CLA - Cobalt related news, page-2710

Step up in production for CATL. they are not making batteries out of air (yet).

https://www.adamasintel.com/catl-capacity-deployed-march-2019/

CATL Deploys 553% More Passenger EV Battery Capacity in March 2019 than Year Prior

May. 6, 2019

CATL outperforms the market by a factor of almost five

In March 2019, total passenger EV battery capacity (in MWh) deployed globally with CATL cells was 553% higher than the same month the year prior, according to Adamas Intelligence’s “EV Battery Capacity Monthly”.
Over the same period, total passenger EV battery capacity deployed increased by a lesser 94%, meaning that CATL outperformed the market by a factor of almost five.
In March 2019, CATL was responsible for 13% of all passenger EV battery capacity deployed globally, slightly less than compatriot BYD, and less than half the market share of Panasonic.