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    Ford’s bold bid for the next big thing
    How cars are built and the concept of the moving assembly line are culturally ingrained in the automotive industry. Every now and again, the automotive industry goes through phases of trying to do things differently. Ford is the latest in a long line of automakers to try and innovate. Electrification, the rise of Tesla, the often best-in-class levels set by mainland Chinese original equipment manufacturers for digital vehicle attributes, and ever-increasing and accelerating new vehicle prices...
    Insights
    The push for domestic chip supply in mainland China's automotive sector
    The mainland Chinese automotive industry is transforming rapidly and becoming increasingly competitive on a global scale. From electric cars to autonomous shuttles, mobility is being redefined, and semiconductors are at its core. Mainland Chinese original equipment manufacturers are doubling down on semiconductor control to fuel their next tech leap, ready to take bigger risks and move faster with bold, strategic investments. There is a strategic emphasis on local supply chains and "silicon s...
    Insights
    Risk analysis of building gigafactories in Europe
    Europe and the UK region have witnessed a few high-profile battery companies abruptly filing for insolvency in the recent past, leaving behind a noteworthy setback for the region’s local battery production ambitions. UK’s promising battery startup Britishvolt, which was once hailed by the country’s prime minister, filed for insolvency in January 2023. It was soon followed by the Swedish battery company Northvolt, which represented Europe’s hopes to compete with China’s hegemony in t...
    Insights
    CATL rolls out cell-to-pack battery repair service
    CATL, the world's largest battery-maker, has introduced a cell-to-pack (CTP) battery repair service. The service is rolled out under its independent aftermarket brand Ning Service on Aug. 10, marking the first anniversary of its new brand of services. This launch coincides with new-energy vehicle (NEV) penetration exceeding 50% and the end of the warranty period for many NEVs, highlighting challenges in aftersales service, such as high costs and repair difficulties. The demand for b...
    News
    CATL confirms suspension of operations at Yichun lithium mine in mainland China
    CATL has confirmed the suspension of production operations at a significant lithium mine in the Yichun area of Jiangxi province in mainland China, following the expiration of its mining permit on Aug. 9. The company is in the process of expediting the permit renewal and intends to resume operations once approval is received, saying the suspension will have a minimal impact on its overall operations. A local media outlet, Cailian, reported that while the mining permit for CATL's Jianxi...
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    CATL suspends production at a major lithium mine in Yichun for three months
    CATL has reportedly suspended operations at its significant lithium mine in Jianxiawo, Yichun, in the Jiangxi province of mainland China. While unfavorable for CATL, the development might benefit other lithium producers who have endured prolonged price suppression. The cessation of operations is attributed to CATL's inability to renew a vital mining license that expired Aug. 9. The company is in discussions with government agencies to extend the license but is preparing for a closure las...
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    General Motors to temporarily import batteries from CATL amid plans for domestic LFP production
    General Motors (GM) plans to import electric vehicle batteries from the mainland Chinese company, CATL, as a temporary measure while it works on producing its own lower-cost batteries with lithium iron phosphate (LFP) chemistry. This decision aligns with practices by other US automakers who have relied on foreign suppliers for LFP battery sourcing to maintain competitiveness. GM said that its Chevrolet Bolt will feature LFP technology and noted that it sells 12 EVs in the US with domestically...
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    CATL signs agreement with Car Inc. to accelerate deployment of EVs with swappable batteries
    CATL has entered into an agreement with Chinese mobility services company Car Inc. to promote vehicles that align with its battery-swap standard. The agreement, which involves CATL's subsidiary Contemporary Amperex Energy Service Technology (CAES), Car Inc. and CMB Leasing, was signed at CATL headquarters in Ningde, Fujian province. This partnership aims to integrate the battery-swap model into the car rental industry, with Car Inc. planning to introduce models that support CATL's Choco-SEB b...
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    CATL's Q2 net profit rises by 34% amid competitive EV market in mainland China
    Mainland Chinese electric vehicle battery-maker CATL experienced an increase in net profit growth in the second quarter, despite challenges from a competitive EV market in mainland China. The company reported a 34% (32.9% in the first quarter) rise in net profit, reaching 16.5 billion yuan (about $2.3 billion), and an 8.3% (6.2% in the first quarter) increase in revenue to 94.2 billion yuan. For the first half of 2025, CATL's profit grew by 33%, with revenue up by 7.3%. The mainland Chinese a...
    News
    CATL builds a network of over 400 battery-swap stations for electric cars in China
    CATL, China's largest battery manufacturer, has built a network of more than 400 battery-swap stations for passenger vehicles across the territory as of the end of July. The company aims to build 1,000 such battery-swap stations by the end of 2025. The company's battery-swap operations for passenger vehicles and heavy-duty trucks are advancing smoothly, with approximately 100 battery-swap stations for heavy-duty trucks already completed, expecting to reach about 300 by year-end...
    News
    BASF and CATL enter into global collaboration for cathode materials
    BASF Battery Materials and Contemporary Amperex Technology Co. Ltd. (CATL) have entered into a framework agreement to collaborate on cathode active materials (CAM). This agreement establishes BASF as a significant supplier for CATL, as they will work together on a global level. BASF will leverage its global production network to support CATL's worldwide operations. Daniel Schönfelder, president of BASF's Battery Materials division, expressed pride in partnering with CATL, emphasizing BASF's ...
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    Kia selects CATL's NCM battery for domestic release of EV5 electric SUV
    Kia Corp. has chosen CATL's ternary chemistry nickel cobalt manganese (NCM) battery for its domestic release of the compact electric sport utility vehicle EV5, scheduled for launch in September. Initially, Kia also considered BYD's lithium iron phosphate (LFP) battery for the domestic model, which is used in the mainland Chinese-market version of the EV5. However, despite its cost-effectiveness, Kia found BYD's battery unsuitable for the domestic market. CATL's NCM battery is more expens...
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    Concerns grow among Korean battery-makers as Hyundai Group increases Chinese battery usage
    Concerns are mounting regarding South Korean battery manufacturers potentially losing their foothold in the domestic electric vehicle market due to Hyundai Motor Group's increasing use of mainland Chinese batteries. Kia plans to launch the EV5 in South Korea using CATL's nickel-cobalt-manganese (NCM) batteries late in 2025, following the sport utility vehicle's assembly at the Gwangju, South Korea, plant. Previously, Kia used BYD's lithium iron phosphate (LFP) batteries for the EV5 in mainlan...
