CATL and BYD are leading the global EV battery market, holding the top two positions with significant shares. Their dominance highlights the importance of battery technology in the electric vehicle industry.
EV News
Volvo Cars' global sales surged by 5% in November, with electrified vehicles making up nearly half of all sales. Europe and the US led this growth.
The DOE's $7.5 billion loan to Stellantis and Samsung SDI aims to boost battery production in Indiana, enhancing the US EV supply chain with two new plants.
Porsche recalls nearly 3,000 electric Macan models due to headlight brightness issues exceeding US standards, requiring dealership visits for software reprogramming.
Li Auto is making significant strides with its smart driving team reshuffle and 0-interest financing, setting a competitive edge in the EV industry.
Rivian has secured a $6.6 billion conditional loan from the DOE to build a new electric vehicle plant in Georgia, expected to produce 400,000 vehicles annually.
BYD's Sealion 07 enters the Norwegian market, promising to redefine the electric SUV segment with its innovative features and eco-friendly design.
Baidu is gearing up to launch its Apollo Go robotaxis in Hong Kong by the end of the year, marking a significant milestone for autonomous vehicle operations in the region.
Hyundai and Genesis are recalling 145,235 EVs due to a potential issue with onboard chargers, which could lead to reduced drive power and fail-safe mode activation.
BMW's innovative Neue Klasse electric SUV has begun pre-production, marking a significant step in the company's electric future, with full production expected by late 2025.
