EV battery

SK On targets US energy storage market in shift from EVs

The Seoul-based company is playing catching up in the fast-growing LFP market

CATL’s share of the global market for lithium-ion batteries for energy storage systems remained unchanged at 30% last year.

China’s CATL beats estimates as battery profit growth quickens

The company also faces intensified competition this year, and China’s auto market is on track for the worst year since 2020

SK has a second battery plant in Georgia that will supply Hyundai and is expected to start production in the first half of 2026.

South Korean EV battery maker SK lays off 958 workers in Georgia

The company says that it’s pursuing customers in the automotive and stationary storage space

BYD is aligning with China’s latest initiative to double the number of charging facilities in three years.

BYD unveils faster-charging Blade Battery to revive China sales

The EV maker aims to expand fast charging network to 20,000 stations by end-2026

The Zeekr 7X Performance AWD has two motors that pack 646 horsepower.
THE STEERING COLUMN

Zeekr 7X review: A taxing situation

The Zeekr 7X has Scandinavian design, a better-than-German interior and a uniquely Singaporean problem

Vale Indonesia is one of the country's longest-operating miners.

Indonesian nickel giant Vale digs deeper into battery-grade nickel

World’s second-largest nickel miner is investing US$9 billion to make EV battery materials even as iron-based packs go mainstream

Chinese technology companies are paving the way for a world that will be powered by electric motors rather than gas-guzzling engines.

Trump is obsessed with oil, but Chinese batteries will soon run the world

China isn’t just building gigantic amounts of power – its businesses are also reshaping technological foundations to electrify the world

Ford has sourced batteries from BYD since 2020 for its joint-venture Chinese factories with state-owned Changan Automobile.

Ford in talks to use BYD batteries for overseas factories

Hybrid sales have grown worldwide as the market for pure EVs has slowed

Contemporary Amperex Technology Limited (CATL) led the drop with a decline of as much as 4.8% in onshore trading on Jan 12.

China battery shares drop on plan to cut export tax rebates

From April, discounts on 22 battery-related goods will be cut from 9% to 6%, with a complete removal planned from 2027 

Chinese EV giant BYD became the top-selling brand in Singapore in 2025.

More Singapore drivers plan to return to petrol cars as EV interest dips: EY study

Respondents cite lingering anxieties over charging infrastructure and hidden costs