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Top 10 EV battery manufacturers all Asian companies; China accounts for 56% of market, Korea 26% and Japan 10%

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The top 10 global producers of Li-ion batteries for electric vehicles are all Asian companies, according to an analysis posted on the Visual Capitalist. Chinese companies make up 56% of the EV battery market, followed by Korean companies (26%) and Japanese manufacturers (10%).

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Chinese company reportedly seeks to invest $10B in Afghanistan’s lithium mining sector

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According to the Afghanistan Ministry of Mines and Petroleum, China-based Gochin Company company seeks to invest US$10 billion in Afghanistan’s lithium mining sector.

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NIO launches its 1,200th NIO Power Swap Station in China

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NIO has launched its 1,200 th NIO Power Swap Station in China at Suzhou New District Jinke Wangfu Hotel. Within a year, the company has deployed 600 new power swap stations have been deployed. NIO plans to build 1,300+ Power Swap stations by the end of 2022 and 4,000+ by 2025.

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Fuel cell company Loop Energy announces China approval for fuel cell bus

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Loop Energy, a hydrogen fuel cell company providing solutions for the commercial vehicle markets, announced that Skywell New Energy Vehicles Group (Skywell) received index approval from China’s Ministry of Industry & Information and Technology (MIIT) for a zero-emission public transport bus powered by Loop Energy’s fuel cell systems.

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BMW Group announces local production of NEUE KLASSE in China from 2026, new gen 6 battery plant

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BBA) joint venture, Milan Nedeljković, member of the Board of Management of BMW AG responsible for Production, announced local production of the NEUE KLASSE in China. Today, 20 years after our joint venture’s initial start of production, I am delighted to announce local production of the NEUE KLASSE in China.

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Sodium-ion battery cathode company Altris opens China office

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Swedish battery materials company Altris AB, which specializes in producing highly sustainable cathode materials for rechargeable sodium batteries, has officially opened its first office in China. As interest in Altris’ product grows in China, the local sales and support team will expand to match customer’s needs.

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Pony.ai receives a taxi license in China; commercialization of robotaxi services

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Pony.ai, a global autonomous driving technology company, announced it is the first autonomous driving (AD) company to obtain a taxi license in China. robotaxi currently retains a safety driver, the company expects to remove the driver over the short- to intermediate-time frame. In May, Pony.ai While the Pony.ai

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