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Chinese battery giant CATL is taking the initiative to implement a battery price reduction plan for key car companies, and put forward a price reduction requirement of about 10% to its raw material suppliers.
Chinese electric vehicle firm Hozon Auto announced on May 27 that the NETA S model will be equipped with its self-developed "Tiangong Battery."
Chinese battery maker CALB announced on November 30 that it will immediately stop selling products that infringe on the patent rights of a rival, CATL, and compensate the latter 2.96 million yuan ($417,577).
Xpeng Motors, one of China’s leading EV makers, made headlines recently when it released details about a flying car it had produced, capable of driving both on roads and in the air, scheduled to enter mass production in 2024.
During the 2022 World New Energy Vehicle Congress, Zhang Qiang, the co-founder of SemiDrive Technology, said that the company will supply millions of chips to Chinese battery giant CATL this year.
On April 19th, CATL unveiled its innovative cutting-edge battery technology - Condensed Battery at the 2023 Auto Shanghai.
NIO's new brand "ALPS" has implemented an open power battery procurement strategy, confirming battery supply cooperations with CALB (China Aviation Lithium Battery Technology), BYD's FinDreams Battery and others.
Ruicycle, a battery recycling enterprise, completed a B round of financing of over 300 million yuan ($44.42 million). Investors include Legend Capital, China Guangfa Bank, Hua Ventures, and other institutions.
Gotion, the US subsidiary of Chinese battery manufacturer Gotion High-Tech, will build a battery material factory in Big Rapids, Michigan, with an investment of about $2.364 billion, creating about 2,350 jobs.
On August 15, JD Logistics announced that it has put its first batch of battery-swapping new energy vehicles (NEVs) into operation.
On July 21, CATL, a Chinese power battery giant, and Ford, a leading US automobile company, announced an agreement in which the two companies will establish a global strategic cooperative relationship.
Cospowers Technology, a scientific and technological enterprise in the lithium battery industry, announced on July 1 that it had completed D-round financing totaling several hundred million yuan.