    News
    Nio reaches 80 million battery-swap milestone in Greater China
    Nio, a Shanghai-based electric-car maker, has surpassed the milestone of 80 million cumulative battery-swap services in Greater China. The company achieved the feat just under four months after hitting the 70 million mark. On average, Nio has been performing approximately 97,000 battery swaps daily during July, with a swap occurring every 0.88 seconds. Nio operates about 3,405 battery-swap stations across Greater China, including a network of 1,000 stations along highways. These swa...
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    CATL, BHP sign agreement to explore battery technologies to advance sustainable mining
    CATL has signed a memorandum of understanding (MOU) with BHP Group to collaborate on battery technology and electrification projects. The collaboration will cover the development of batteries for mining equipment and locomotives, and the exploration of rapid charging infrastructure and energy storage systems for BHP's mining applications. Additionally, the partnership aims to investigate battery recycling options. CATL, recognized globally for its new energy technologies, is focused on buildi...
    News
    JAC Group, CATL subsidiary Evogo complete battery-swap test for commercial vehicles in mainland China
    Mainland Chinese automaker JAC Group, in partnership with battery manufacturer CATL and its subsidiary Evogo, has conducted a successful integrated battery-swap test for commercial vehicles using CATL's Choco-SEB battery system. The test, which allows a complete battery replacement in just 150 seconds, represents a significant advancement in energy efficiency for electric logistics fleets. The trial underscores efforts to diminish charging time for electric commercial vehicles, enhancing oper...
    News
    Nio’s battery asset operator Mirattery signs strategic deal with CATL
    Mirattery, Nio's battery asset operator, has partnered with CATL, marking an increased interest from the Chinese battery giant in the battery-swap business. The companies have signed a strategic cooperation agreement in Hefei, Anhui province, to deepen cooperation in areas including capital, technology and business models. The agreement between the two companies includes equity investment, battery rental service operations, user services, and the coconstruction and sharing of battery-swap net...
    News
    Zeekr unveils 900-volt high-voltage SEA-S hybrid platform
    Zeekr, a premium EV unit of Geely, has introduced a new hybrid platform named SEA-S and plans to begin pre-sales of its first model based on this platform, the Zeekr 9X, which is a full-size luxury sport utility vehicle (SUV), at the end of next month. Zeekr's SEA-S platform is described as the industry's first luxury hybrid-exclusive platform, built on a pure electric architecture and the world's first full-stack 900V high-voltage hybrid platform. Zeekr's Super Hybrid System, based o...
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    Ford's Michigan EV battery plant on track for tax credits amid legislative changes
    Ford Motor Co. said that its $3 billion electric vehicle battery plant in Michigan, US, which is 60% complete, is on track to qualify for production tax credits following revisions in a recent tax and budget bill. In May, the company had raised concerns that the US government might eliminate these credits due to the plant's use of mainland Chinese technology for battery manufacturing, as outlined in an earlier version of the legislation. The Michigan plant, situated in Marshall and expected t...
    News
    CATL launches two battery production lines inside Seres’ EV factory in Chongqing
    In a first-ever move, Contemporary Amperex Technology Ltd. (CATL), the world's largest manufacturer of electric vehicle batteries, has launched its production lines inside a carmaker's factory to produce and supply customized battery cells. According to the report published by Yicai Global on July 1, CATL has commenced operations at a production line installed at a factory owned by Seres Group for the latter's premium EV brand Aito.  Two CATL Cell-to-Pack 2.0 production lines have b...
    News
    CATL breaks ground on its JV battery plant in Indonesia
    Mainland Chinese battery-maker CATL has initiated the construction of a $6 billion battery manufacturing plant in Indonesia, according to a report by CnEVPost dated June 30. The project is a collaboration between CATL, Indonesia's state-owned Indonesia Battery Corp. and PT Aneka Tambang, located in Karawang regency, West Java province. The battery plant should have a capacity of 15 GWh per year, sufficient to power between 250,000 and 300,000 electric vehicles, according to Indonesian En...
    News
    50% of new battery production could be decoupled from virgin raw materials within 20 years: CATL
    During London Climate Action Week, CATL and the Ellen MacArthur Foundation discussed their goal of transitioning to a circular battery economy by decoupling new battery production from the use of virgin raw materials. This approach aims to achieve meaningful sustainability and growth without relying on the extraction of critical materials used in battery production. Both entities that forged a strategic partnership earlier in the year have been working on applying circular economy principl...
    News
    CATL executive warns of risks from EV discount war in Greater China, urges government to step in
    A senior executive from Contemporary Amperex Technology Limited (CATL), the largest manufacturer of EV batteries, has called for authorities in mainland China to intervene to address the ongoing price war in the new-energy car market. Ni Jun, CATL's chief manufacturing officer, emphasized that the discount war will not end unless Beijing steps in, as the strategy of reducing prices to gain market share threatens smaller competitors. BYD, the world's largest EV manufacturer, initiated signific...
    News
    CATL prioritizes global expansion amid persisting price war in mainland China
    Contemporary Amperex Technology Co. Ltd. (CATL), the world's largest electric vehicle battery manufacturer, is prioritizing its overseas expansion amid intense competition in mainland China's domestic EV and EV battery market. The move comes as Ni Jun, CATL's chief manufacturing officer, highlighted the unhealthy nature of the competitive landscape, which mirrors concerns previously expressed by Stella Li, BYD's executive vice president, regarding the sustainability of the ongo...
    News
    CATL commits to global collaboration and EV market growth at Belt and Road conference
    Contemporary Amperex Technology Co. Ltd. (CATL) plans to foster global collaboration and support emerging economies. Speaking at the second Belt and Road Conference on Science and Technology Exchange, Robin Zeng, chairman and CEO of CATL, highlighted the company's readiness to pursue industrial cooperation and share advanced technologies to promote global energy transition. CATL's strategy includes building factories, forming joint ventures and licensing technology to support partners ...
    News
    CATL establishes a new JV to explore robo-taxi segment
    The world's largest battery manufacturer, CATL, has made a strategic move into the robo-taxi sector by establishing a new joint venture with local partners. The new JV, Shanghai Zaofu Intelligent Technology Co. Ltd., was registered in Shanghai and has a capital of 1.288 billion yuan (about $177.5 million). The newly formed company will focus on developing Level 4 autonomous driving technology. The joint effort includes contributions from Hello, Ant Group and CATL, with initial investments ...
