BYD will supply Daimler with Blade Batteries

SNE Research reported that the global EV battery market has recorded a 38.6% YoY growth in Q1 of 2023. The total amount of energy held by batteries for pure EVs, PHEVs, and HEVs was around 133 GWh. CATL remains the top market player with a growth rate of 35.9% and 35% market share. BYD experienced a staggering growth in the Q1 of 115.5% but ranks second in market share with 16.2%. LGES is third with a growth rate of...

5 May 2023

BYD introduces a new brand and new technology to the UK automotive marketplace. The all-new, all-electric BYD ATTO 3 is now available to order in the UK with customer deliveries starting from 15 March 2023. The first BYD ‘Pioneer’ stores will open imminently and are situated along the spine of UK including Birmingham, Manchester, Glasgow and Milton Keynes. The new BYD ATTO 3 is a spacious C-Segment SUV, combining...

8 March 2023

According to SNE Reasearch, the global battery usage for 2022 has been 518GWh - a 517.9% growth YoY. For this year, the research agency expects 749 GWh of batteries to be deployed in EVs, PHEVs, and HEVs. Being a South Korean company, SNE Research pays special attention to the three local companies that are major players in the EV battery market - Samsung SDI, SK On, and LG Energy Solution. Their production is...

8 February 2023

BYD presented its new luxury model BYD Seal and the limited edition of BYD ATTO 3 in its iconic color Forest Green at the Indian Auto Expo 2023. BYD Seal, whose sales have exceeded 50,000 within 5 months in China, is planned to be launched in India by Q4 2023. As the All-New e6 and BYD ATTO 3 are already available in the local market, BYD Seal will be the third passenger EV released in India within two years. BYD...

12 January 2023

Toyota has announced the second model from its all-electric bZ series - the Toyota bZ3. This model is created for the Chinese market by BYD Toyota Technology Co., Ltd. - a joint venture established by Toyota and BYD Company Ltd. (BYD) - and FAW Toyota Motor Co. Ltd. (FAW Toyota). It will be produced by and sold through the FAW Toyota dealer network. In developing the bZ3, Toyota, BTET, and FAW Toyota worked closely...

25 October 2022

BYD arrives in Europe with three new pure-electric passenger vehicles. These include the BYD ATTO 3, a C-segment SUV, designed with the European customer in mind, the BYD TANG, a 7-seater with variable all-wheel drive, and the sleek and sporty sedan BYD HAN. The European market is not entirely new to BYD. BYD’s European headquarters are based in Rotterdam in the Netherlands; its home since 1998 with branches in the...

17 October 2022

Market research agency Counterpoint reports that the global passenger EV sales grew 61% YoY to reach 2.18 million units in Q2 2022. In total EV sales, battery electric vehicles (BEVs) accounted for almost 72%, and plug-in hybrid electric vehicles (PHEVs) for the rest. China remained the market leader in EV sales, followed by Europe and the US. China's EV sales increased by almost 92% YoY in Q2 2022 to reach 1.24...

29 August 2022

The three leading commercial vehicle manufacturers Volvo Group, Daimler Truck, and the TRATON GROUP have now signed a binding agreement to create a joint venture (JV) to install and operate a high-performance public charging network for battery electric, heavy-duty long-haul trucks and coaches across Europe. As previously communicated, the parties are committed to initiating and accelerating the necessary build-up...

16 December 2021

Daimler AG's Supervisory Board, at its meeting on December 2, approved the Mercedes-Benz Business Plan for 2022 to 2026, endorsing the strategic plan for Mercedes-Benz to go fully electric. Following the Daimler Truck spin-off, Mercedes-Benz will consistently focus on profit and growth opportunities in the passenger car and vans businesses. The most valuable luxury brand in the world will strive for leadership in...

3 December 2021

Mercedes-Benz will build ultra-high-performance axial-flux electric motors at its Berlin site, as the world's pre-eminent luxury car brand prepares to go all-electric by 2030, where market conditions allow. With the transformation of the Berlin site, Mercedes-Benz will reach new digitalization and electrification milestones on the way towards a sustainable and emissions-free future. By insourcing further electric...

18 November 2021

Daimler announced that the Mercedes-Benz EQB enters production this month. In Europe, the all-electric compact SUV will be launched as: Mercedes-Benz EQB EQB 300 4MATIC with 168 kW (combined electrical consumption NEDC: 16.2 kWh/100 km), 419 km WLTP range. Mercedes-Benz EQB EQB 350 4MATIC with 215 kW (combined electrical consumption NEDC: 16.2 kWh/100 km), 419 km WLTP range. Further variants to meet specific...

6 September 2021

In a couple of hours, Mercedes is will present its strategy update which we expect to be dedicated to unveiling the new all-electric architecture by the brand named Electric Vehicle Architecture (EVA). During the October 2020 event which set out the broader company strategy, Mercedes said that this platform will be unveiled in 2021. To celebrate the upcoming event, Mercedes teased the Vision EQXX concept on its...

22 July 2021

According to SNE Research, CATL ranks first in the global EV battery market for the first five months of 2021. Its market share for January-May 2021 is 31.2% compared to 22% for January-May 2020. However, if we look at the GWh installed, the YoY growth reaches a staggering 272.1% from 7.4GWh in 2020 to 27.6GWh in 2021. LG Energy Solutions is second with 23.1% market share for January-May 2021 and a 166.7% growth in...

2 July 2021

Several companies have initiated a "Responsible Lithium Partnership" aiming to work towards responsible natural resource management, including lithium, in Chile's Salar de Atacama. This cross-industry partnership is funded at its inception by Volkswagen Group, BASF, Daimler AG, and Fairphone. The partnership intends to foster a dialogue among local stakeholders, generating and synthesizing scientific facts and...

9 June 2021