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

Green Car Congress

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%).

Li-ion 458
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Evonik invests in Chinese graphene company SuperC

Green Car Congress

Specialty chemicals company Evonik has invested in battery specialist SuperC. The Chinese company is a provider of graphene materials that improve the range, robustness, charging speed, and service life of lithium-ion batteries. Evonik has also its own global lithium-ion research center in Shanghai. billion in 2021.

Chinese 279
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Orocobre and Galaxy to merge, creating 5th largest global lithium chemicals company

Green Car Congress

The resulting company will have a A$4-billion (US$3.1-billion) billion) market capitalization, making it the fifth-largest by capitalization. Company management anticipates robust demand for lithium in the mid-long term. Chinese spot lithium carbonate prices have jumped 90% between December 2020 and end March 2021.

Companies 243
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Jing-Jin Electric and Allison Transmission partner to accelerate development of commercial vehicle electrified powertrain solutions for global markets

Green Car Congress

The partnership will further allow both parties to benefit from a global manufacturing presence and service networks to support customers in local markets. Together, the companies will further define product portfolio scope, manufacturing locations and supporting resources to be provided by each party.

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Geely Auto forms new premium electric car company Zeekr; SEA EV architecture

Green Car Congress

Geely Auto Group (Geely Auto) officially announced the widely reported formation of Zeekr—a new electric mobility technology and solutions company based in China that will serve growing global demand for premium electric vehicles. Zeekr aims to deliver a new electric vehicle to market each year in the coming five years.

Auto 435
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Roskill: graphite prices still rising on high Chinese electricity costs

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Roskill reports that prices for Chinese graphite continue to rise as producers contend with increasing electricity costs and supply disruption caused by limits on energy consumption. Chinese graphite prices are now the highest they’ve been for many years.

Chinese 321
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Global EV battery market share in 2022: CATL 37%, BYD 13.6%

CN EV Post

Chinese companies, including CATL and BYD, saw explosive growth in the power battery market, while South Korean and Japanese manufacturers were not performing as brightly. The post Global EV battery market share in 2022: CATL 37%, BYD 13.6% appeared first on CnEVPost. For more articles, please visit CnEVPost.

BYD 132