CATL
CATL confirms it's negotiating new prices with EV makers
CATL's lithium sharing program is not for price reduction purposes, but rather the company already owns some mineral resources and doesn't want to reap windfall profits, its management said.
CATL sees Q4 net profit up 39% QoQ, gross margin improves further to 22.57%
CATL's capacity utilization was 83.4 percent in 2022, down from 95 percent in 2021.
CATL takes over Chinese lithium miner to lock in more material supplies
CATL's RMB 6.4 billion restructuring proposal was approved unanimously by lithium miner Sinuowei's creditors, according to local media.
CATL's share in global EV battery market slips in Jan, BYD rises
CATL's battery installations rose 6.5 percent year-on-year in January, below the industry's growth rate of 18.1 percent.
CATL's capacity utilization sliding, report says
For power battery makers, it's important to keep production lines running consistently, so a price war for batteries is long expected, industry watchers said.
CATL reportedly cutting battery costs significantly for some clients including Nio, Li Auto
The program is only available to a few strategic customers, including Nio, Li Auto, Huawei and Zeekr, and Tesla is not included, according to local media.
Ford to build $3.5 billion LFP battery plant in Michigan with CATL's technology
CATL will provide technology and service support for the production of the LFP battery plant, while Ford will be responsible for cell and vehicle integration.
Prominent Chinese economist bashes CATL, accuses battery giant of suppressing rivals and coercing EV makers
As a beneficiary of the current era and an industry leader, CATL has a responsibility to maintain a good industry ecology, not bully the weak, he said.
CATL inks 7.5 GWh battery supply deal with UK investment fund Gresham House
This is CATL's first direct partnership with an asset management company that operates energy storage projects, and the two will work to expand the partnership to 10 GWh.
CATL's plant in Germany achieves mass production of battery cells
The first production line at CATL's plant in Thuringia, Germany, went into operation and the installation and commissioning of the remaining lines are in full swing.