    News
    Xiaomi applies for a patent on high-density electrode, joins global solid-state battery development race
    Mainland Chinese electric-car maker Xiaomi announced a new patent that marks its venture into solid-state battery technology. The patent is about a layered electrode structure that enhances ionic conductivity and energy density. The design incorporates a current collector with several layers of electrode materials, such as active materials, conductive agents, binders and a solid electrolyte comprised of polymers and metal salts. By allowing the electrolyte to penetrate the electrode laye...
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    CATL lays down new technology roadmaps for EV batteries
    In an attempt to redefine new technology roadmaps for batteries at its first ever Super Tech Day, Contemporary Amperex Technology Co. (CATL) has unveiled three new innovative battery solutions — a sodium-ion battery for electric passenger cars, a dual-core battery system and a second-generation Shenxing ultra-fast charging battery. CATL’s new solutions aim to address some of the key challenges associated with the batteries, which are not only pivotal in advancing new innovations in mobili...
    Insights
    After CATL, Eve Energy plans public listing in Hong Kong
    Mainland Chinese battery-maker Eve Energy has announced its plans for public listing on the Hong Kong Stock Exchange, joining CATL and other domestic battery manufacturers.  Eve Energy disclosed its public listing plan in a regulatory filing at the Shenzhen Stock Exchange. The move is expected to enhance Eve Energy's global brand image and support its global business development efforts. The proposal to issue H-shares and list on the Hong Kong Main Board was approved during a board me...
    News
    CATL marks Hong Kong trading debut as one of the world’s biggest listings in 2025
    Contemporary Amperex Technology Co. Ltd. (CATL), the world's largest battery manufacturer, has reportedly raised HK$35.7 billion on its Hong Kong trading debut, becoming one of the largest global listings for 2025. The company achieved this milestone despite being blacklisted by the Pentagon and amid geopolitical tensions. CATL's shares jumped 16% to HK$306.20, exceeding its Shenzhen stock price. Investors prioritized the potential of a leading company in EV technology over ...
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    Solus Advanced Materials to supply copper foils to CATL’s battery plant in Europe
    South Korea-headquartered Solus Advanced Materials has entered an agreement to supply copper foil to CATL, the world's largest electric vehicle battery manufacturer. The supply will come from Solus Advanced Materials' factory in Hungary, catering to CATL's battery plant in Europe. The companies are also considering future collaborations for new product development, contingent on Solus Advanced Materials' competitiveness in supplying copper foil locally. Solus Advanced Materials operates Eu...
    News
    CATL achieves breakthrough in lithium metal battery technology
    The world's largest battery-maker, CATL, made significant advancements in lithium metal battery (LMB) technology, achieving a breakthrough in electrolyte strategy through quantitative mapping. CATL's latest research, published in Nature Nanotechnology, allows for LMBs with high energy density and extended cycle life, addressing a long-standing challenge in battery chemistries. The optimized prototype has achieved a cycle life of 483 cycles and an energy density of over 500 watt-hours per kilo...
    News
    Indonesia's Danantara to partner with Huayou and CATL to boost EV battery industry
    Indonesia is advancing its electric vehicle battery industry through a strategic alliance involving Daya Anagata Nusantara Investment Management Agency (Danantara), Huayou and Contemporary Amperex Technology Ltd. (CATL). President Prabowo Subianto has directed this collaboration to enhance Indonesia's role in EV battery manufacturing and to address financial challenges in green technology projects. At a press conference in Jakarta, CEO of Danantara Rosan P. Roeslani underscored the ...
    News
    Changan begins rolling out EVs developed on CATL’s battery-swap technology
    Changan Automobile has successfully delivered the first 1,000 units of the Oshan 520 electric sedans, which are built on CATL's Choco-SEB battery-swap technology. The model will be used as fleet cabs in Chongqing, mainland China. The move marks a significant milestone for CATL, especially highlighting industry adoption of its swappable battery solutions at scale. CATL's Choco-SEB swappable batteries are standardized battery packs that can be used at battery-swap stations for qu...
    News
    CATL to start EV battery production in Indonesia by March 2026
    Contemporary Amperex Technology Co. Ltd. (CATL) is set to begin electric vehicle battery production in Indonesia by March 2026. According to Yuliot Tanjung, deputy minister of Energy and Mineral Resources, CATL is preparing to launch operations in alignment with Indonesia's expanding EV battery ecosystem, having secured an off-taker for its battery products. The production venture will proceed in two phases due to regulatory requirements from the Chinese government, with 7.5 GWh of the i...
    News
    CATL’s new battery manufacturing plant in Jining goes into production
    CATL, the largest battery-maker in mainland China, started production at its new facility in Yanzhou District, Jining, Shandong. This is its first base in northern China and the largest in the country by planned capacity. The project is being developed in three phases, with the first phase already operational and possessing a capacity of 60 GWh. The first phase covers 530,000 square meters, including factory buildings and living facilities. The second and third phases are set t...
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    CATL eyes mobile EV charging market with in-house brand CharGo
    The world's largest battery-maker Contemporary Amperex Technology Company (CATL) has expanded its operations by establishing CharGo, a subsidiary focused on developing mobile storage and charging robots for electric vehicles. These robots aim to fill gaps where EV charging infrastructure is unavailable, or where the charging stations are running at full capacity with no access to waiting EV drivers.  CharGo is striving to become a market leader by planning to deploy between 5,000 and 15,...
    News
    CATL lists on Hong Kong Stock Exchange amid global investor interest
    CATL announced that it has listed on the Main Board of the Hong Kong Stock Exchange under the stock code 3750. The global offering included 135 million shares at HK$263 each, marking CATL as the first A-share company to pursue a secondary listing in Hong Kong with a capped issuance price. The stock opened at HK$296 per share, showing a 12.55% increase on its debut day. The offering attracted a wide array of investors from 15 countries, highlighting confidence in CATL's value and the market op...
    News
    CATL launches standardized swappable battery packs for heavy-duty electric trucks
    Contemporary Amperex Technology Co. Ltd. (CATL), the world's largest battery-maker, introduced a standardized battery-swap pack, called 75#, for heavy-duty trucks. The launch follows that of a similar standardized swappable battery pack for passenger cars in December 2024. At an event on May 18, 2025, in Datong, Shanxi province, CATL revealed the swappable battery block, which Yang Jun, CEO of CATL's unit Qiji Energy, described as having a long lifespan and customizable pack op...
