Don’t let the EV doomers get you down, the market for electric cars in the United States isn’t shrinking. It’s just not growing very fast. And, sure, hybrids are way more popular and probably softened the demand for electric cars. That happened. But it doesn’t mean that people won’t buy a properly marketed electric car…
CATL and BYD continued to hold the top two positions as the world’s largest battery makers in the January-September period, with the former seeing a slight decrease in share and the latter remaining unchanged. CATL and BYD (HKG: 1211, OTCMKTS: BYDDY) remained the world’s two largest power battery makers in January-September, with the former losing…
The big bosses at DBS Bank and HSBC’s money-management unit became new owners of luxury homes in Hong Kong in October amid a revival in optimism and stock market wealth, helping drive the property market to its busiest month since May. Transactions involving new and lived-in homes, offices, shops, car parks and industrial spaces jumped…
BEIJING (Reuters) -Chinese battery giant CATL on Thursday launched its first battery product focused on extended-range hybrids at a time when this category of electrified cars is seeing the fastest growth in sales among all segments. The battery, known as Freevoy, is the world’s first hybrid battery with a range of over 400 km (249…
CATL and BYD both saw their share of the Chinese EV battery market decrease slightly in September, as smaller players, including Gotion High-tech, gained share. In September, China’s installed volume of power batteries was a record 54.5 GWh, up 49.6 percent year-on-year and up 15.5 percent from August, according to data released today by the…
CATL and BYD continued to hold the top two positions as the world’s largest battery makers in the January-August period, with the former seeing a slight decrease in share and the latter an increase. CATL and BYD (HKG: 1211, OTCMKTS: BYDDY) remained the world’s two largest battery makers in January-August, with the former losing share…
BEIJING (Reuters) -China’s CATL said a “relatively small” number of products were affected by a fire at its battery factory in southeastern Fujian province and the impact on production and operations was expected to be limited. CATL said there were no casualties in the incident, which occurred in the city of Ningde at noon on…
HONG KONG — Chinese electric vehicle battery supplier CATL raked in 35% more government subsidies in the first half of this year, compared with the same period in 2023, maintaining its perch atop the league table of mainland-listed companies receiving the most financial assistance. While China’s public support for its EV sector has been the…
With senior American officials meeting their Chinese counterparts last week to discuss the effects of China’s manufacturing “overcapacity” on the US economy, it is worth pausing to consider both the significant benefits and concerns over Beijing’s massive and unprecedented expansion of clean energy technology. China’s leadership across all facets of decarbonisation, including research and development,…
Yutong Bus, the world’s largest electric-bus maker, has unveiled a new technology platform that aims to boost driving ranges and cut operating costs, as it vies for a bigger slice of a growing market amid a decarbonisation push by public transport fleets worldwide. The company, based in Zhengzhou in China’s central Henan province, announced the…