NIO plans to begin construction of a battery manufacturing facility in Shanghai in H2 2026, focusing on next-generation battery technology. The company has already made moves in solid-state batteries, collaborating with multiple institutions to explore oxide and sulfide technology paths. EX1000.COM
2012 days ago
CATL released H1 2026 report: revenue of 276.9B yuan up 54.8% YoY, net profit 43.28B yuan up 42%. Domestic power battery market share reached 46.7%, overseas share 33.7%. EX1000.COM
3962 days ago
Putailai released its H1 2026 performance forecast, with net profit attributable to shareholders expected to reach 1.4-1.5 billion yuan, up over 30% year-on-year. Driven by global energy transition and booming battery material exports, the company's core business maintains robust growth momentum.
2189 days ago
The China Automotive Power Battery Industry Innovation Alliance released June 2026 data showing sustained high-speed growth in the power battery sector. Combined production of power and energy storage batteries reached 206.0 GWh in June, up 59.5% YoY. Combined sales hit 196.0 GWh, up 49.1% YoY. Energy storage battery growth (67.5%) significantly outpaced power batteries (41.8%), with export share continuing to climb.
32710 days ago
On July 16, 2026, China's Ministry of Finance, Customs, and Taxation jointly announced that lithium battery consumption tax will be restored from September 1, 2026, ending the 11-year battery tax exemption. The first-year rate is 2%, rising to 4% from September 2027. Industry estimates suggest pure EV manufacturing costs will increase by RMB 396–1,200 per vehicle. This is seen as a key signal of NEV tax incentives gradually phasing out and aligning with ICE vehicle taxation.
55411 days ago
Chuneng Auto's first Engineering Trial prototype has rolled off the line, marking the startup's formal transition from engineering data phase to real-vehicle validation, jointly backed by Hengxin Auto Group and Chuneng New Energy.
28417 days ago
EX1000
