CATL

NEV maker says CATL has raised battery prices twice since second half of last year

The cost of a NEV increased by RMB 10,000 ($1,570) after the last battery price hike, and rose by another RMB 10,000 not long ago.

Tesla, Nio supplier CATL reportedly plans $5 billion battery plant in North America

CATL aims to build a plant in North America capable of producing up to 80 GWh of batteries a year and eventually employing up to 10,000 workers, according to Bloomberg.

CATL's market share in China drops to 48.02% in Feb

CATL's battery installations in China in February were 6.57 GWh, accounting for 48.02 percent market share, down from 50.24 percent in January.

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.

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.

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.

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.

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.

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.

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, it said.
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