Report: China now makes enough batteries for global EV production

CATL Evogo battery swappingChina already has enough battery manufacturing capacity to supply all global EV production, according to Bloomberg New Energy Finance. BNEF estimates to global battery-cell demand for both EVs and energy storage came in at around 950 gigawatt-hours in 2023—but manufacturing capacity was more than twice that, at around 2,600 gigawatt-hours...

Rimac will help BMW with next-gen EV battery packs

BMW Vision Neue Klasse X conceptRimac will provide next-generation battery packs for BMW EVs, the company announced Tuesday in a press release. Full details will be revealed at a later date, but Rimac anticipates "the establishment of sophisticated automated production lines for batteries" at its headquarters near Zagreb, Croatia, with "significant portion" of the site dedicated...

After chiding Ford for US CATL battery plan, GM may be seeking its own

2024 Chevrolet Blazer EV RSGeneral Motors is negotiating a U.S. battery-supply deal with China's CATL, Car News China reports. GM already works closely with CATL, but that relationship is limited to the China market. The deal reportedly being discussed would bring that partnership to North America in the form of a joint battery plant located in either the U.S. or Mexico...

Will the $25,000 Tesla use faster-charging CATL LFP cells?

Tesla Model 3 (Europe-market refresh) Battery supplier CATL is developing faster-charging battery cells for Tesla, according to Bloomberg (via Automotive News). CATL chairman Robin Zeng mentioned this project in an interview with Bloomberg in Hong Kong on Monday, in which he also confirmed that CATL is supplying equipment for Tesla's Nevada battery factory. Zeng also mentioned Tesla's...