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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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Roskill: Yahua-Tesla deal indicative of increasing capability and numbers of Chinese lithium convertors

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On 29 December 2020, Sichuan Yahua Industrial Group announced thatits subsidiary, Yahua Lithium, had signed a five-year supply agreement with Tesla. Yahua Lithium commissioned the Ya’an plant in May 2020 with 20ktpy of capacity for battery-grade lithium hydroxide.

Chinese 305
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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. fold increase on 2020. fold increase on 2020. a subsidiary of China’s largest vehicle manufacturer SAIC, which retains a 20% stake.

Chinese 150
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GlobalData: Coronavirus threatens China’s battery sector dominance; 26 GWh hit in 2020

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China’s attempt to fight the coronavirus outbreak has led to delayed production across a number of battery production facilities located in key coronavirus hit provinces and is expected to lower the output of Chinese battery manufacturers by around 26 GWh in 2020. —Sneha Susan Elias, Senior Power Analyst at GlobalData.

2020 292
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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. This reflects the relative immaturity of these markets, the diverse range of applications and, for the higher end of the range, low volume and bespoke orders. Since September, Chinese producers have raised LFP prices by between 10-20%.

Price 469
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BYD, Toyota jointly to develop battery electric vehicles for Chinese market

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The two parties will jointly develop sedans and low-floor SUVs as well as the onboard batteries for these vehicles and others with the aim to launch them in the Chinese market under the Toyota brand in the first half of the 2020s.

BYD 186
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BMW Group extends joint venture contract in China until 2040

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The corresponding amendment to the contract comes into force with the new “business licence”, which BBA received today from the relevant Chinese authorities. BMW Group now holds 75% of the shares in BBA, while its Chinese partner, Brilliance China Automotive Holdings Ltd. against 2020). CBA), indirectly holds the remaining 25%.

BMW 335