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Ford bets on US-made LFP packs to power a $30,000 EV pickup
technology23 days ago

Ford bets on US-made LFP packs to power a $30,000 EV pickup

Ford has begun assembling lithium iron phosphate (LFP) battery cells at its Bluoval Battery Park in Michigan using CATL technology, making it the first US automaker to start mass-market LFP battery shipments. The cells will power Ford’s upcoming Universal Electric (UEV) midsize pickup, priced around $30,000 and due for 2027, with production centered at the Louisville plant. LFP cells are cheaper and lighter, enabling more interior space and lower ownership costs, and will also feed Ford’s energy storage business. The move prompts debates over Chinese tech, but Ford argues the plan supports affordable EVs and good jobs.

via Electrek|
#battery#catl#ev
Beijing Auto Show spotlights China's bid for five-minute EV charging with BYD and CATL tech
vehicle-tech2 months ago

Beijing Auto Show spotlights China's bid for five-minute EV charging with BYD and CATL tech

China used the Beijing Auto Show to tout a leap in EV battery tech as BYD and CATL race to slash charging times toward five minutes, highlighting Shenxing 3 EB (10–98% in about 6.5 minutes) and BYD Blade Battery 2.0 (10–97% in about 9 minutes), plus other suppliers like CALB, EVE Energy and Sunwoda delivering sub-10 minute charging for cars and e-bikes; Nio even showcased a three-minute battery swap, all within a broader push toward megawatt charging up to 1,500 kW, signaling China’s leading position in next-gen charging tech.

via TechRadar|
#byd#catl#charging
Lithium Stocks Surge Amid CATL Mine Suspension
business11 months ago

Lithium Stocks Surge Amid CATL Mine Suspension

Tesla supplier CATL's decision to idle a major lithium mine in China has caused a sharp rise in lithium stocks and boosted Albemarle, despite concerns over lithium oversupply and potential impacts on EV battery costs. The lithium market is experiencing a short-term rally, but long-term trends remain uncertain amid China's regulatory stance and fluctuating prices. Meanwhile, Tesla's stock continues to perform well, and other lithium-related stocks are also gaining.

via Investor's Business Daily|
#albemarle#business#catl
business11 months ago

CATL suspends lithium mine operations amid permit issues

CATL has suspended operations at its lithium mine in Jiangxi due to an expired permit, with plans to potentially extend the halt while negotiating license renewal, amid a backdrop of declining lithium prices and increased government scrutiny in China. This suspension could impact the lithium supply chain but might also benefit other producers in a market plagued by overcapacity.

via CnEVPost|
#battery-materials#business#catl
Stellantis and CATL to Invest $4.3B in Spanish EV Battery Plant
business1 year ago

Stellantis and CATL to Invest $4.3B in Spanish EV Battery Plant

Stellantis and China's CATL have announced a joint venture to build a €4.1 billion ($4.3 billion) lithium iron phosphate battery plant in Zaragoza, Spain, expected to be operational by 2026. The plant aims to produce up to 50 gigawatt hours of batteries, enhancing Stellantis' electric vehicle production capabilities in Europe. This collaboration comes amid challenges in the European EV market, including affordability and infrastructure issues. The venture highlights a strategic move towards sustainable and innovative battery production.

via CNBC|
#business#catl#ev-battery-plant
Stellantis and CATL to Invest $4.3B in Spanish EV Battery Plant
business1 year ago

Stellantis and CATL to Invest $4.3B in Spanish EV Battery Plant

China's CATL and Stellantis are set to build a €4.1 billion lithium battery factory in Zaragoza, Spain, as part of a joint venture to expand electric vehicle production in Europe. This move comes amid Europe's efforts to reduce reliance on Chinese batteries and follows Stellantis' strategic partnerships with Chinese companies. The factory, scheduled to start production by late 2026, marks CATL's third major investment in Europe, despite EU plans to impose stricter trade regulations on Chinese firms. Spain's government has actively supported the project to bolster its automotive industry.

via Financial Times|
#battery-factory#business#catl
Stellantis and CATL Launch €4.1B Battery Plant Venture in Spain
business1 year ago

Stellantis and CATL Launch €4.1B Battery Plant Venture in Spain

Stellantis and CATL have announced a joint venture to invest up to €4.1 billion in a lithium iron phosphate (LFP) battery plant in Zaragoza, Spain, aiming for a production capacity of up to 50 GWh by 2026. This initiative supports Stellantis' Dare Forward 2030 plan to offer more affordable electric vehicles and aligns with global climate goals. The plant will enhance CATL's battery technology capabilities in Europe, contributing to the energy transition and e-mobility efforts.

via Stellantis|
#business#catl#electric-vehicles
World's Top Battery Maker Criticizes Elon Musk's Battery Expertise
business1 year ago

World's Top Battery Maker Criticizes Elon Musk's Battery Expertise

CATL founder Robin Zeng criticized Tesla CEO Elon Musk's battery-making skills, particularly regarding Tesla's 4680 cylindrical battery, which Musk claimed would be cheaper and more efficient. Despite Musk's silence during their debate, Zeng highlighted issues with the 4680's production and Musk's tendency to overpromise on timelines. CATL, a major battery supplier for Tesla, questioned Musk's approach, noting significant production challenges with the 4680 battery, which is used in Tesla's high-end vehicles like the Cybertruck.

via The Drive|
#4680-battery#business#catl
World's Top Battery Maker Criticizes Tesla's 4680 Cell and Musk's Expertise
business1 year ago

World's Top Battery Maker Criticizes Tesla's 4680 Cell and Musk's Expertise

CATL Chairman Robin Zeng expressed skepticism about the long-term success of Tesla's 4680 battery cell, suggesting it would fail due to Tesla CEO Elon Musk's lack of expertise in electrochemistry. Despite Tesla's production milestones and expansion plans for the 4680 cell, Zeng believes Musk's timelines for new technologies are overly optimistic. The discussion also touched on Tesla's approach to Full Self-Driving technology, which Zeng supports, and CATL's interest in building a U.S. factory if allowed by the government.

via TESLARATI|
#4680-battery#business#catl