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NEWS TAGGED CATL
Thursday 30 March 2023
China-based battery makers lead in global EV market with sales dominance
The global top 10 battery companies contributed about 71% of EV battery sales worldwide in 2022, according to South Korea-based SNE Research. Most of these major players are headquartered...
Wednesday 29 March 2023
CATL tops China's EV battery market with 49% market share
The China Passenger Car Association (CPCA) recently released its February 2023 insights report on the three electrical systems (motor, battery, control) of China's new energy vehicles...
Tuesday 28 March 2023
LGES resumes Arizona project to produce cylindrical batteries for NA EV customers
South Korean LG Energy Solution has restarted a plan to build battery plants in Arizona, the US. The company said it will invest KRW7.2 trillion (US$ 5.5 billion) in the project to...
Monday 27 March 2023
CATL plans to start M3P battery mass production in 2023
World-leading battery maker CATL aims to begin the mass output of M3P batteries this year, according to the company's chairman Zeng Yuqun. Moreover, the company has also developed...
Thursday 23 March 2023
CATL starts mass-producing third-generation CTP-enabled battery Qilin
China-based battery giant CATL has begun mass production of its Qilin battery, according to local news reports. The battery, which leverages the company's latest cell-to-pack (CTP)...
Thursday 16 March 2023
CATL partners with BAIC for EV battery development
China-based battery maker CATL continues to consolidate relationships with automotive OEMs. The company signed an agreement with Beijing Automotive Group (BAIC) on March 13 to co-develop...
Tuesday 14 March 2023
CATL’s EV battery dominance shouldn’t cause Xi undue worry
Contemporary Amperex Technology Co. Ltd. is truly the undisputed electric vehicle battery-making king. It supplies a roll call of carmakers — from Tesla Inc. to Ford Motor Co.,...
Friday 10 March 2023
CATL reports CNY328.6 billion in 2022 revenue, seeing slower profit growth in 4Q
China-based battery maker CATL had a strong 2022 despite the challenges caused by COVID-19 and the lithium price hike. The company saw a 152% growth in revenue and a 92.9% increase...
Thursday 9 March 2023
CATL takes over Sichuan mining company to hold more lithium resources
World-leading battery maker CATL recently took over Sinuowei Mining, a China-based lithium mining company under restructuring. The buyout is expected to help CATL gain influence in...
Wednesday 8 March 2023
Xiaomi CEO says EV production expected to start in 1H2024
Xiaomi plans to begin mass-producing its EVs in the first half of next year, according to its founder, chairman and CEO, Lei Jun. It has been two years since the China-based tech...
Thursday 2 March 2023
More makers in China, Taiwan building presence in SiC sector
China-based carmakers and solar cell suppliers are aggressively foraying into the silicone carbide (SiC) segment in line with the semiconductor self-sufficiency goal set by the government,...
Thursday 2 March 2023
Nio sees vehicle margin drop in 2022, aiming to improve op. income in 4Q2023
China-based EV company Nio finished 2022 with growing revenue and more loss from operations. It said the increased loss was largely because of the lower order forecast for existing...
Tuesday 21 February 2023
EV battery price war to begin
The electric vehicle (EV) battery supply chain is bracing for a potential price war as a result of Contemporary Amperex Technology (CATL) reportedly offering lithium cost rebates...
Monday 20 February 2023
LGES retains crown in 2022 non-Chinese global EV battery usage
South Korea-based research firm SNE Research recently released an analysis of non-Chinese global EV battery usage in 2022. LG Energy Solution topped the list again with a market share...
Monday 20 February 2023
CATL reportedly cut lithium costs for strategic customers
CATL reportedly offers a few customers a lithium cost rebate program to solidify their loyalty. However, Tesla, the largest customer of CATL, is not on the list.