It will take two to three years for CATL’s new facilities to come online. Video, Arctic Circle teens call for help to save their homes, US election 2020: Trump and Biden feud over debate topics, France teacher attack: Four school students held over beheading, Mysterious 'Robin Hood' hackers donating stolen money, Coronavirus: The place in North America with no cases, Coronavirus: New Covid-19 cases rising rapidly across US. Chinese Battery Maker Sunwoda’s Stock Hits Record High on Volvo Deal (Yicai Global) Oct. 13 -- Chinese battery maker Sunwoda Electronic’s share price reached an all-time high today on the news that its auto battery unit has become a certified supplier of new energy vehicle battery packs to Swedish carmaker Volvo. All quotes delayed a minimum of 15 minutes. CATL has been one of the biggest beneficiaries, seizing the crown as the world’s top EV battery-maker by shipment for the first time in 2017, six years after it was founded, according to data (link in Korean) from consultancy SNE Research. (Photo by Sjoerd van der Wal), EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, inked a supply deal with Tesla in February. New energy vehicle sales in China more than doubled to 225,000 units in the first four months of 2018, according to industry ministry data. According to the BBC, most EV makers currently warranty their batteries for 60,000 to 150,000 miles. But the key component of electric vehicles - the battery - still needs to overcome several hurdles before it can compete squarely with gas-driven machines. In Depth: CATL Loses Electric-Car Battery Crown as Foreign Firms Muscle In. Contemporary Amperex Technology Co. Limited, abbreviated as CATL, is a Chinese battery manufacturer and technology company founded in 2011 that specializes in the manufacturing of lithium-ion batteries for electric vehicles and energy storage systems, as well as battery management systems (BMS). Japan’s rapidly-changing residential solar market pulls in battery giant CATL. “The listing of CATL sheds light on other companies in the same industry,” said Zheng Dandan, analyst with China’s Zheshang Securities. Concern over the longevity of the batteries powering Tesla electric cars seems to waning as the stock price pushes ever higher, and the Californa-based (for now) carmaker may soon offer drivers even more security in the form of a battery that will last for over a million miles worth of driving. Want to comment? School students held after France beheading, New name for a Canadian town called Asbestos, Why jellyfish could be a 'perfect food' VideoWhy jellyfish could be a 'perfect food', How fashion reflects ethnic pride in Ethiopia, Indigenous groups rally in Bogotá over killings, Far-right online: 'I got them back on social media' VideoFar-right online: 'I got them back on social media', Undercover in the schools that chain boys. Brussels Expo in Brussels, Belgium. Contemporary Amperex Technology has not revealed who it intends to supply. He added that this and other factors - including the wider availability of charging points and longer driving ranges - should help tempt more motorists to make the switch to an electric car. The BBC is not responsible for the content of external sites. The company supplies more than 40% of all batteries that go in electric vehicles in China… Source: Courtesy Benchmark Mineral Intelligence (note the 1,590GWh is now 1,956.6GWh) Top 5 lithium-ion manufacturers b… The EV battery colossus with a client list of blue-chip automakers and none of the Musk/Panasonic drama that looms over Tesla. Driving range will ultimately be determined by the size of the battery pack fitted to the car, but current Tesla models are giving drivers between 250 and 390 miles of range before needing a recharge.
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