    News
    CATL plans largest global listing in 2025 with Hong Kong IPO
    Mainland Chinese battery manufacturer CATL is set to raise at least HK$31.01 billion through its Hong Kong listing, the largest global listing in 2025 so far. The company plans to sell 117.9 million shares at a maximum offer price of HK$263 per share. The total deal size could potentially reach about $5.3 billion if certain options are exercised. More than 20 cornerstone investors, including Sinopec and the Kuwait Investment Authority, have committed $2.62 billion for CATL shares. The institu...
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    Changan Mazda, CATL partner to jointly developed BEVs on CATL’s skateboard chassis
    CATL and Changan Mazda have formed a partnership to develop new-energy vehicles (NEVs) utilizing CATL's CIIC skateboard chassis. The collaboration aims to accelerate the electrification transition for Changan Mazda, a joint venture between Chinese Changan Automobile and Japanese carmaker Mazda. The two companies signed a memorandum of understanding (MOU) in Shanghai to produce more efficient and smarter NEV products by leveraging the innovative skateboard chassis technology provided by CATL. ...
    News
    CATL’s Qilin battery meets mainland China’s new battery safety standards
    CATL, the world's largest battery-maker, has become the first company to meet mainland China's "No Fire, No Explosion" national safety standard. This regulation, effective from July 1, 2026, mandates that batteries must prevent fires and explosions after an internal thermal runaway occurs. The updated mandatory national standard for battery safety, GB 38031-2025, was released on March 28, with a significant change being the thermal diffusion test requirement to ensure that during thermal runa...
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    Huawei launches megawatt charger with up to 1.5 MW of peak charging output
    Huawei announced the launch of a supercharger with a peak charging power of 1.5 MW, marking a significant development as mainland China's electric vehicle industry continues to intensify its focus on ultrafast-charging equipment. Huawei said that its all-new megawatt charger, which was unveiled in Shanghai, is the industry's first fully liquid-cooled, MW-class supercharging solution. Huawei said its charger is primarily targeted at charging electric heavy-duty vehicles (e-HDVs), although...
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    CATL launches second generation of Shenxing battery, new sodium-ion battery brand
    China's CATL has introduced a new sodium-ion battery brand named Naxtra, which is set to enter mass production by December. This launch marks CATL's ongoing efforts in advancing battery technology, following its initial introduction of sodium-ion batteries in 2021. Sodium-ion batteries present a cost-effective alternative due to their cheap and abundant raw material, sodium, which also potentially reduces fire risks in electric vehicles. The new Naxtra batteries achieve an energy density of 1...
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    CATL in talks to buy controlling stake in Nio Power
    The world’s largest battery-maker, CATL, is in talks to buy a controlling stake in Nio Power, the power unit of Shanghai-headquartered electric-car maker Nio, according to a news report published by CnEVPost on April 7. The report cited Reuters as the original source of this story. According to the report, which quotes unnamed sources aware of the matter, CATL had made a proposal to acquire a controlling stake in Nio Power after announcing an investment of up to 2.5 billion yuan (about $342...
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    CATL, Sinopec partner to advance battery-swap infrastructure in Greater China
    Contemporary Amperex Technology Co. Ltd. (CATL), the world's largest battery-maker, and Sinopec Group, one of the largest energy companies in mainland China, have formalized a partnership aimed at developing an electric vehicle battery-swap infrastructure across the region. The two companies finalized a cooperation framework agreement, which was signed in Beijing, marking a significant move to deepen the strategic partnership between the battery manufacturer and the fossil fuel giant. Th...
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    Coulomb Solutions launches next-gen commercial vehicle batteries with long life
    Coulomb Solutions Inc. (CSI), based in Livermore, California, announced the launch of its next-generation Super Long Life (SLL) commercial vehicle battery systems, featuring an unprecedented 900,000-mile, 15-year warranty. Developed by CATL, these battery systems are tailored for a range of commercial vehicle applications including transit buses, school buses, last-mile delivery vehicles and locomotives. As CATL's authorized service provider in North America, CSI is set to start delivering th...
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    CATL and Nio partner to build world's largest battery-swapping network
    In a press release dated March 18, CATL announced that it has entered into a strategic partnership with Nio, with the ambitious goal of constructing the largest battery-swapping network worldwide and fostering the standardization of technologies within the new-energy vehicle industry. This initiative aims to propel the industry into a new phase of high-quality development by fully utilizing the strengths of both companies in technical, managerial, platform and brand aspects. The collaboration...
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    CATL reports 15% YOY growth in net profit to $7.01 billion in 2024
    CATL, a leading Chinese electric vehicle battery manufacturer, reported a 15% year-over-year increase in its net profit to 50.7 billion yuan (about $7.01 billion) for the full year of 2024. The growth is slightly below the company's projected growth of 11.1%-20.1% and marked its slowest profit growth in six years amid a fierce price war in China's EV market. This period also saw CATL experiencing its first annual revenue decline of 9.7% to 362 billion yuan since it began publishing ...
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    CATL and Baidu forge strategic partnership on autonomous vehicles
    CATL, a leading power battery manufacturer, and Baidu, a major player in the field of search engines and autonomous driving, have announced a strategic partnership aimed at advancing autonomous vehicle technology and AI applications in manufacturing, according to a report published by CnEVPost on Feb. 27. This collaboration was formalized through a strategic cooperation agreement signed at CATL's headquarters in Ningde, Fujian province, mainland China, in the presence of key executives from both...
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    CATL and Didi form JV to advance EV battery-swapping technology
    CATL, a leading battery manufacturer, and Didi, a prominent domestic ride-hailing service, have established a joint venture to advance the battery-swap technology, a move that decouples vehicles and batteries, signifying a pivotal shift in the electric vehicle market. The JV, established with a registered capital of 330 million yuan (about $45.38 million), assigns CATL a 69.7% stake, with Didi holding the remainder. First announced in January 2024, the partnership is set to concentr...
