Lithium-ion EV battery packs have reached their lowest prices ever, dropping 14% to $139/kWh. This significant decrease follows recent price increases in 2022, which had brought battery prices back toContinue Reading
CATL, the world’s largest battery manufacturer, did something completely unexpected last week. It offered numerous clients the chance to lock in battery supply at much cheaper pricing if they agreedContinue Reading
In the increasingly competitive market for electric vehicles (EV), securing a stable supply of lithium-ion (Li-ion) batteries has become critical for all participating car makers. During the course of theContinue Reading
According to the latest report from SNE Research, during the challenging first seven months of 2020, the global EV battery market amounted to 53.3 GWh, which is 16.8% less than aContinue Reading
Contemporary Amperex Technology Co., Limited (CATL) and Honda have signed an agreement to form a comprehensive strategic alliance on new energy vehicle batteries. By bringing together the two companies’ individualContinue Reading
Audi stopped production of its e-tron at its factory in Belgium for 4 days because it didn’t have enough LG Chem battery packs.That’s not a long time, but it isContinue Reading
