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CATL, the world’s largest battery maker, is now becoming the fastest as well, thanks to state-of-the-art production lines at its new battery base in China. The developer says its new assembly lines can produce a battery cell per second and an entire EV battery pack in under three minutes.

CATL remains the undisputed leader in EV battery development, not only in China, where it is headquartered, but around the world. Despite a slight drop in net profits in Q3 of this year, CATL looks like it will maintain its crown in 2024 as the largest shareholder in the battery market – a title it has already held for six straight years.

CATL’s share of over 30% of the entire market is no accident either. It continues to develop and produce some of the most advanced battery tech out there. Its energy-dense Qilin batteries have begun rolling out within ZEEKR EVs out of China, and we’ve even seen the company look to the skies by developing cells to support all-electric aviation.

The company has even introduced its own EV startup alongside Chinese tech company Huawei. In August, the company introduced a lithium-iron-phosphate (LFP) cell called ShenXing – capable of recouping 400km (249 miles) of range during a single 10-minute fast charge.

As CATL’s battery lineup continues to expand, so has its global production footprint. Just recently, the company began operations at a new production base in China, with assembly speeds that should help it keep a leg up on the competition.

CATL battery
Credit: Shi Zhaochang/Xinhua

CATL’s opens new highly automated battery base in China

According to a press release from CATL, operations commenced at the new battery facility located in the Guian New District of southwest China’s Guizhou province on October 27. The location is CATL’s latest home to power and energy storage battery production.

The 235+ acre site will eventually support two phases of the production base, the first of which is now complete and designed to deliver an annual production capacity of 30 GWh. CATL states that the first phase of the battery production base costs approximately RMB 7 billion ($957 million) and utilizes an advanced production line with an automation rate of 95%, delivering “a high production pace and high flexibility.”

Speaking of high pace, CATL relayed that the process from material feeding to a finished battery product is down to one cell per second and one entire battery pack in 2.5 minutes. When phase two is complete, CATL’s battery production capacity in Guizhou is expected to double to 60 GWh.

There is no timeline yet on when that next phase will begin construction.

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Genesis is about to launch a slew of new luxury EVs and hybrids: Here’s what’s coming

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Genesis is about to launch a slew of new luxury EVs and hybrids: Here's what's coming

Genesis is turning 10, and it’s celebrating with a few big surprises. The rising luxury brand is rolling out a slate of new hybrids and EVs, including an ultra-luxe flagship SUV and off-roader.

Genesis gears up for new EVs, hybrids, and EREVs

Hyundai’s luxury brand has quickly emerged as a dark horse in the luxury market. Genesis is celebrating its 10th anniversary with a bang.

By 2030, the brand aims to sell 350,000 vehicles annually. Genesis is launching a new lineup, including its first hybrid, a new flagship SUV, an off-roader, and several performance vehicles.

Hyundai confirmed during its CEO Investor Day on Thursday that Genesis will launch several new models soon, including new EVs, hybrids, and extended-range vehicles (EREVs).

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Genesis will launch its first hybrid in 2026, followed by EREVs shortly after. At least two new SUVs are set to join the lineup, a full-size flagship model and an off-roader.

Hyundai said the new luxury SUVs will be based on the Neolun and X Gran Equator concepts. Although we have yet to learn all the details, the Neolun is expected to arrive as the GV90, an “ultra-luxe,” full-size flagship electric SUV. The X Gran Equator concept is a more rugged, luxury off-road SUV.

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Genesis Neolun ultra-luxury electric SUV concept (Source: Genesis)

Genesis plans to expand the brand into up to 20 European markets while strengthening its presence in the US. Those in the US will see the first hybrid Genesis vehicles roll out, starting in 2026.

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Genesis X Gran Equator Concept (Source: Genesis)

The luxury brand will also launch its first EREV, which Hyundai promises will deliver over 600 miles of range by using a battery and a gas engine that acts as a backup generator.

Genesis is entering “the realm of high-performance vehicles” with its new Magma brand. The first performance model, the GV60 Magma, will arrive later this year.

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Genesis GV60 Magma testing with other Magma vehicles (Source: Genesis)

In under eight years, the Genesis brand sold a total of over 1 million vehicles. Over the next few years, it’s betting on new EVs, hybrids, advanced tech, sleek designs, and more to solidify its position in the luxury space.

Hyundai is also launching new vehicles across nearly all powertrains and segments. Check out our recap of Hyundai’s CEO Investor Day to see what’s coming.

