CATL

  • BYD surpasses LG Chem's power battery installations in China in September

    The total installed capacity of power batteries in China's EV market was 6.47 GWh in September, up 53.53% year-on-year. Among them, CATL remained in first place with 2.89 GWh of installed capacity, accounting for 44.7% of the domestic market share, according to statistics released by Realli Research.

  • JP Morgan: We believe Chinese EV supply chain is on a multi-year rise

    After raising their price target on Chinese electric vehicle (EV) maker NIO (NYSE: NIO) sharply to $40 in a report released on Wednesday, JP Morgan analysts led by Nick Lai gave a positive review on the Chinese EV supply chain in a new report on Thursday.

  • China-based CATL's EV battery sales rank second worldwide, report says

    LG Chem was the world's top seller of electric vehicle (EV) batteries from January to August and CATL, China's largest automotive lithium-ion battery maker, was second, a South Korean market research firm said Monday.

  • CATL Chairman says has developed new battery that doesn't catch fire

    Zeng Yuqun, Chairman of CATL, China's largest automotive lithium-ion battery maker, said Tuesday at the 2020 World New Energy Vehicle Conference that the company has developed a battery product that does not ignite but only emits smoke, and will be mass-produced in some models by the end of the year.

  • Volkswagen to equip China-made new energy vehicles with CATL batteries this year

    Starting this year, Volkswagen will equip domestically produced new energy vehicles with batteries from CATL, China's largest automotive lithium-ion battery maker, Volkswagen Group (China) CEO Stephan Wöllenstein revealed during the World New Energy Vehicle Congress 2020.

  • CICC: Global new energy vehicles show inflection point of growth

    Since the autumn, the global new energy vehicles to establish a growth inflection point, China investment bank CICC said, adding the medium- and long-term development path is clear.

  • CATL refutes rumors that its 811 battery is shelved due to safety concerns

    The NCM811 battery made by Contemporary Amperex Technology (CATL), China's largest automotive lithium-ion battery maker, has attracted much attention in the market since its launch in 2018. However, frequent media reports of spontaneous combustion in EVs loaded with the battery in recent days have brought the safety of the 811 battery to the spotlight.

  • Chinese lithium-ion battery maker CATL becomes major supplier of Mercedes-Benz

    Contemporary Amperex Technology (CATL), China's largest automotive lithium-ion battery maker, and Mercedes-Benz today announced that they are strengthening their partnership in the field of battery technology.

  • Nio reportedly to set up battery asset management company in August, expected to get investment from CATL

    Chinese EV maker Nio is planning to set up a battery asset management company to push for the separation of the car from the battery and launch a BaaS (Battery as a Service) offering on top of that, 36Kr reported, citing sources with knowledge of the matter.

  • CATL to supply batteries to Tesla's Shanghai plant from this month

    Starting this month, Contemporary Amperex Technology (CATL), China's largest automotive lithium-ion battery maker, will supply power batteries for Tesla's Shanghai Gigafactory, the Beijing News quoted CATL sources as saying.