CATL
CATL opens 1st experience center to showcase EV models powered by its batteries
CATL's first experience center opened today, bringing together nearly 100 models from about 50 automotive brands it ramps up its engagement with consumers.
China EV battery installations in Jul: CATL's share 47.3%, BYD 22.83%
CATL's share increased by 2.24 percentage points in July compared to June, while BYD decreased by 2.49 percentage points.
Global EV battery market share in H1 2024: CATL 37.8%, BYD 15.8%
CATL and BYD continued to hold the top two positions as the world's largest battery makers in the first half of 2024, both increasing their share slightly from January-May.
CATL invests in Autoflight as it targets emerging eVTOL sector
CATL invested hundreds of millions of dollars in Autoflight, the first known CATL investment in an eVTOL maker.
CATL sees profit up in Q2, gross margin flat
CATL saw second-quarter profit rebound from the first quarter, while gross margin remained flat.
CATL plans to raise $1.5 billion fund to build its global supply chain, report says
The offshore fund will help CATL finance the corporate ecosystem needed to expand production in Europe and other foreign markets, according to the Financial Times.
CATL launches commercial vehicle battery brand Tectrans and 2 battery packs
The Tectrans L-series battery packs have already been mass-produced and have been selected for 21 models from 13 automakers.
Global EV battery market share in Jan-May 2024: CATL 37.5%, BYD 15.7%
CATL continues to be the world's largest battery maker in Jan-May, but share continued to decrease, while BYD continues to increase its share.
CATL expects its batteries to power electric aircraft with up to 3,000 km range
CATL has successfully test flown a 4-ton civil electric aircraft and expects to release an 8-ton electric aircraft in 2027-2028.
CATL, Rolls-Royce tie up to bring Tener energy storage system to Europe
The Tener energy storage system has been integrated into Rolls-Royce's mtuEnergyPack QG solution.