South Korea, China, Japan will be in a three-way war
Tesla Model Y to be the First to Install ‘4680 Battery’ with Panasonic Being the First to Produce
Tesla is said to install ‘4680 cylindrical battery’ for the first time in its electric vehicle ‘Model Y’. The 4680 battery is twice as large as the existing standard 2170 cylindrical electric power supply. If the energy density and productivity of the 4680 batteries are verified, it is expected that it will also affect the… Continue reading Tesla Model Y to be the First to Install ‘4680 Battery’ with Panasonic Being the First to Produce
Last year, China CALT in 1st place with 32.6% market share and LG Energy Solution in 2nd place with 20.3% in the EV battery market.
The market share of the three domestic battery companies decreased slightly due to the rise of Chinese companies in the global electric vehicle battery market last year. <Tesla Model 3, which ranked first in global electric vehicle sales last year.> According to SNE Research on the 7th, a market research company, the quantity of electric… Continue reading Last year, China CALT in 1st place with 32.6% market share and LG Energy Solution in 2nd place with 20.3% in the EV battery market.
KRW 180 million Mercedes-Benz electric vehicle EQS experiencing failures with fast charging facilities
Although it has been over two months since the launch of Mercedes-Benz’s top-of-the-line electric vehicle ‘EQS’, it was confirmed that the car was not compatible with the domestic charging infrastructure.EQS started shipping in Korea last month, and about 200 units have been delivered to customers. However, it cannot be charged at most open fast chargers… Continue reading KRW 180 million Mercedes-Benz electric vehicle EQS experiencing failures with fast charging facilities
Hyundai Motor and Kia accelerate their targeting on Southeast Asia… Increase sales objectives by 27% this year
Hyundai Motor and Kia have tightened their sales strategy in the Southeast Asian market this year. <Hyundai IONIQ 5> Among the nine global regions, the Asia-Pacific region has the highest growth in sales objectives by region announced last week along with business results by Hyundai Motor and Kia. In the Asia-Pacific region this year, Hyundai… Continue reading Hyundai Motor and Kia accelerate their targeting on Southeast Asia… Increase sales objectives by 27% this year
CATL, the world’s leading battery manufacturer, forecasts KRW 3.1 trillion in operating profits
China’s CATL, the world’s leading battery manufacturer, recorded their highest performance last year thanks to an increase in global demand for electric vehicles. <CATL R&D Center located in the Fujian Province, China.> CATL predicted in its preliminary earnings report, recently released through the Shenzhen Exchange, that its net profit will rise 150-195% year-on-year to 14… Continue reading CATL, the world’s leading battery manufacturer, forecasts KRW 3.1 trillion in operating profits
LG Ensol will produce batteries for 2.8 million electric vehicles yearly in the US
As LG Energy Solution and General Motors (GM) of the United States confirmed the construction of the third electric vehicle battery joint plant, and they have secured an annual 160GWh joint plant in the United States alone. With global automakers declaring the internalization of batteries one after another, LG Energy Solutionhas secured a solid future… Continue reading LG Ensol will produce batteries for 2.8 million electric vehicles yearly in the US
Samsung SDI, first surplus in 12 years… Reaching ‘tipping point’ of the battery
Last year’s Youngong profit expected to be 1.2 trillion wonLG Ensol is also likely to achieve 900 billion won Samsung SDI’s electric vehicle battery business recorded an annual surplus for the first time in 12 years. LG Energy Solution also recorded an operating profit of close to KRW 1 trillion last year, following their first… Continue reading Samsung SDI, first surplus in 12 years… Reaching ‘tipping point’ of the battery
Samsung SDI, the next-generation ‘cylindrical battery’ challenge… Targeting the finished car market
New high-capacity, high-density… Manufacturing cost↓Prospects for plant expansion in Hungary and MalaysiaExpectations for Tesla and Lucid Motors supply Samsung SDI has started pilot production of next-generation cylindrical batteries for electric vehicles. It is expected to expand overseas factories as well once the specifications are confirmed. It is expected to gain new customers by increasing energy… Continue reading Samsung SDI, the next-generation ‘cylindrical battery’ challenge… Targeting the finished car market