At the IFA 2019 in Frankfurt, CATL declared its focus on the development of cell-to-pack (CTP) EV batteries. This the company's latest product platform that improves battery pack development through process efficiency, cost savings and the need for fewer required parts. Its CTP tech includes more than 70 core patents and allows the manufacturer to increase mass energy density by 10-15%, improve volume utilization efficiency by 15-20% and reduce the number of parts for battery packs by 40%. For example, a CTP battery can increase the system energy density from 180 Wh/kg to more than 200 Wh/kg. At the cell level, the energy density has already reached 240 Wh/kg in 2019, and by 2024 CATL aims to increase energy density to 350 Wh/kg. Ultimately, this will lead to offering longer range with the same or even smaller battery packs.At CATL's booth at the IAA visitors may also check out NMC (nickel manganese cobalt) and LFP (lithium iron phosphate) batteries, BMS with smart computing and high energy density battery packs. CATL is present at IAA from September 10-13, in hall 4.1, booth C07.

CATL will supply Mercedes-Benz with EV batteries Mercedes-Benz announced that it will source out "advanced, CO2-neutrally produced battery cells, modules and systems" from CATL. The agreement covers the full range of battery technologies, from cells across modules for Mercedes-Benz Cars to entire battery systems for Mercedes-Benz Vans in promising innovative technology configurations. This also includes the CATL cell-to-pack (CTP) design, which eliminates...

Report: Tesla will no longer use Panasonic batteries for its production in China According to South Korean news outlet The Guru, Tesla will no longer use Panasonic batteries for its production in China. LG Chem and CATL will be the main suppliers for cylindrical cells for China-made Tesla models. In particular, as the deal with LG Chem expands, LG Chem is expected to emerge as the main supplier to take charge of battery volume for Tesla's Chinese electric vehicle models. This information comes...

IDTechEx: "Revolutionary Solid-state Batteries Will Create a $6 Billion Market in 2030" According to IDTechEx's report "Solid-State and Polymer Batteries 2020-2030: Technology, Patents, Forecasts, Players.", the potential market size for solid-state batteries is expected to grow to over $6 billion by 2030. This is due to various undisputed advantages of solid-state batteries including high safety level, simple pack design, higher energy density. The market demand for solid-state batteries mainly comes...

BMW will receive EV batteries from EVE Energy EVE Energy is a joint venture partner of SK Innovation in China. Under the joint venture, the two companies are building the Blue Sky United Energy plant for EV batteries in Yancheng. It is projected to have an annual production rate of 20-25GWh. Recently, EVE Energy company has announced that it will supply EV batteries to BMW. For BMW Brilliance - the automakers' joint venture in China, batteries will come from...

Honda and CATL form a comprehensive strategic alliance on EV batteries CATL and Honda have signed an agreement to form a comprehensive strategic alliance on new energy vehicle batteries to strengthen their strategic partnership and promote the popularization of e-mobility. This agreement will enable the two companies to begin discussions on a broad range of areas including joint development, stable supply, and the recycling and reuse of batteries. By bringing together the two...

BMW has reached contractual agreement with its cell manufacturers for its 5th Gen battery cells In a recent interview, Oliver Zipse, CEO of BMW, said that the company already has "a contractual agreement with its cell manufacturers that they will use only green power to produce BMW's fifth-generation battery cells." These cells will be introduced later this year with the BMW iX3 and will power next year's BMW i4 and BMW iNEXT. Even though Mr Zipse did not mention the battery cell manufacturers, it is largely...

LG Chem has become the second largest EV battery manufacturer in China thanks to the Tesla Model 3 Korean news outlet The Elec cites Battery China according to which, LG Chem has become the second largest EV battery manufacturer in China surpassing BYD. LG has deployed 2087 MWh of EV batteries from January to May this year. BYD has deployed 1943 MWh and has moved to the third place. This is due mainly to the supply of batteries for the Tesla Model 3 produced in China. LG Chem's Nanjing plant makes 21700...

Volkswagen has initialized its TR5 project for EV battery supplies The Elec reports confirmed information that Volkswagen has sent letters of intent (LOI) to battery makers to buy batteries for its MEB platform. LG Chem, Samsung SDI, SK Innovation, and CATL have expressed their intention to participate in this project, which was named TR5. The industry estimates that the total costs will be around EUR 14.6 billion, which is in line with the European volume of the TR2 project. Up to...

CATL publicly confirms it will supply Tesla in China with batteries from H2 of 2020 On May 13, during an annual investors conference, CATL announced that it will supply lithium iron phosphate (LFP) batteries to Tesla's Shanghai Gigafactory. This is the first tie CATL discloses in public any partnership with Tesla. CATL Chairman Cheung Yu-chin also said that cooperation with Tesla is not limited to its China operations. CATL uses the CTP technology which increases the battery cell to battery pack...

LG Chem takes the first place in global EV battery deployment LG Chem finally took the top spot in the global electric vehicle (EV, PHEV, HEV) battery usage ranking according to the sales in the first quarter of 2020. Samsung SDI and SK Innovation ranked 4th and 7th respectively. In the first quarter of 2020, the total battery energy of electric vehicles registered in vehicles around the world was 20.4 GWh, down 14.2% from the same period last year. This is due to the slowdown...

South Korean companies gain 42% share from the EV batteries market According to SNE Research and its data for the global EV battery usage in February 2020, the South Korean companies have gained a total of 42% of the market share, which is deemed as a real breakthrough. Panasonic is first with 34.1%. LG Chem is second with 29.6%. CATL is third with 9.4%. AESC Japan is fourth with 7.7%. Samsung SDI is fifth with 6.5% and SK Innovation is sixth with 5.9% market share. They are...

Only 5 EV battery suppliers account for 78% of the global cobalt demand in 2019 Adamas Intelligence reports that in 2019, over 14,400 tonnes of cobalt were deployed globally in batteries of newly sold passenger BEVs, PHEVs, and HEVs. This is a 34% YoY increase. CATL has the largest portion of the pie - 21% LG Chem is second with 20%, Panasonic comes third with 17%. The fourth and fifth place are taken by BYD and Samsung SDI with 11% and 9%, respectively.

Global EV Battery market share, Korean companies on the rise, CATL and Panasonic lead SNE Research has come up with the annual global EV battery usage for 2019. The data is based on information about the sales of electric vehicles (EV, PHEV, HEV) in 76 countries across the globe and data on batteries installed in electric vehicles registered during this year. The statistics show that the three major Korean manufacturers have increased their market share in terms of sales. CATL is on top, followed by...