- CATL's fifth-generation LFP batteries have achieved new breakthroughs in energy density and cycle life, according to its chairman Robin Zeng.
- Currently, over 20 million NEVs worldwide are equipped with CATL batteries.
CATL (HKG: 3750) has recently commenced mass production of its fifth-generation lithium iron phosphate (LFP) batteries, achieving new breakthroughs in energy density and cycle life, according to Robin Zeng, founder, chairman, and CEO of the Chinese power battery giant.
The company's currently mass-produced fourth-generation LFP batteries outperform the industry's current mainstream second- and third-generation products in energy density, lifespan, and power output, Zeng said at the 2025 World Power Battery Conference held today in Yibin, Sichuan, according to a speech text shared by CATL.
CATL maintains long-term leadership in ternary chemistry batteries, widely deployed in Qilin Battery and Freevoy Battery, he added.
The company's Naxtra sodium-ion battery, launched earlier this year, effectively reduces reliance on lithium resources while offering enhanced safety and lower carbon emissions, Zeng noted.
Naxtra batteries address the low-temperature performance limitations of traditional lithium batteries, providing a new pathway for new energy vehicle (NEV) adoption in northern high-latitude regions, he said.
Regarding all-solid-state batteries, CATL's research and industrialization progress also ranks among the world's foremost, Zeng said.
CATL is the world's largest power battery manufacturer, ranking first globally with a 36.6 percent market share from January to September, according to data from South Korea's SNE Research.
In China, CATL led the EV battery market in October with 36.14 GWh of installed capacity, capturing a 43.00 percent share of the overall market.
The company held a 72.79 percent share in the ternary lithium battery market and a 35.71 percent share in the LFP battery market last month.
CATL contributed 120 GWh to China's nearly 200 GWh of lithium battery exports in the first three quarters of this year, Zeng said in his speech today.
The company has created nearly 150,000 jobs across its 13 production bases worldwide and paid RMB 24.5 billion yuan ($3.44 billion) in taxes during the first three quarters of this year, according to Zeng.
Over the past decade, CATL has invested more than RMB 80 billion yuan in R&D, with over RMB 15 billion yuan invested in the first three quarters of this year alone, he said.
Currently, over 20 million NEVs worldwide are equipped with CATL batteries, reducing carbon dioxide emissions by about 14 million tons annually.
Meanwhile, beyond passenger vehicles, CATL batteries are being deployed in commercial vehicles, electric vessels, and electric aircraft.
CATL's Tectrans series batteries have become the preferred choice for pure-electric heavy-duty trucks, while nearly 900 electric vessels of various types are now equipped with CATL batteries, Zeng said.
In the low-altitude mobility sector, CATL's two-ton eVTOL has completed multiple flight validations in complex environments, securing Type Certificate (TC), Production Certificate (PC), and Airworthiness Certificate (AC). It is currently pursuing an Operation Certificate (OC), demonstrating new possibilities for electric propulsion, he said.
($1 = RMB 7.1183)
