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As a comparison, CATL and BYD’s shares in 2022 were 36.2 percent and 13.9 percent, respectively. For the full year of 2023, total global battery consumption for electric vehicles was 705.5 GWh, up 38.6 percent from 509.2 GWh in the same period last year, according to data released on February 7 by South Korean market researcher SNE Research. CATL has an installed battery capacity of 259.7 GWh in 2023, up 40.8 percent from 184.4 GWh in 2022. The Chinese power battery giant continued to rank first in the world with a 36.8 percent share and remains the only battery supplier…
CATL’s share of China’s EV battery market increased by 4.93 percentage points in January from December, while BYD’s share decreased by 4.37 percentage points. CATL’s share of China’s electric vehicle (EV) battery market increased in January from December, while BYD’s decreased. In January, China’s power battery installations amounted to 32.3 GWh, up 100.2 percent year-on-year, but down 32.6 percent from December, according to data released today by the China Automotive Battery Innovation Alliance (CABIA). CATL’s power battery installed capacity in January was 15.96 GWh, ranking first with a 49.41 percent share, up 4.93 percentage points from December’s 44.48 percent share.…
This means that the penetration of passenger NEVs at retail was 32.8 percent in January, down from 40.2 percent in December. China’s passenger new energy vehicles (NEVs) sold 670,000 units at retail in January, up 102 percent year-on-year but down 29 percent from December, preliminary data released today by the China Passenger Car Association (CPCA) showed. In its January 19 report, the CPCA had forecast retail sales of 800,000 NEVs in January, and the lower preliminary figure means that China’s retail sales of NEVs at the end of January were worse than expected. China’s retail sales of all passenger vehicles…
Nio today announced changes to its board of directors, with two people appointed by CYVN Holdings joining and one person appointed by Tencent dropping out. (Image credit: CnEVPost) Nio (NYSE: NIO) today announced changes to its board of directors with the addition of two individuals appointed by Abu Dhabi government fund CYVN Holdings. The Chinese electric vehicle (EV) maker today announced that its board of directors has appointed Eddy Georges Skaf and Nicholas Paul Collins as new directors, effective February 7, 2024. At the same time, James Gordon Mitchell, Tencent’s Senior Executive Vice President and Chief Strategy Officer, resigned from…
In January, China sold 445,000 BEVs, 46.06 percent lower than in December, and 284,000 PHEVs, 21.98 percent lower than in December. China’s new energy vehicle (NEV) sales were significantly lower in January than in December due to seasonal factors, with battery electric vehicles (BEVs) performing worse than plug-in hybrid electric vehicles (PHEVs). China sold 729,000 NEVs in January, up 78.68 percent year-on-year but down 38.79 percent from December, according to data released today by the China Association of Automobile Manufacturers (CAAM). CAAM’s NEV sales are the wholesale sales of automakers, including sales in China and exports to overseas markets. NEVs…
Photo: Avangrid A poll released today reveals that a clear majority of US coastal residents support offshore wind development. The enthusiasm spans across the political spectrum, from Democrats to Republicans to Independents, and includes those living on the East, West, and Gulf coasts, according to the poll from Climate Nexus and nonprofit offshore wind advocacy group Turn Forward poll. About two-thirds of people living in coastal counties are giving a big thumbs up to offshore wind projects, even if it means seeing turbines spinning out on the horizon from their backyards. And why the enthusiasm? Well, people believe that offshore…
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! 75 members of the Climate Mayors organization and Electrification Coalition urge President Biden to protect public health, address the climate crisis, and align with the heavy-duty vehicle industry’s commitment to transition to zero-emission vehicles Today, 75 members of Climate Mayors sent a letter urging the Biden Administration to finalize the Environmental Protection Agency’s (EPA) strongest proposed rule for the GHG Emissions Standards for Heavy-Duty Vehicles — Phase 3 rule (HDV rule). Climate Mayors across the US are already making innovative strides to decarbonize the…
Is Ford shifting its electric vehicle efforts away from large EVs like the F-150 Lightning, and focusing on translating the ethos of the Model T into the EV era? Taken at face value, remarks from Ford CEO Jim Farley made Tuesday suggest that may be the case. During the company’s Q4 2023 earnings, Farley and top executives summed that the automaker plans to shift the launch timing on some of its Gen 2 electric vehicles, with more attention paid to the cost and efficiency of its EVs—given, as was mentioned multiple times, a “new market reality.” The company revealed it’s…
A small team within Ford has spent the last two years developing a low-cost platform for smaller electric vehicles, CEO Jim Farley said on Tuesday. “We made a bet in silence two years ago,” Farley told investors during the company’s fourth-quarter and full-year earnings call, describing the creation of a “super-talented skunkworks team” that operated outside of the “Ford mothership.” Get Fully Charged Affordability is a sore spot in the EV transition Inexpensive, long-range EVs are tough to come by, and that’s bad news for getting mainstream buyers to embrace electrification. Some automakers are working on cheaper upcoming models. “They’ve…
Porsche appears to be keeping all that’s great about its leading-edge Taycan electric sports car, while teasing out more of the numbers that matter: range, efficiency, and acceleration. The 2025 Porsche Taycan starts with a larger battery pack. Versions with the Performance Battery Plus now have a gross capacity of 105 kwh—up from 93 kwh. Porsche hasn’t yet said what this gains in terms of official EPA range ratings, but given all the efficiency-minded upgrades that accompany the decision it’s expected to be far greater than the pack’s 13% gain in capacity. Outgoing Taycan models span up to an EPA-rated…