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    CATL and Volkswagen form strategic battery development partnership
    Mainland Chinese battery-maker CATL and German automaker Volkswagen have entered into a strategic collaboration on electric vehicle battery technology, as announced by CATL. Under a memorandum of understanding (MOU), the partnership will focus on advancing research and development in the battery sector, incorporating new materials, and enhancing component development. Volkswagen China, in a distinct declaration regarding the agreement, emphasized its commitment to collaboratively work with CA...
    News
    CATL pursues Hong Kong listing to fund European expansion
    Mainland Chinese battery manufacturer CATL has initiated the process for a Hong Kong listing, aiming to raise at least $5 billion, according to sources familiar with the matter. This move by the world's largest battery-maker involves filings with Hong Kong regulators, with plans to allocate part of the raised funds toward constructing a €7.3 billion battery plant in Hungary. While the exact amount to be raised has not been disclosed, this listing marks a significant step in CATL's expansion, d...
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    CATL expected to form a new joint venture in Europe in 2025
    CATL is expected to announce a new joint venture factory with an undisclosed carmaker in Europe this year, according to a news report published by CnEVPost on Jan. 21. The news comes soon after the company announced setting up a battery manufacturing plant with Stellantis in Spain last month. CATL’s joint venture with Stellantis will focus on building a 50GWh lithium iron phosphate (LFP) battery plant in Spain. CnEVPost cited a report published by local media Jiemian, which quoted CATLâ€...
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    US adds CATL and Tencent to 'Chinese Military Company' list; both call it a mistake
    The US Defense Department (DoD) recently announced the addition of mainland Chinese battery-maker CATL and technology company Tencent to its "Chinese Military Company" list, alleging connections with mainland China's military. This development led to CATL's market value dropping by approximately $4.4 billion following the news. CATL has contested its inclusion, stating it does not engage in military-related activities. The list, formally known as the Section 1260H list, includes 134 companies...
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    JAC Yiwei plans to develop EVs on CATL’s skateboard chassis
    JAC Yiwei, the electric vehicle unit of Anhui Jianghuai Automobile Group (JAC), has entered into a new agreement with Contemporary Amperex Technology Co. Ltd. (CATL) to focus on the adoption of CATL's CIIC-S platform for its new-energy vehicle (NEV) passenger car program. This collaboration aims to include battery-swap-enabled models, battery-electric vehicles (BEVs) and extended-range electric vehicles (EREVs). The partnership, formalized Jan. 3, 2025, in Ningde, Fujian province, mainland Ch...
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    CATL plans public listing on the Hong Kong Stock Exchange
    Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest battery-maker, plans for public listing on the Hong Kong Stock Exchange within the next 18 months at a suitable time, according to a news report published by CnEVPost on Dec. 26. The report mentioned that the plan for a secondary listing in Hong Kong was formally unveiled by CATL and that its board of directors has approved a proposal to list its shares on the Hong Kong Stock Exchange within the next 18 months. The plan...
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    CATL unveils Bedrock Chassis, enhancing car safety standards
    Leading cell manufacturer CATL has developed an extremely safe Bedrock Chassis that can withstand a 120 kilometers per hour (km/h) frontal impact without catching fire or exploding, the company announced in a press release on Dec. 24. This invention sets a new precedent by encompassing comprehensive protection through its innovative design that integrates battery cells directly into the chassis, enhancing the vehicle's ability to absorb collision energy significantly more than traditional chassi...
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    CATL launches own battery swap ecosystem with 100 partners in Greater China
    Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest battery maker, unveiled two standardized battery models namely #20 and #25 on the sidelines of a conference on its battery swap ecosystem Dec. 18. The event was organized in the coastal city of Xiamen on Dec. 18. The company announced the launch of a Choco-Swap ecosystem in collaboration with nearly 100 partners, marking a historic step towards the standardization of EV battery swapping in Greater China. The battery maker ...
    News
    CATL to financially support suppliers for battery innovation
    Mainland China's Contemporary Amperex Technology Co. Ltd. (CATL), the world's largest battery manufacturer, has announced a commitment to provide financial support to its suppliers to encourage technological innovation in battery materials and equipment. This initiative is aimed at alleviating pressure on its supply chain, which has been significantly impacted by an ongoing price war in the electric vehicle sector. CATL has indicated its readiness to cover a portion of research and developmen...
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    Stellantis, CATL to invest €4.1 billion on JV for lithium iron phosphate battery plant in Spain
    Amsterdam-headquartered Stellantis and Contemporary Amperex Technology Co. (CATL), the world’s largest battery-maker, have reached an agreement to set up an equal joint venture company focused on battery manufacturing operations in Spain, the two companies said in a joint announcement on Dec. 10. As part of the agreement, Stellantis and CATL have agreed to invest up to €4.1 billion in building a large-scale, 50-GWh lithium iron phosphate (LFP) battery plant in Zaragoza, Spain. The battery...
    Briefing
    CATL in talks to set up a battery recycling plant in Europe
    Contemporary Amperex Technology Co. Ltd. (CATL), the largest battery-maker from mainland China, is in talks to set up battery recycling operations in Europe, according to a news report published by CnEVPost on Nov. 20. The report cited Bloomberg as the original source of the story. In an interview with Bloomberg, Jason Chen, CATL's regional operations chief, said that the battery manufacturer is in discussions with European governments, including Hungary, about possible factory sites. He f...
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    CATL unveils second-generation sodium-ion battery for extreme cold
    CATL, China's largest battery-maker, has developed a second-generation sodium-ion battery capable of normal discharge even at extreme temperatures as low as -40 degrees C. This breakthrough could significantly improve the performance and reliability of electric vehicles in cold conditions. CATL reportedly plans to launch its second-generation sodium-ion cells in 2025, with mass production slated for 2027. Typically, EV batteries function optimally within a temperature range of 60 degrees...
    News
    CATL advances with trial production stage of its 20-ampere-hour solid-state battery cell samples
    Advancing on the development of its solid-state battery cells, CATL, the world’s largest battery-maker, has entered into the trial production stage of its 20 ampere-hour (Ah) cell samples, according to a news report published by CnEVPost on Nov. 6. The report, which cited a local media outlet LatePost, said that the development signifies that CATL has developed its solid-state battery cell and is now exploring ways to scale up the production. It mentioned that CATL has increased its researc...
