Vehicle Sales
Xpeng continues internationalisation blitz
The Chinese firm has been expanding its global reach exponentially this year
Battery and Components
LGES EV battery lead outside China at risk
Long-dominant in its home market of China, Catl is rapidly catching LGES in in the rest of the world thanks to market-leading technology and manufacturing expertise
4 min read
South Korea's LG Energy Solution (LGES) is betting the US Inflation Reduction Act (IRA) will help it to catch up with China’s Catl, the world’s biggest maker of EV batteries.
Instead, it is getting dangerously close to losing its lead outside China as Catl and domestic rival BYD make in-roads in international markets.
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Battery and Components
EU OEMs must do more on supply chains – NGO
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Mercedes
ACC secures funding for three European gigafactories
The JV will add 80GWh to Europe's battery capacity with one of the largest financing rounds in industry history
Battery and Components
Tesla to invest in Dojo in NY state
The US automaker is putting up half-a-billion for AI project
Battery and Components
Energy storage key plank of Tesla success
Losing Q4 sales crown to BYD will not dampen Tesla's industry leader status