CATL
CATL denies rumors of battery production cuts
CATL has a strong ability to secure supply, but rumors of production cuts show that the industry as a whole is facing cost pressures, local media said.
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CATL, Sany put battery swap-enabled heavy trucks into operation
The heavy trucks are powered by CATL's lithium iron phosphate batteries, which support both high-power fast charging and quick battery swaps in 3-5 minutes.
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CATL breaks ground on $440 million plant near Tesla Giga Shanghai
The project, with a total floor area of about 350,000 square meters, will be completed and operational within one year.
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CATL contributes 50.24% of China's Jan power battery installations
CATL's share of the ternary battery market was 57.17 percent in January, and 44.6 percent in the LFP battery market.
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CATL addresses concerns after shares fall 20% in past two months
While there are other players who will rely on low prices to compete for market share, CATL has the lowest costs and highest reliability of supply, it said.
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CATL sues rival Svolt Energy, alleging unfair competition
Nine former CATL employees joined two affiliated companies of Svolt Energy, and CATL believes that the individuals violated their non-compete agreements, according to local media.
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CATL says it has reported to police in response to 'series of malicious rumors'
A series of malicious rumors about CATL being sanctioned by the US, being removed from the ChiNext index, and failed negotiations with Tesla have sparked market misunderstandings,
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CATL denies consulting on possibility of being sanctioned by US
Although the rumor did not spread widely, CATL shares traded in Shenzhen plunged 6.66 percent at the close of trading.
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CATL remains world's largest EV battery maker for fifth consecutive year
CATL's share of the global power battery market reached 32.6 percent in 2021, up 8 percentage points from 24.6 percent in 2020.
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CATL sees net profit growth of over 150% in 2021
The growth is mainly due to increased penetration in the NEV and energy storage markets in 2021, boosting battery sales.
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