{
}
In January-February 2025, CATL maintained its position as the leading global EV battery supplier with a 38.2% market share, while BYD followed with 16.9%. Together, they accounted for 55.1% of the total 129.9 GWh of EV batteries installed, reflecting a 40.3% year-on-year increase. Other notable players included LG Energy Solution, SK On, and Panasonic, with shares of 9.8%, 4.7%, and 3.9%, respectively.
CATL is negotiating to acquire a controlling stake in Nio Power after investing RMB 2.5 billion in March. Nio Power, valued at over RMB 10 billion in 2024, saw its valuation drop to around RMB 10 billion, suggesting CATL could secure a 25% stake through this investment. Nio, a leader in battery swapping, continues to expand its network with CATL's support.
Hong Kong's IPO market is experiencing a resurgence, fueled by excitement over AI, with 15 IPOs raising HK$17.7 billion (US$2.27 billion) in Q1 2025, the strongest start since 2021. Major firms like CATL and Hengrui Pharmaceuticals have joined the trend, supported by regulatory changes and backing from Beijing. However, analysts warn that regulatory shifts and geopolitical uncertainties may pose risks to future growth.
Kia is in discussions with Huawei to incorporate smart cockpit solutions in its upcoming electric vehicles, specifically targeting the Chinese market. The collaboration may extend to various technologies, including third-generation electric systems and energy replenishment tech, as Kia aims to enhance its competitiveness in China. The automaker plans to unveil six smart cars between 2023 and 2027 while increasing the use of native components.
Nio's sub-brand Firefly is set to launch its first model on April 19, with pre-sales starting at RMB 148,800 ($20,510). The vehicle will be available in five color options: lavender, plum, sand, marble, and graphite, and features a 42.1-kWh battery pack with a range of 420 kilometers. Firefly aims to establish a battery swap network in high-density cities, integrating with Nio's existing system.
Avatr has commenced pre-sales for its new Avatr 06 sedan, priced from RMB 215,900 ($29,720), ahead of its official launch in April. This model features both battery electric vehicle (BEV) and extended-range electric vehicle (EREV) variants, with a range of up to 650 kilometers for the BEV and 240 kilometers for the EREV. Equipped with Huawei's advanced smart driving system and a 192-channel LiDAR, the Avatr 06 aims to enhance the driving experience while addressing range anxiety.
Patent applications from China reached a record high in 2024, with Huawei leading the charge, ranking second overall at the European Patent Office. Chinese firms filed 20,081 applications, accounting for 10.1% of the total, with significant growth in battery technology and electrical machinery. Notable companies include CATL, ZTE, Xiaomi, Vivo Mobile, and Tencent, reflecting China's strong innovation capabilities in key technological fields.
Avatr has officially launched the limited-edition Avatr 012 luxury sedan, priced at $96,420, with only 700 units available globally. This four-seater model, based on the Avatr 12, features a CATL Qilin Battery, 5C charging capability, and a range of 650 km, targeting high-end consumers who appreciate fashion.Designed in collaboration with Kim Jones, the Avatr 012 boasts a dual-motor system delivering 402 kW, accelerating from 0 to 100 km/h in 3.8 seconds. It includes advanced driver assistance features and emphasizes premium design elements, distinguishing it from the standard Avatr 12.
Nio has formed a strategic partnership with battery manufacturer CATL to develop a battery-swapping network for its passenger vehicles, aiming to standardize technology in the sector. CATL will invest up to 2.5 billion yuan (approximately US$347 million) in Nio’s energy business, enhancing cooperation and efficiency in the electric vehicle industry. This collaboration seeks to strengthen both companies' positions in the electric vehicle and energy markets.
Nio and CATL have signed a strategic agreement to jointly develop the world's largest battery swap network for passenger vehicles, enhancing capital and business synergies. This collaboration will leverage CATL's Choco-Swap technology and aims to establish unified battery standards, promoting efficiency and reducing costs in the new energy vehicle value chain. CATL is set to invest up to RMB 2.5 billion in Nio Power, further solidifying their partnership.
