DALIAN, China, June 11, 2025 (GLOBE NEWSWIRE) -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy" or the "Company"), a leading manufacturer of lithium-ion and sodium-ion batteries and a provider of comprehensive electric energy solutions in China, today announced that members of its Research & Development and Sales teams recently visited China First Automotive Works (FAW) Group Co., Ltd. at the company’s headquarters in Changchun, Jilin Province. The delegation was led by Mr. Suijun Shang, Princip ...

PPG Industries, Inc. (PPG) confirmed that it will feature total-system solutions for electric-vehicle battery packs at The Battery Show Europe. The event is set to take place from June 3 to June 5 at the Messe Stuttgart exhibition center.The show will enable the visitors to discover how the company’s advanced coatings EV total system solutions drive innovation, enhance performance and mitigate thermal runaway while increasing manufacturing efficiency through automated application processes. PPG will utilize ...

Core Insights - Full-size trucks have historically provided significant margins and profits for Detroit automakers, making them essential to the U.S. market [1][2] - The transition to electric vehicles (EVs) presents challenges for full-size trucks, particularly due to the high costs and weight of powerful batteries [3][4] Group 1: Electric Truck Challenges - Manufacturing costs for full-size electric trucks are expected to be higher than traditional trucks due to expensive battery requirements [3][4] - Industry experts, including Lucid's former CEO, acknowledge the difficulties in making electric pickups viable in the current market [5] Group 2: General Motors' Innovations - General Motors has developed a new battery cell in collaboration with LG Energy Solution, which aims to reduce costs while maintaining range [6][8] - The new lithium manganese-rich (LMR) battery is projected to deliver over 400 miles of range on a single charge, significantly lowering battery costs [8] Group 3: Future Outlook - The advancements in battery technology by GM are indicative of a broader trend where automakers will need to explore various battery chemistries and sizes to optimize performance and costs [9] - The introduction of GM's new battery is expected to enhance the profitability and margins of electric trucks, similar to their gasoline counterparts, which is crucial for attracting more consumers [10]