BYD has launched the Song Ultra EV in China, starting at just under $22,000. The new EV is one of the first to be equipped with its Blade Battery and Flash Charging, enabling recharge times in as little as 5 minutes. In less than a month, the electric SUV secured over 37,000 orders. This significant demand is a testament to the appeal of BYD's Flash Charging technology, which is set to revolutionize the EV industry. With the ability to charge in just 5 minutes, the Song Ultra EV is an attractive option for consumers looking for a convenient and efficient driving experience. As the EV market continues to grow, BYD's innovative technology is likely to play a major role in shaping the industry's future. Electrek

CATL is considering selling up to $5 billion in stocks to raise funds for expansion. According to reports, the company has already begun preliminary negotiations with banks regarding the potential share sale. CATL is also considering issuing convertible bonds to meet some of its financing needs. The company's decision to raise funds through a share sale is likely driven by its plans to expand its operations and increase its production capacity. As one of the leading battery manufacturers in the world, CATL's expansion plans are likely to have a significant impact on the global EV industry. CnEVPost

Blue Sky Lithium Core has announced a significant increase in net profit for 2025. The company's net profit grew by 45.66% year-over-year, reaching 711 million yuan. The company's revenue also increased by 20.09% year-over-year, reaching 81.13 billion yuan. Blue Sky Lithium Core's strong financial performance is a testament to the growing demand for lithium-ion batteries and the company's ability to meet this demand. As the EV industry continues to grow, companies like Blue Sky Lithium Core are likely to play a major role in supplying the necessary materials and components. 36氪