    News
    CATL launches Freevoy Super Hybrid battery capable of 4C charging
    Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest battery manufacturer, has launched a specialized battery for hybrid vehicles, which are witnessing a sharp surge in global demand as consumers are staying away from battery-electric vehicles (BEVs) owing to concerns around range anxiety, slow charging and lack of electric vehicle charging infrastructure. At a high-profile event organized in Beijing on Oct. 24, CATL launched its Freevoy Super Hybrid battery, which it c...
    Briefing
    Indonesian government-backed company forms $1.2 billion battery venture with CATL
    Indonesian government-backed battery company, Indonesia Battery Corp., has formed a joint venture with the world’s largest battery-maker Contemporary Amperex Technology Co. Ltd. (CATL) to build a battery manufacturing plant in the country, according to a news report published by Bloomberg on Oct. 17. The JV company plans to invest a total of $1.2 billion in battery production in the Southeast Asian country, furthering the country’s ambitions to become a global hub for an electric vehicle ...
    News
    CATL’s production site in Ningde, Fujian, catches fire, no casualties reported
    In a rare incident, a fire broke out at CATL’s production base in Ningde city, Fujian province, mainland China, where the company is headquartered, according to a news report published by CnEVPost on Sept. 29. The report cited a local media outlet Cailian. It said that the battery-maker was quick to control the fire at its factory, the staff was evacuated in time, and no casualties or injuries are reported. Although the local media outlet reported that the factory fire was huge, CAT...
    News
    CATL unveils TECTRANS battery technology for commercial vehicles
    Mainland Chinese cell maker CATL, launched a new advanced battery system TECTRANS for commercial vehicles at the IAA Transportation 2024 show in Hanover, Germany. The new technology promises higher energy density, faster charging times and greater durability. This innovation is set to revolutionize the electric commercial vehicle sector by offering solutions tailored to the needs of fleet operators, including extended range, reduced downtime and optimized cost-efficiency. CATL has unveiled tw...
    News
    CATL launches new battery with 15-year lifespan for electric buses
    CATL, the world’s largest battery manufacturer, has launched a range of new batteries that offer an extra-long lifespan for commercial vehicles, mainly electric buses, according to a news report published by CnEVPost on Sept. 14. The new batteries will be sold under CATL’s commercial vehicle battery brand Tectrans, which is also called Tianxing in mainland China. The new battery launch follows the unveiling of CATL’s commercial vehicle battery brand Tectrans in July. Citing CATL, ...
    News
    Contemporary Amperex Technology adjusts lithium production activities in mainland China
    Electric vehicle battery manufacturer Contemporary Amperex Technology (CATL) has confirmed the reports of adjusting its lithium production activities in Yichun, Jiangxi province, mainland China, Yicai Global reported Sept. 12. This decision comes in response to the current conditions in the lithium carbonate market. CATL’s confirmation comes a day after a report from UBS claimed that the Chinese battery supplier has suspended its lithium spodumene mining operations in Jiangxi, mainly becaus...
    News
    CATL plans to set up 10,000 battery-swap stations
    CATL, the world’s largest battery-maker, plans to build a network of 10,000 battery-swap stations, according to a news report published by CnEVPost on Sept. 2. The report, which did not reveal the timeline that CATL is looking at to build the battery-swap stations, cited CATL Chief Technology Officer Gao Huan, who was speaking at the 2024 World Power Battery Conference in Yibin, Sichuan province, southwest China. Nevertheless, the news report pointed out that this is the first time that ...
    News
    Neta Auto unveils Neta S shooting brake EV with CATL CIIC skateboard chassis
    The Neta S shooting brake battery-electric vehicle (BEV), the new electric vehicle model from Neta Auto, is the first EV to utilize the CATL Integrated Intelligent Chassis (CIIC) skateboard chassis, marking a significant advancement in the EV sector, according to a press release dated Aug. 23. Built on the innovative skateboard chassis, the 800-V version of the Neta S shooting brake BEV will enter mass production, showcasing a high degree of integration by incorporating the powertrain, braking s...
    News
    CATL launches pioneering EV experience center in Chengdu, mainland China
    Mainland Chinese battery-maker CATL has opened the world's first new-energy experience center in Chengdu, Sichuan Province, mainland China, the company announced in a press release on Aug. 10. Named Ning Space, the center has been co-created with an array of car manufacturers and the local government. It provides an innovative all-encompassing experience for consumers to "view, select, use and learn" about electric vehicles, which will accelerate the global transition to e-mobilit...
    News
    CATL received 35% more state subsidies in H1 2024
    Mainland China’s largest battery-maker Contemporary Amperex Technology Co. Ltd. (CATL) has received 35% more in state subsidies during the first half of 2024, according to a news report published by Nikkei Asia on July 26. The report comes at a time when mainland Chinese automakers and their supply chains are facing intense scrutiny from the European Commission on financial subsidies helping the companies keep their production costs low. Citing regulatory disclosures made by the compan...
    News
    CATL launches a new EV battery brand for commercial applications
    CATL, the world’s largest battery-maker, unveiled its first electric vehicle battery brand for commercial applications, named Tianxing. In addition to launching the new brand, CATL also unveiled two batteries for electric light commercial vehicles (e-LCVs): The CATL Tianxing-L superfast-charging edition and the CATL Tianxing-L long-range edition, the company announced July 4. The company said that the Tianxing-L superfast-charging battery and the Tianxing-L long-range battery...
    News
    CATL looks to raise $1.5 billion to fund its global battery supply chain expansion plans
    CATL, the world’s largest battery-maker, is in talks with overseas sovereign wealth funds and private investors to raise about $1.5 billion for building its global battery supply chain, according to a report published by CnEVPost on July 12. The report cited Financial Times as the original source of this story. The offshore fund that CATL is looking to raise is expected to help the battery company finance the corporate ecosystem needed to expand its production network in Europe and other fo...
    News
    Ampere announces new battery strategy with focus on LFP and CTP technology
    Ampere, the European EV company, has announced a comprehensive battery strategy focusing on integrating lithium iron phosphate (LFP) technology along with the existing nickel cobalt manganese (NCM) batteries used by the Renault Group. Ampere has collaborated with its suppliers LG Energy Solution (LGES) and CATL to establish an integrated value chain in Europe for LFP technology. These partnerships will support Ampere in equipping various models of Renault and Alpine brands with LFP batteries, se...
