Tag: EV market

Tesla’s stock defied gravity for years, but is Elon Musk’s EV party over?

Tesla’s stock defied gravity for years, but is Elon Musk’s EV party over?

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Tesla’s stock has dropped by nearly half in three months. Even so, investors are still debating whether Elon Musk’s electric-vehicle maker remains overpriced. The company’s market capitalisation has dropped 45% since hitting an all-time high of $1.5 trillion on December 17, erasing most of the gains the stock made after CEO Musk helped finance the […]

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China’s CATL to produce next-generation EV battery in 2023

China’s CATL to produce next-generation EV battery in 2023

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CATL’s new battery, called Qilin, will boost volume utilisation rate to 72%, the world’s highest, versus 50% for its first generation launched in 2019 CATL’s new battery, called Qilin, will boost volume utilisation rate to 72%, the world’s highest, versus 50% for its first generation launched in 2019 Chinese battery giant CATL will start mass […]

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