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Benchmark bumps BYD up to top tier of EV battery manufacturers; 2nd China cell maker on list

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Benchmark Mineral Intelligence has elevated Chinese lithium-ion battery cell and automaker BYD to Benchmark’s top tier EV battery cell manufacturer status joining CATL, Envision AESC, LG Energy Solution, Panasonic, Samsung, and SK Innovation as tier one cell manufacturers. Supplier to domestic Chinese EV market.

BYD 389
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GlobalData: Coronavirus threatens China’s battery sector dominance; 26 GWh hit in 2020

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The coronavirus (COVID-19) outbreak in China will impact the green energy sector, including renewable energy sources, battery energy storage, electric vehicles (EVs), and renewable heating and cooling, says data and analytics company GlobalData. —Sneha Susan Elias, Senior Power Analyst at GlobalData.

2020 292
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BYD, Toyota jointly to develop battery electric vehicles for Chinese market

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and Toyota Motor Corporation have signed an agreement for the joint development of battery electric vehicles (BEVs). BYD was founded in 1995 as a battery business and has grown into a total energy solution company, manufacturing not only electrified vehicles but other products such as large-size energy storage cells.

BYD 186
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BloombergNEF annual battery price survey finds prices fell 6% from 2020 to 2021

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This marks a 6% drop from $140/kWh in 2020. Continuing cost reductions bode well for the future of electric vehicles; however, the impact of rising commodity prices and increased costs for key materials such as electrolytes has put pressure on the industry in the second half of the year.

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ABB E-mobility increases majority stake in Chinese EV charging provider Chargedot to 80%

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ABB has increased its majority stake in Chinese electric vehicle (EV) charging provider Chargedot Shanghai New Energy Technology Co. ABB acquired a 67% stake in Chargedot in March 2020. million electric vehicles sold; a 1.6 fold increase on 2020. million electric vehicles sold; a 1.6

Chinese 150
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Ipsos Auto Global Study: interest in battery electric vehicles growing in the US

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Ipsos’ new 2020 Global Mobility Navigator Study, focusing on Electrification, found global interest remained on par with the numbers from 2019. However, the study reveals there has been an increase in interest in the US and Chinese markets. A growing consumer awareness led to an increased desire to have them in vehicles.

Global 429
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BYD, Toyota to establish joint company for battery-electric vehicle research and development

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and Toyota Motor Corporation signed an agreement to establish a joint company to research and development for battery-electric vehicles (BEVs). Core parts for electrified vehicles such as batteries, motors and power electronics are among the products that BYD develops in-house. BYD Company Ltd.

BYD 283