CALB

CALB's first filing did not mention the amount it plans to raise, but media reports previously suggested its IPO could raise up to $1.5 billion.

CATL's battery installations in China in February were 6.57 GWh, accounting for 48.02 percent market share, down from 50.24 percent in January.

LFP battery installations in China led ternary batteries for the eighth consecutive month.

CATL's share of the ternary battery market was 57.17 percent in January, and 44.6 percent in the LFP battery market.

LFP batteries led ternary batteries in China for the seventh consecutive month.

CATL's share of the global power battery market reached 32.6 percent in 2021, up 8 percentage points from 24.6 percent in 2020.

Xpeng will gradually replace the batteries originally supplied by CATL with those from CALB, as the price of CATL's products has risen too much, according to local media. However, the company denied it in a response sent to CnEVPost.

CALB will build a battery production facility with a planned annual capacity of 50 GWh in Guangzhou, where Xpeng is headquartered.

BYD ranks second with 25.06 GWh of installed power battery capacity and 16.2 percent market share in 2021.

For the full year 2021, LFP batteries accounted for 51.7 percent of all battery installations, higher than the 48.1 percent for ternary batteries.