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Top 10 EV battery manufacturers all Asian companies; China accounts for 56% of market, Korea 26% and Japan 10%

Green Car Congress

Chinese companies make up 56% of the EV battery market, followed by Korean companies (26%) and Japanese manufacturers (10%). China-based CATL, the world’s top supplier, expanded its market share from 32% in 2021 to 34% in 2022.

Li-ion 458
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Volvo Cars inaugurates new battery assembly line at Ghent manufacturing plant

Green Car Congress

Volvo Cars formally inaugurated a new battery assembly line at its Belgian manufacturing plant in Ghent, where it will start building its first fully electric car, the XC40 Recharge P8, later this year. The Ghent plant will provide important learnings to other manufacturing sites in terms of process optimisation and efficiency.

Volvo 530
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Ford to manufacture Mustang Mach-E in China; localized production of GT as well

Green Car Congress

Ford announced that Mustang Mach-E, its first global pioneering SUV built on an all-new, all-electric platform, will be manufactured in China by Changan Ford for local customers. Mustang Mach-E will become available in China later this year. Ford is investing more than $11.5 billion in electric vehicle development through 2022.

China 353
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Benchmark bumps BYD up to top tier of EV battery manufacturers; 2nd China cell maker on list

Green Car Congress

Benchmark Mineral Intelligence has elevated Chinese lithium-ion battery cell and automaker BYD to Benchmark’s top tier EV battery cell manufacturer status joining CATL, Envision AESC, LG Energy Solution, Panasonic, Samsung, and SK Innovation as tier one cell manufacturers. Qualified to supply domestic Chinese EV manufacturers.

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New USGS methodology identifies 23 mineral commodities the supply of which poses greatest risk to manufacturing

Green Car Congress

Researchers at the US Geological Survey (USGS) and its partners have developed a new methodology to identify which mineral commodities important to US manufacturing are at greatest risk to supply disruption. Manufacturers of new and emerging technologies depend on mineral commodities that are currently sourced largely from other countries.

Supplies 529
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China Yuchai launches China’s first operating hydrogen engine for commercial vehicles

Green Car Congress

—Weng Ming Hoh, President of China Yuchai. We look forward to the commercialization of hydrogen-powered engines in the future to meet the needs of our diversified customer base and to contribute to improving the environment.

Hydrogen 518
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Benchmark Mineral Intelligence: global battery gigafactory pipeline tops 300; China dominates

Green Car Congress

China continues to dominate gigafactory announcements, but North America and Europe have seen significant growth over the past two years thanks in part to automaker and battery manufacturer joint ventures. In 2031, China is set to have almost 4,500 GWh of gigafactory capacity, representing 70% of global capacity.

China 433