Battery

CATL recorded revenue of RMB 104.2 billion in the third quarter, rising 12.90 percent year-on-year.

This highlights potential supply crunches in China's battery sector amid a recent surge of new vehicle launches.

CATL's market share in September increased by 0.47 percentage points compared to August, while BYD's share grew by 0.22 percentage points.

CATL and BYD collectively installed 379.3 GWh of EV batteries in January-August 2025, accounting for 54.8 percent of the global total.

Following the funding, CAIT-SH is valued at over RMB 10 billion, becoming the first unicorn in the skateboard chassis sector.

Maersk will become CATL's preferred global logistics partner, providing integrated services including ocean freight, air freight, project logistics, and warehousing.

CATL's Jianxiawo mine has received reserve approval, bringing it one step closer to restarting production, Bloomberg reported.

CATL is set to launch its new 8-series high-nickel batteries next year, which will be used in EREV models from leading EV startups.

Its blade batteries deliver a maximum capacity of 2,710 Ah, more than 300 percent higher than conventional energy storage batteries.

Li Auto and CATL will also collaborate to expand domestic and international operations, jointly advancing battery technology innovation and global deployment.