    News
    CATL, BAIC and Xiaomi break ground on new battery plant in Beijing
    In a press release dated June 18, CATL announced that it has broken ground on a new battery plant along with its partners BAIC Group, Xiaomi Group and Beijing Energy Group. Called the Beijing Times Battery Base project, it is designed according to the high standards of "Lighthouse Factory + Zero Carbon Factory" and adopts CATL's most advanced high-beat, high-automation, and high-flexibility production lines. After completion, it will provide stable mass-produced, high-quality battery pro...
    News
    Svolt Energy halts building battery plant in Germany
    Chinese electric vehicle battery-makers are beginning to hold back their battery production plans in Germany as EV sales take a backseat in Europe’s largest automotive market, according to a news report published by Nikkei Asia on May 30. Citing Svolt Energy Technology, the report said that the company looks to halt its plans of building its $3.2 billion battery-cell plant in Lauchhammer in eastern Germany's Brandenburg state. It said that the battery-maker has cited the move as "a new stra...
    News
    CATL signs 10-year strategic partnership with Chinese EV startup Neta Auto
    Mainland China’s largest battery-maker Contemporary Amperex Technology Co. Ltd. (CATL) has signed a 10-year agreement with Neta Auto, where the carmaker will make CATL the preferred partner for the supply of electric vehicle batteries, according to a news report published by CnEVPost on May 24. The two companies signed the agreement on May 24 in Shanghai, where Neta is headquartered, in the presence of Robin Zeng, chairman and CEO of CATL; Fang Yunzhou, founder and chairman of Neta; and Zha...
    News
    CATL in talks with several carmakers on technology licensing partnerships
    Mainland China’s largest battery-maker Contemporary Amperex Technology Co. Ltd. (CATL) is in talks with about a dozen global carmakers on forging technology licensing partnerships, a news report published by CnEVPost said May 5. CATL is negotiating with about a dozen global original equipment manufacturers for a license royalty service (LRS) model of cooperation, a CATL spokesperson told the media publication in an interview. Under the LRS model, CATL will provide technology licensing as...
    News
    CATL plans to build 10,000 fast charging stations, signs agreement with Star Charge in Beijing
    Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest battery manufacturing company, has signed an agreement with EV charging equipment maker Star Charge in Beijing on April 25, CATL said April 26. Under the agreement, the two companies plan to extensively cooperate in high-power charging, research and development for the integration of charging and inspection technologies, charging infrastructure, co-branding of superfast charging stations, and jointly build an advanced supe...
    News
    CATL, Beijing Hyundai sign strategic agreement for supply of EV batteries in mainland China
    CATL, the world’s largest battery maker, and Beijing Hyundai have signed a strategic partnership agreement on the supply of EV batteries, CATL announced April 25. The agreement was signed on the sidelines of the Beijing Auto Show 2024. Under the agreement, CATL will supply batteries for Beijing Hyundai's EV projects. As a joint venture with a deep presence in China for 21 years, Beijing Hyundai has sold over 12 million vehicles in mainland China. Notably, the automaker has been partnerin...
    News
    Volvo Cars signs battery recycling partnership with CATL in mainland China
    Volvo Cars has signed a strategic cooperation agreement with the world’s largest battery-maker Contemporary Amperex Technology Co. Ltd. (CATL) to focus on electric vehicle battery recycling, according to a news report published by CnEVPost on April 18. Citing the automaker, the report mentioned that the strategic partnership between Volvo Cars and CATL aims to promote the recycling of battery materials and reduce the carbon footprint of EVs throughout their life cycle. It is known that b...
    News
    CATL may build battery plant with General Motors in North America through technology licensing
    Mainland China’s largest battery-maker Contemporary Amperex Technology Co. Ltd. (CATL) is in talks with US legacy carmaker General Motors (GM) to build a battery plant in North America, leveraging the technology licensing route similar to its partnership with Ford Motor Co., according to a news report published by CnEVPost on March 29. The report cited mainland Chinese media outlet LatePost as the original source of the story. It said that CATL is in discussions with GM on a license roya...
    Briefing
    Nio, CATL sign deal to jointly develop EV batteries with longer life
    Shanghai-based electric-vehicle maker Nio has signed a strategic agreement with the world’s largest battery-maker CATL to develop EV batteries that offer a longer life span, according to a news report published by CnEVPost on March 14. Citing a statement from Nio, the report said that the two companies signed a framework agreement in Beijing to jointly conduct battery research and development activities based on Nio’s battery-swap requirements. Nio and CATL plan to focus on long-life tech...
    News
    BAIC teams up with CATL, Xiaomi Auto to build battery plant in Beijing
    BAIC Group is pulling different group subsidiaries — BAIC BluePark New Energy Technology (electric vehicle arm), BAIC Capital (investment arm) and Beijing Hainachuan (auto component unit) to set up a joint venture with CATL and Xiaomi Auto, according to a news report published by CarNewsChina on March 12. Once established, the JV company will be named Beijing Era New Energy Technology Co. Ltd. and will focus on building an intelligent battery-cell manufacturing plant in Beijing, it said. ...
    News
    Mainland China’s largest battery-maker CATL to set up R&D centers in Hong Kong
    Mainland China’s largest battery manufacturer CATL is currently in discussions to establish research and development centers in Hong Kong to develop new technologies that can be licensed in the overseas markets within the automotive industry, according to a news report published by the news agency Reuters on March 4. The report cited CATL Chairman Robin Zeng, who disclosed his company’s plan to journalists on March 4. The report mentioned that the planned R&D expansion in Hong Kong...
    News
    CATL, Sichuan Province sign agreement on deepening cooperation in Chengdu, China
    The People’s Government of Sichuan Province and Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest battery manufacturer, have signed an agreement on comprehensively deepening their strategic cooperation in Chengdu, China, CATL announced Feb. 5. According to the agreement, the two parties plan to broaden the scope of cooperation, consolidating the development of green energy resources, new-energy storage solutions, as well as construction of zero-carbon industry parks, CA...
    News
    Government-led consortium unites battery, car companies in mainland China to commercialize solid-state batteries
    Mainland China’s battery and carmakers have come together to join a government-led initiative that aims to commercialize all solid-state batteries while maintaining its hegemony on the EV battery industry, according to a news report published by the Nikkei Asia on Feb. 12. In January, Beijing set up a consortium, the China All-Solid-State Battery Collaborative Innovation Platform, which aims to bring together government, academia and industry, including EV battery rivals CATL and BYD to bui...
