CATL

Following the funding, CAIT-SH is valued at over RMB 10 billion, becoming the first unicorn in the skateboard chassis sector.

Maersk will become CATL's preferred global logistics partner, providing integrated services including ocean freight, air freight, project logistics, and warehousing.

CATL's Jianxiawo mine has received reserve approval, bringing it one step closer to restarting production, Bloomberg reported.

Li Auto and CATL will also collaborate to expand domestic and international operations, jointly advancing battery technology innovation and global deployment.

China aims to install over 180 million kW of new energy storage capacity by 2027, driving about RMB 250 billion ($35 billion) in direct project investment.

CATL's August share increased by 0.95 percentage points compared to July, while BYD's share decreased by 0.34 percentage points.

Following the production halt at the CATL lithium mine on August 10, China's lithium carbonate prices surged by 24 percent at one point.

The facility is CATL's second European plant besides its German operation, with an annual capacity target of 100 GWh.

The Shenxing Pro is the first product featuring CATL's latest NP 3.0 technology, targeting Europe's EV market with high safety, ultra-fast charging, and long range.

CATL and BYD collectively installed 326.4 GWh of EV batteries in January-July 2025, accounting for 55.3 percent of the global total.