Sunwoda’s first factory in Thailand, located in Chonburi Province, will produce lithium-ion battery cells for EV makers. Several Chinese battery makers have already localized their production in Thailand, but all of them have built packs based on battery cells. (Sunwoda batteries on display at the April 2024 Beijing auto show. Image credit: CnEVPost) Sunwoda has…
CATL and BYD‘s combined EV battery installations in January amounted to 35.9 GWh, or 55.8 percent of the 64.3 GWh worldwide. The top 10 also included China’s CALB, Gotion High-tech, Svolt Energy, and Eve Energy. CATL (SHE: 300750) and BYD (HKG: 1211, OTCMKTS: BYDDY) remained the world’s 2 largest makers of electric vehicle (EV) batteries…
The U.S. used electric vehicle market is experiencing an evolution driven by the increasing availability of vehicles, shifts in consumer behavior, and the ongoing maturing of the transportation electrification ecosystem. Following a steady climb in late 2024, the volume of used EVs has already reached an all-time high. That’s the view from Recurrent Auto’s Q1…
The Hong Kong government must quickly come up with a new business model for the city’s two franchised bus companies, which face nearly HK$6 billion (US$771 million) in investments to overhaul their fleets to reach zero-emissions targets, according to a think tank. The clock is ticking because the companies have less than eight years to…
FRANKFORT, Ky. (AP) — A battery manufacturer has selected Kentucky for a nearly $712 million project to produce industrial-sized batteries used to store and distribute energy, a process seen as increasingly important to help secure a reliable electric grid for the country, officials said Friday. The Shelbyville Battery Manufacturing plant will employ 1,572 workers once…
HONG KONG — A leading Chinese producer of electric vehicle batteries is preparing to shut its European operations next January, Nikkei Asia has learned, in the latest example of a Chinese company scaling back activities overseas amid an escalating trade spat and falling EV sales in Europe. SVOLT Energy Technology, an affiliate of Chinese automaker…
I marveled earlier this week at the incredible thinness of the Huawei Mate XT batteries. That’s the world’s first commercially available tri-fold foldable phone. Starting at almost $3,000, the foldable features three ultra-slim batteries. Each measures just 1.9mm, as they have to fit in sections that are 3.6mm slim at their thinnest points. I said…