BYD captured 25.1% of China’s power battery market in 2024 through vertical integration, aggressive R&D in blade-cell technology, and strategic partnerships with automakers. Its dominance stems from cost-efficient production, government support for EVs, and a diversified product portfolio spanning electric …
CATL secured 45.2% of China’s power battery market share in 2024 through technological innovation, strategic partnerships, and economies of scale. Its focus on lithium iron phosphate (LFP) batteries, vertical integration, and government-backed infrastructure investments solidified its leadership. CATL’s R&D spending …
BYD’s Blade Battery, a lithium iron phosphate (LFP) design, offers superior thermal stability, energy density (150 Wh/kg), and a 1.2 million-mile lifespan. Its cell-to-pack (CTP) architecture reduces production costs by 30% and increases pack …
CATL’s dominance stems from its aggressive R&D investments, vertical integration in raw materials, and partnerships with automakers like Tesla and BMW. The company’s focus on lithium iron phosphate (LFP) batteries, which offer …
BYD (Build Your Dreams) raised $5.6 billion through a strategic share sale, marking one of the largest equity offerings in the EV sector. The funds will accelerate its global expansion, enhance R&D in battery technology, and strengthen production capabilities. This …
Baidu, a leader in AI and autonomous driving, collaborates with CATL, the world’s top EV battery maker, to integrate cutting-edge self-driving software with high-efficiency battery systems. This partnership aims to enhance vehicle safety, energy efficiency, and operational range, positioning their …
BMW is constructing a €2 billion battery factory in Germany to secure control over EV supply chains, reduce reliance on Asian suppliers, and meet EU sustainability mandates. The facility will produce next-generation batteries with higher energy density, supporting BMW’s goal …
CATL’s sodium-ion batteries enhance performance through advanced cathode materials, improved energy density (160 Wh/kg), and superior low-temperature functionality. They offer cost efficiency by using abundant sodium instead of lithium, making them ideal for EVs, energy storage, and grid systems. These …
EVE Energy, a leading Chinese battery manufacturer, is establishing a production base in Thailand to capitalize on Southeast Asia’s booming EV market, leverage Thailand’s strategic location as an automotive hub, and bypass trade barriers. The project aligns with Thailand’s push …
BYD integrates sustainable battery materials like lithium iron phosphate (LFP) and recycled nickel-cobalt-manganese (NCM) to reduce environmental impact. Their closed-loop recycling system recovers 99% of battery materials, minimizing waste. BYD also sources ethically mined cobalt and partners with renewable energy …