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Is the Chevy Equinox EV the best bang for your buck?

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Is the Chevy Equinox EV the best bang for your buck?

Starting at under $35,000 with up to 319 miles of range, class-leading tech, and more, the Chevy Equinox EV is hard to beat. But, is “America’s most affordable 315+ miles range EV,” really the best value?

The Chevy Equinox EV wins best value electric vehicle

The fastest-growing EV brand in the US is not Tesla or Rivian, it’s Chevy, largely thanks to the electric Equinox. After launching the lower-priced LT model last year, starting at just $34,995, Chevy’s electric SUV has been flying off the lot.

GM expects the Chevy Equinox EV will be the third top-selling electric vehicle in the US in 2025, behind the Tesla Model Y and Model 3.

Considering what it offers, the electric Equinox is hard to beat, but is it really the best value? According to Cars.com, it is. The online marketplace released its latest Top EV picks ahead of the Federal EV tax credit, set to expire on September 30, naming the 2025 Chevy Equinox EV the best value electric vehicle.

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The online car-shopping marketplace sifted through the 77 EV models now available, naming the best for 2026 across value, usability, performance, and technology.

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Chevy Equinox EV LT (Source: GM)

Other top EV picks included the 2026 Hyundai IONIQ 5 for best 2-Row SUV, the 2026 Kia EV9 for best 3-Row SUV, and the 2026 Hyundai IONIQ 6 for top electric car.

The 2026 Lucid Air was named the top luxury EV, while the 2026 Chevy Silverado EV took the title for top electric pickup truck.

Chevy-Equinox-EV-interior
Chevy Equinox EV interior (Source: GM)

“The federal EV tax credit helped make EVs more affordable, and while its expiration at the end of September may slow demand in the short term, it doesn’t mean the end of affordable EVs,” Aaron Bragman, Detroit Bureau Chief at Cars.com, explained.

Many automakers, including Chevy, Nissan, and Hyundai, are planning to launch lower-priced electric vehicles, while several state and local incentives will remain.

2025 Chevy Equinox EV trim Starting Price EPA-estimated Range Monthly lease Price
(September 2025)
LT FWD $34,995 319 miles $249
LT AWD $40,295 307 miles $319
RS FWD $45,790 319 miles $324
RS AWD $49,090 307 miles $367
2025 Chevy Equinox EV prices, range, and lease price September 2025 (Including $1,395 destination fee)

With leases starting at just $249 per month, the Chevy Equinox EV is hard to match right now. Chevy is offering pretty significant discounts across its entire EV lineup, including a $10,000 bonus on most models and 0% APR financing on any 2025 model year EV.

The Equinox EV is not only one of the most affordable to lease, but it’s also one of the cheapest to insure. According to a recent study from Insurify, the Chevy Blazer and Equinox are the most affordable EVs to insure.

If you’re looking to grab the savings while they are still available, we can help you get started. You can use our links below to find deals on the top electric vehicles in your area.

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$75M boosts EV Realty’s first big rig charging hub in California

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M boosts EV Realty’s first big rig charging hub in California

EV Realty just broke ground on its first big truck charging hub in San Bernardino, California. The site sits in a prime location: by the San Bernardino Intermodal Facility, 60 million square feet of warehouse space, and Interstates 10 and 215 – a major freight route from the Ports of Los Angeles and Long Beach.

The hub will pack 9.9 megawatts of grid capacity and 76 DC fast charging ports, including megawatt charging pull-through stalls designed for big rigs. It’s built to serve regional and short-haul fleet customers in the Inland Empire metropolitan area, a hotspot for logistics and home to nearly 17,000 medium- and heavy-duty trucks.

EV Realty’s California charging hub is backed by the South Coast Air Quality Management District. It has a conditional award from California’s EnergIIZE Commercial Vehicles Project, funded by the California Energy Commission. It’s scheduled to open later this year.

EV Realty also announced today that it’s secured another $75 million in growth equity from private equity firm NGP, with contributions from the company’s management team. The funding will help scale its Powered Properties portfolio, including construction of the San Bernardino hub.

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Founded in 2022, EV Realty is focused on delivering turnkey, scalable charging solutions for commercial truck fleets. Last month, it partnered with Prologis to give drivers charging access across both networks. Earlier this year, EV Realty acquired a portfolio of assets from charging provider Gage Zero.

Read more: Greenlane launches a second long-haul EV truck corridor pilot


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