CATL

CATL, China's largest automotive lithium-ion battery maker, plans to invest up to RMB 10.5 billion yuan ($1.6 billion) to expand its power battery production line in Jiangsu Province.

Chinese battery supplier CATL is said to supply power cells to two models built on Hyundai Motor Group's E-GMP platform, with supplies set to begin in 2023, according to cls.cn, citing sources familiar with the matter.

CATL, China's largest automotive lithium-ion battery maker, is going to invest RMB 29 billion ($4.5 billion) in three battery projects in Yibin, Zhaoqing, and Xiapu, considering the strong market demand for lithium batteries.

Under the CTC battery technology, the electric cell can be integrated directly into the chassis, achieving a higher degree of integration.

CATL said it was not involved in the production and operation of the factory.

A Tesla Model 3 spontaneously combusted and exploded in an underground garage in Shanghai on January 19, prompting speculation about what kind of battery was in the vehicle.

It is a mystery who the supplier of the solid-state battery for Nio's first sedan ET7 is.

CATL, China's largest automotive lithium-ion battery maker, may be the supplier of Nio's solid-state battery, China Securities Journal said Monday, citing an unnamed source.

An explosion at a battery recycling company under CATL, China's largest automotive lithium-ion battery maker, has slightly dampened Chinese investors' enthusiasm for the new energy sector.

Nio has contracted a production line of lithium iron phosphate batteries from CATL, and the new cells are being tested and prepared.