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NEWS TAGGED CATL
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.
Friday 17 February 2023
Senate's Warner calls China scrutiny of Ford's battery deal ironic
Senate Intelligence Chairman Mark Warner criticized Beijing's scrutiny of Ford Motor Co.'s partnership with a Chinese electric-vehicle battery giant as ironic and hypocritical considering...
Wednesday 15 February 2023
Ford to build EV battery plant in US with CATL technology
Ford has announced plans to invest US$3.5 billion in the construction of an automotive LFP battery plant in Marshall, Michigan, as well as a collaboration with China's Contemporary...
Wednesday 8 February 2023
BYD and LGES rivals in 2022 global battery usage
Global EV battery usage increased by 71.8% from 2021 to 2022, according to South Korea-based SNE Research. BYD reached the same battery installation level as LG Energy Solution last...
Friday 27 January 2023
BYD surpasses LGES to become second-largest global maker of EV batteries
China-based BYD has surpassed South Korea-based LG Energy Solution (LGES) to become the globally second-largest maker of power batteries used in electric vehicles (EVs) and PHEVs...
Wednesday 18 January 2023
CATL and Nio consolidate partnership for new brand and long-lasting battery
China-based battery giant CATL signed a comprehensive strategic agreement with EV maker Nio on January 17. The pair aims to work together on new brands and overseas expansion with...