CATL

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CATL is the world's largest power battery maker and a supplier to a large number of EV makers including Tesla, Nio and Li Auto.
Founded: Dec 2011
Founder: Robin Zeng
Ticker: SHE: 300750
HQ: Ningde
Website: catl.com
  • CATL signs deal to license CTP technology to Thailand's Arun Plus

    Arun Plus and CATL will supply battery products to Horizon Plus, the former's joint venture with Foxconn, and other EV brands.

  • BYD significantly narrows gap with CATL in China's EV battery market in April

    BYD's share reached 32.2 percent in April, narrowing the gap to 6.1 percentage points from CATL's 38.3 percent share.

  • CATL's Shanghai plant restores production to pre-lockdown levels

    CATL's Shanghai plant, located in Shanghai Lingang, near Tesla's factory, resumed production on April 18.

  • CATL said to be in talks to open US plants serving BMW and Ford

    CATL is in the final stages of reviewing locations for EV battery production in the US, Reuters reported.

  • CATL expects its battery capacity to reach over 670 GWh by 2025

    Looking at future capacity demand and the company's current capacity profile, it has a capacity gap of no less than 390 GWh by 2025, CATL said.

  • CATL says it plans to unveil Qilin battery in Q2

    The Qilin battery has a 13 percent higher energy density than a large cylindrical battery with the same electrochemical system, CATL said.

  • CATL says it has explored possibility of local production with US customers

    As for the specifics, the impact of worker training, efficiency, labor unions and other factors on quality and cost need to be taken into account.

  • CATL shares plunge after posting weaker-than-expected earnings

    At press time, CATL was down 8.64 percent on volume that hit a single-day high since its 2018 IPO in less than half a trading day.

  • CATL remains world's largest EV battery maker with 35% share in Q1

    CATL shipped 33.3 GWh in the first quarter, with a 35 percent share, up from 34.4 percent at the end of February.

  • CATL says it has renegotiated prices with customers to jointly address supply chain pressures

    CATL is very cautious when it comes to prices in order to maintain a healthy industry, but prices have risen too quickly this year, an executive said.