CATL

CATL is in talks with potential advisers and a listing in Hong Kong could take place as early as the first half of 2025, according to Bloomberg.

CATL has unveiled two standardized Choco-SEB battery packs and plans to launch 10 models using the packs with partners, one for each of the following quarters.

Hongqi is the second automotive brand in the past month to announce the adoption of CATL's Choco-SEB battery swap solution.

China's EV battery installations were 67.2 GWh in November, up 49.7 percent year-on-year and up 13.5 percent from October.

The Spanish plant will be CATL's third in Europe, with a total planned investment of $4.26 billion and an annual capacity of up to 50 GWh.

CATL and BYD continued to hold the top two positions as the world's largest battery makers in the January-October period, both increasing their share slightly from January-September.

CATL contributed 35.2 percent of global EV battery shipments in the third quarter, while BYD FinDreams contributed 17.0 percent.

CATL has launched new batteries for heavy-duty commercial vehicles under its commercial vehicle battery brand Tectrans, after previously launching similar products for the logistics and electric bus industries.

Changan said its Oshan 520, built on CATL's battery swap solution, will bring a new experience to the shared mobility market.

CATL is in talks to set up a battery recycling business in Europe, discussing possible plant sites with European governments including Hungary, according to Bloomberg.