9 stories tagged ev-battery on EV Digest.
Contemporary Amperex Technology Co. Limited (CATL), the world's largest electric vehicle battery manufacturer, announced strong financial results for the first half of the year. The company's impressive profit figures were accompanied by news of a share buyback plan, signaling confidence in its future performance and market position.
Chinese battery giant CATL significantly boosted its first-half profits, with a 42% increase driven by robust demand in both the energy storage sector and the electric vehicle battery market. The company, a major supplier to global automakers, continues to capitalize on the expanding electrification trend worldwide.
Researchers are developing a proactive 'cradle-to-crisis' strategy to enhance electric vehicle battery safety and performance. This innovative approach focuses on predicting and managing thermal runaway events by studying battery materials from their inception through potential failure, aiming for more robust and reliable power sources for EVs.
Horse Powertrains has unveiled a novel methanol-fueled range extender engine designed to charge EV batteries. This compact D20 Methanol engine uses axial-flux motors, offering a potential solution for electric vehicles needing extended range without relying solely on large battery packs. Such a system combines the benefits of electric drive with the quick refueling capabilities of liquid fuel.
A new analysis conducted in Sweden, examining nearly 10,000 electric vehicles, has pinpointed two specific models that demonstrate exceptional battery health. These vehicles retained over 97% of their original capacity after accruing 62,000 miles on the road, suggesting impressive durability in real-world conditions.
A recent exploration delves into the operations of Contemporary Amperex Technology Co. Limited (CATL), the dominant global player in EV battery production. The Chinese company's vast scale and technological advancements are critical drivers for the ongoing expansion of the electric vehicle market worldwide.
The electric vehicle industry is increasingly exploring sodium-ion battery technology as a compelling alternative to traditional lithium-ion cells. These batteries, which avoid critical materials like lithium, nickel, and cobalt, offer a promising pathway to reduce costs and dependence on scarce resources, accelerating the adoption of more affordable EVs globally.
Major Chinese electric vehicle battery producers have collectively pledged to accelerate payments to their raw material and component suppliers. This initiative aims to improve financial liquidity and foster more stable growth across the entire EV supply chain, which has faced challenges amid fluctuating demand and intense competition.
The chairman of CATL, the world's leading EV battery manufacturer, has tempered expectations for solid-state batteries, stating the technology is currently only at "level four" on a nine-step readiness scale. He predicts that widespread adoption and commercial viability for solid-state batteries are not expected until at least 2030, suggesting the technology is still far from ready for mass production.
