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The Latest Breaking News from CATL

Innovation Drives Down the Cost of Powering Electric Cars

Americans are increasingly buying electric cars. Electrochemists and their innovations will drive down the cost of powering them.

Reason

Ford Battery Deal With CATL Draws Backlash From US Senators, Reps

Senator Marco Rubio said the licensing agreement between Ford and CATL "will only deepen US reliance on the Chinese Communist Party for battery tech."

InsideEVs

Ford To Build $3.5 Billion LFP Battery Plant In Michigan

We analyze the announcement that Ford is building a new battery plant in Marshall, Michigan to produce FLP batteries with it's partner, CATL.

InsideEVs

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Ford details $3.5 billion electric vehicle battery plant to be built in Michigan

ROMULUS, Michgan — Ford Motor Co. signaled Monday that Michigan will play a central role in the Dearborn automaker's bid to secure its electric-vehicle supply chain and diversify its battery technologies.

Tribune News Service

Ford and Chinese giant team up on EV batteries

Ford Motor Co and China-based CATL — the world’s biggest electric vehicle battery maker — are reportedly planning to build an EV battery plant in Michigan, capping a months-long search that became mired in tensions between the US and China.

Bangkok Post

Ford to announce $2.5B battery plant in Michigan with Chinese partner

Ford Motor Co. on Monday is expected to detail a multi-billion-dollar investment with a Chinese company to build an electric-vehicle battery plant on a site in mid-Michigan, The Detroit News has confirmed.

Tribune News Service

With EV batteries in demand, some in GOP say 'no' to China - Roll Call

As Americans snap up electric cars, some Republicans take a tough-on-China stance even for projects that would create jobs for Americans.

Roll Call

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Bolivia’s dream of a lithium future plays out on high-altitude salt flats

The government eyes an economic bonanza in a mineral vital to electric batteries but critics ask if plan is viable and at what environmental cost

The Guardian - US

Virginia governor scraps Ford's bid for EV battery plant with Chinese partner

A Ford Motor Co. battery plant investment sought by Michigan and Virginia that would have created roughly 2,500 jobs was rejected by Virginia Gov. Glenn Youngkin, a potential Republican candidate for president, over his objections to the involvement of a Chinese partner.

Tribune News Service

CATL Cleared for $945 Million Lithium Mining Acquisition

Bankruptcy court accepts battery giant’s proposal to pay off Sinuowei Mining Development’s debt and buy out its investors

Caixin Global

Youngkin Nixes Ford Electric Vehicle Plant Over Anti-China Paranoia

The factory may have been a bad deal for Virginia, but tying the decision to Chinese aggression is the wrong move.

Reason

Chinese EV Startup And CATL May Integrate Batteries Into EV Chassis

Tesla is putting its 4680 cells into the vehicle's frame, which is a similar concept. However, this Chinese company's structural pack won't be removable.

InsideEVs

CATL Starts Series Production Of EV Battery Cells In Germany

CATL, the world's largest EV battery manufacturer, announced that its new lithium-ion battery cell plant in Germany started series production "as scheduled."

InsideEVs

Tech Insider: Xiaomi President to Step Down, TuSimple Plans to Cut Staff by 25%

Hackers threaten to blackmail Nio, EV-maker launches urban-navigation system in Shanghai

Caixin Global

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InsideEVs

Report: Ford And CATL Are Considering LFP Battery Plant Investment

In July, Ford announced that CATL will supply LFP lithium-ion battery cells for 4 EVs, but the implementation of the partnership requires careful analysis.

InsideEVs

Honda Signs Deal To Purchase 123 GWh Of EV Batteries From CATL

The massive amount of batteries will enable Honda to build more than 1 million electric vehicles based on its first EV-dedicated platform, the e:N Architecture.

InsideEVs

Global Passenger xEV Battery Market In H1 2022: 195.5 GWh (Up 79%)

The global passenger xEV (BEVs, PHEVs, HEVs) battery market continues its unprecedented growth in 2022, leaving 2021 results far behind.

Bangkok Post

Chinese EV battery producers will exceed domestic electric-car makers' demand threefold in 2025

China's fast-growing electric vehicle (EV) battery industry must look abroad for customers as their capacity after a period of aggressive expansion will soon be three times greater than demand from domestic electric-car makers.

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InsideEVs

Daihatsu To Use CATL's Batteries And Cell-To-Pack Technology

Daihatsu Motor Co. and CATL announced an MOU of Strategic Cooperation on battery supply and battery technologies.

Benzinga

Alibaba Jumps 7%, Nio Surges 13%: Hang Seng Breaches 17,000-mark For 1st Time Since Mid-October

Hong Kong stocks rose on Friday, with the benchmark Hang Seng opening over 5% higher, as softer-than-expected inflation in the U.S. sparked optimism among investors and traders that price rises may have peaked out.

Caixin Global

Chinese Carmaker Zotye Denies a Battery Rumor That Saw Shares Skyrocket

Speculation the company would import a foreign-made production line to challenge CATL prompted questions from the bourse

InsideEVs

2023 Zeekr 009 Debuts As Luxury Electric Minivan With 510-Mile Range

Deliveries in China start in early 2023, with the base model priced at $68,450 and the one with the 140-kWh Qilin battery supplied by CATL starting at $80,660.

InsideEVs

BMW Announces $1.7 Billion EV Investment In South Carolina

The BMW Group announced two significant EV-related investments in South Carolina, valued at $1.7 billion total.

InsideEVs

Report: CATL Slows Its Battery Investment Plans In US/Mexico

CATL, the world's largest EV battery manufacturer, might slow down its investment plans related to the first lithium-ion cell gigafactory in North America.

Benzinga

Twitter May Drop Clickable Hashtags, AstraZeneca's Nasal COVID-19 Vaccine Fails Trial, Coinbase Gets Singapore Nod: Top Stories Tuesday, Oct. 11

Reuters US-China Chip War: KLA Relaxes Chip Supply To China

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