Etiqueta: CATL

The Avatr 06 features fastback and minimalist interior with multiple screens, alongside Huawei-powered technology, launching in 2025 with EV and EREV options.

The post Avatr 06 spotted in China, set for 2025 Q2 launch appeared first on CarNewsChina.com.

CATL pushes into Europe through local automakers.

The post CATL to unveil new European EV battery plant in 2025 with local automaker, Vice Chairman says appeared first on CarNewsChina.com.

Bitauto News: Recently, Cui Dongshu, Secretary-General of the China Passenger Car Association (CPCA), stated in his personal WeChat public account that the competitive landscape of battery companies has formed a relatively strong characteristic between Contemporary Amperex Technology Co. Limited (CATL) and BYD. Currently, there is still a significant gap between BYD and CATL. BYD's market share has risen from 15% in 2020 to 25% in 2024, reaching 26% in the fourth quarter. By contrast, CATL's market share in the fourth quarter has dropped to 43%, and other battery companies have shown a clear differentiation in their market shares. The battery industry has exhibited a slowdown in the concentration effect of leading companies, maintaining a 70% share for the top two companies this year, compared to 72% in 2022. Other companies have around 30% of the market space.

China's 2024 power battery installed capacity was 548.4 GWh, up 41.5% from 2023.

The post CATL claimed 45.2% of power battery market in China, BYD claimed 25.1% in 2024 appeared first on CarNewsChina.com.

The manufacturer of MG cars SAIC signed a strategic cooperation agreement with CATL in the battery swap field.

The post MG-maker SAIC will make EVs with CATL’s battery swap solution appeared first on CarNewsChina.com.