    News
    CATL, Didi establish JV for battery-swap business
    CATL, the world's largest battery-maker, has signed a battery-swap focused joint venture with ride-hailing giant Didi, according to a news report published by CnEVPost on Jan. 28. Under the new JV, CATL and Didi plan to rapidly roll out battery-swap stations at scale, promoting battery swap-enabled electric vehicles and improving the operational efficiency of the publicly available battery-swap network. Both the companies have not disclosed the name of the new JV company. The formal JV ...
    News
    CATL’s battery-integrated skateboard platform delivers 1,000 km range
    CATL, the world’s largest battery maker, has completed the tests of its battery-integrated CIIC skateboard platform and has achieved a driving range of 1,000 km, according to a news report published by the online publication CarNewsChina on December 1. Notably, CATL’s CIIC skateboard platform is called as the CATL Integrated Intelligent Chassis, which integrates batteries, electric motors and other critical units into a single platform underpinning an electric vehicle (EV) model. The CIIC...
    News
    Stellantis signs MOU with CATL for supply of batteries in Europe
    Stellantis NV and CATL have signed a non-binding memorandum of understanding (MOU) for the local supply of lithium iron phosphate (LFP) battery cells and modules to power Stellantis’ electric vehicle lineup in Europe, the two companies said in a joint announcement on Nov. 21. Moreover, the two companies are also exploring the possibility of forming a joint venture company with equal contributions to further support the carmaker’s aggressive electrification strategy, Stellantis said i...
    News
    CATL commences production operations at Guizhou battery plant in China
    China’s largest battery-maker CATL has commenced operations at its new battery-cell manufacturing plant in Guian New District in southwest China's Guizhou province on October 27, according to a news report published by CnEVPost on October 30. Citing a press note issued by the company, the report said that the new battery plant is capable of producing an average of one cell every second, thanks to highly automated production lines. The report added that the first phase of CATL's Guizhou p...
    News
    CATL, Fraunhofer to expand cooperation on predicting EV battery lifetime
    Contemporary Amperex Technology GmbH (CATL), the German subsidiary of the leading Chinese battery-maker CATL, and the Fraunhofer Institute for Ceramic Technologies and Systems IKTS are jointly developing models that can predict the lifetime of batteries, according to a press note published by the institute on October 23. The mode, which is being developed at the industrial site in Erfurter Kreuz, Germany, aims to serve as a basis for optimized battery production. The cooperation, which s...
    News
    CATL to supply batteries for EVs developed by Geely-Baidu JV Jiyue
    The world’s largest battery-maker CATL has signed a strategic partnership with Geely and Baidu-backed electric-vehicle maker Jiyue on promoting joint research and development (R&D) of new-energy vehicle (NEV) products and mass production, according to a news report published by CnEVPost on October 23. The report cited a press note issued by CATL on October 23. CATL is supplying high-performance power batteries and associated services for Jiyue’s EV — the Jiyue 01, it said, adding...
    News
    CATL focuses on innovation and overseas investments to keep growing
    Mainland China-based battery-cell maker Contemporary Amperex Technology Ltd. (CATL) is already one of the leading lithium-ion (Li-ion) cell suppliers to the automotive industry. Established in 2011, CATL catered to more than 29% of the demand of Li-ion batteries from the light-vehicle segment in 2022. The company competes with suppliers such as LG Energy Solution, Samsung SDI and Panasonic. In 2022, CATL Group (including all its joint ventures) supplied more than 187 GWh of Li-ion cells to th...
    Insights
    Chery to use CATL’s Shenxing ultrafast-charging battery
    Chinese automaker Chery will become the first car manufacturer to use CATL’s fast-charging Shenxing battery, according to a news report published by CnEVPost on October 16. The report cited company announcement. It further elaborated that CATL’s Shenxing battery will be featured in Chery's premium Exceed branded cars. The move is expected to further deepen the ties between the two companies, it said, citing CATL, which is the world’s largest battery-maker. According to the report, wh...
    News
    CATL-Changan-Huawei JV commences production of Avatr 12 in China
    Chinese electric-vehicle maker Avatr has commenced production of its anticipated electric sedan — the Avatr 12 â€” in China, according to a news report published by the news website CarNewsChina on October 12. Citing the EV brand, which is a joint venture of battery manufacturer CATL, automaker Changan, and telecom and electronics giant Huawei, the report stated that Avatr’s all-electric luxury sedan Avatr 12 has officially rolled off the production line in China. The electric c...
    News
    Chinese EV startup Neta Auto signs strategic cooperation agreement with CATL
    Chinese electric vehicle startup Neta Auto has signed a strategic cooperation agreement with the world’s largest battery-maker CATL on October 7, according to a news report published by Pandaily on October 9. The report stated that the two companies plan to deepen their cooperation, including new project and technology collaboration, supply of Shenxing batteries and expansion of overseas business. Citing Zhang Yong, co-founder and CEO of Neta Auto, the report mentioned that long-term str...
    News
    UAW strike: Ford halts construction of $3.5 billion EV battery plant in Michigan, US
    Ford Motor Co. plans to pause the construction of its $3.5 billion electric vehicle battery plant in Michigan, US, amid the ongoing United Auto Workers (UAW) strike row in the US, according to a news report published by Nikkei Asia on September 26. The report mentioned that Ford has paused the construction of its EV battery factory until it is confident that it can run the factory competitively. Ford’s decision has come at a time when the carmaker is holding talks with the labor union, w...
    News
    CATL launches new 4C superfast-charging lithium iron phosphate battery
    CATL has launched Shenxing, reportedly the world's first 4C superfast-charging lithium iron phosphate (LFP) battery, it said in a press release dated August 16. The battery can deliver 400 km of driving range with a 10-minute charge and a range of over 700 km on a single full charge. “The future of the [electric vehicle] battery technology must remain steadfastly anchored at the global technology frontier as well as the economic benefits. As EV consumers shift from pioneering users to ordin...
    News
    CATL asks cathode-material suppliers to provide discount on lithium-carbonate prices
    China’s largest battery manufacturer CATL has asked its raw material suppliers to offer discounts, according to a news report published by CnEVPost on July 20. The company has asked its cathode-material suppliers to offer a 5% to 10% discount in settling lithium-carbonate prices in early July, the report said, citing a local media Cailian. The latter has quoted three unnamed sources aware of the matter. It also mentioned that CATL refused to comment on the matter. The price of lithium...
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