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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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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. Supplier to domestic Chinese EV market.

BYD 389
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Volkswagen Group China unveils its first eVTOL passenger drone prototype: V.MO

Green Car Congress

Volkswagen Group China unveiled its first electric Vertical Take-Off and Landing (eVTOL) passenger drone prototype, as part of its strategy to explore and break new ground in fully electric and sustainable individual mobility concepts. Stephan Wöllenstein, CEO of Volkswagen Group China. In the first phase of its commercial use, V.MO

China 432
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Dürr expands market access in battery manufacturing technology with cooperation with Techno Smart

Green Car Congress

Dürr is positioning itself in this growth market as a supplier of production technology and is expanding its market access to battery manufacturers through a cooperation with Techno Smart, a leading Japanese manufacturer of coating systems. Dürr is now bringing the coating specialist’s technology on board.

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Tesla China earns “Automotive Privacy” certification in China

Teslarati

Tesla became one of the first automakers in China to earn a “Vehicle Privacy Protection” certification. This was according to an announcement from the China Association of Automobile Manufacturers and the National Computer Network Emergency Response Technical Team/Coordination Center of China.

China 113
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Renault and Geely sign MOU on joint cooperation in China and South Korean Markets focused on hybrids

Green Car Congress

Renault Group and Geely Holding Group, China’s largest privately-owned automotive group, announced an MoU framework agreement to create a cooperation focused on China and South Korea as initial key core markets. The focus will be on hybrid vehicles in the fast-growing Asian markets.

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BMW Group announces local production of NEUE KLASSE in China from 2026, new gen 6 battery plant

Green Car Congress

(BBA) joint venture, Milan Nedeljković, member of the Board of Management of BMW AG responsible for Production, announced local production of the NEUE KLASSE in China. Following the market launch in 2025, models of the next vehicle generation will also be produced from 2026 onwards by BBA in Shenyang.

BMW 457