CATLOKI USD
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
global ev battery market share dominated by catl and byd in early 2025
Volkswagen AG
XIAOMI-W
Samsung SDI Co., Ltd.
EVE Energy Co., Ltd.
Tesla, Inc.
Panasonic Holdings Corp
Gotion High-tech Co.,Ltd.
Li Auto Inc.
LG Energy Solution, Ltd.
CATLOKI USD
Mercedes-Benz Group AG
HKG
JPN
KOR
CHN
Show more
04:51 08.04.2025
catl seeks controlling stake in nio power amid strategic investment talks
Offshore Chinese Yuan
United States Dollar
NIO Inc.
Sinopec Group
CATLOKI USD
CHN
William Li
Shen Fei
Stanley Qu
Show more
11:17 07.04.2025
Hong Kong IPO market thrives amid AI excitement and renewed investor interest
08:25 03.04.2025
Kia partners with Huawei for smart cockpits in upcoming Chinese electric vehicles
United States Dollar
XIAOMI-W
Baidu, Inc.
Kia Corporation
Hyundai Motor Company
CATLOKI USD
KOR
CHN
Show more
11:36 02.04.2025
Nio Firefly to Launch First Model with Five Color Options on April 19
04:33 31.03.2025
Avatr 06 sedan pre-sales begin ahead of April launch with multiple variants
12:33 27.03.2025
Chinese patent applications reach record high led by Huawei in 2024
XIAOMI-W
Qualcomm Inc
EVE Energy Co., Ltd.
TENCENT
CATLOKI USD
Huawei Technologies CO. Ltd.
Zhuhai CosMX Battery Co., Ltd.
Samsung Securities Co.,Ltd.
ZTE
DEU
JPN
CHN
USA
Show more
07:19 26.03.2025
avatr launches limited edition 012 luxury sedan priced at 96420 dollars
11:57 25.03.2025
Nio and CATL partner to develop battery swapping network for electric vehicles
10:47 18.03.2025
Nio and CATL partner to build world's largest battery swap network
United States Dollar
Offshore Chinese Yuan
NIO Inc.
CATLOKI USD
CHN
William Li
Shen Fei
Yang Jun
Robin Zeng
Show more
04:20 18.03.2025
Trending
Subcategory
Industry Trends
Corporate News
Startups & Entrepreneurship
Global Trade Developments
Retail and Consumer Goods
Stock Market Updates
Supply Chain Management
Government Economic Policies
Fintech Startups
Industry Mergers & Acquisitions
Private Equity Deals
Venture Capital Investments
CEO Changes
AI Applications
Funding Rounds & Investments
Economic Indicators
Emerging Startups
Corporate Social Responsibility
Inflation and Monetary Impact
AI Innovations
Countries:
Companies:
Apple Inc.
Grab2Go AS
Google Inc.
OLA ELECTRIC MOBILITY LTD
NVIDIA Corp
Amazon.com, Inc.
Microsoft Corporation
EFG Hermes Egypt
Broadcom Inc.
The Goldman Sachs Group, Inc.
JPMorgan Chase & Co.
XIAOMI-W
Tesla, Inc.
LG CNS
Delhivery Limited
Ecom Express Ltd.
Scripbox.COM India Ltd.
SK hynix Inc.
Tesmec S.p.A.
OpenAI ERC USD
Currencies:
United States Dollar
Indian Rupee
Chinese Yuan
Japanese Yen
Euro
United Arab Emirates Dirham
South Korean Won
Pakistani Rupee
Egyptian Pound
Saudi Riyal
Brazilian Real
Qatari Riyal
Indonesian Rupiah
Vietnamese Đồng
Hong Kong Dollar
Offshore Chinese Yuan
Canadian Dollar
Malaysian Ringgit
Swiss Franc
New Zealand Dollar
People: