CATL

Chinese power battery giant CATL unveiled its first-generation sodium-ion battery Thursday, marking the start of a new round of innovation in the industry. In the view of analysts, the battery cells will be used mainly in energy storage and two-wheeled vehicles.

Zeng disagreed with the widely held belief that battery chemistry is no longer innovative and can only be improved in physical structure, saying, "We're happy to explore the mysteries."

Chinese battery giant CATL ranked No. 1 in the global power battery market with a 29.9 percent market share in the first half of the year, according to SNE Research.

CATL's next-generation sodium-ion battery will exceed 200Wh/kg energy density, the company said.

CATL said its participation as a limited partner is mainly to expand its investment channels and obtain a reasonable return on investment.

Analysts said that in an era of energy change, sodium-ion batteries are expected to gain adoption at an accelerated pace due to their clear advantages in terms of resource quantity and cost.

Nio is the second-largest passenger car customer of CATL, China's largest power battery supplier, after Tesla

In an era of the energy revolution, sodium-ion batteries are expected to accelerate adoption due to their clear advantages in terms of resource quantity and cost.

As China's largest power battery supplier, how to manage idle cash is a question CATL needs to think about.

If CALB loses the lawsuit, its entire product line could be banned.