Guotai CSI Environmental Protection 50 ETF Stock (159861.SZ) Real-time Quotes - Financial Data - Analyst Ratings

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Guotai CSI Environmental Protection 50 ETF

159861.SZ

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China’s EV battery giants wade into shipbuilding to bolster Beijing’s dominance

China's leading EV battery makers, CATL and Gotion High-tech, are expanding into shipbuilding to support Beijing's dominance in the industry. CATL plans to launch a pure electric vessel in three years, while Gotion's battery packs power a ship with 132 standard containers. China's shipbuilding firms held 65% of global orders in 2025. The US and South Korea are also increasing efforts in shipbuilding. Jiangnan Shipyard plans to build the world's first nuclear-powered container vessel by 2035.

南华早报·Yesterday at 09:05

南华早报·Yesterday at 09:05

China Nov EV battery installations: CATL holds 43.71% share, BYD 20.36%

In November, China's EV battery installations reached 93.5 GWh, a 39.2% year-on-year increase. CATL led with a 43.71% market share, up 0.71 percentage points from October, while BYD held 20.36%, down 0.93 points. Ternary and LFP battery installations rose significantly, with CATL dominating both markets. China's total battery production was 176.3 GWh, a 49.2% increase year-on-year. CATL and BYD's global market share from Jan-Oct 2025 was 38.1% and 16.9%, respectively.

CnEVPost·12/12/2025 19:19