CATL

Last updated

Contemporary Amperex Technology Co., Limited
Native name
宁德时代新能源科技股份有限公司
SZSE: 300750
Industry Electric batteries
Founded2011;13 years ago (2011)
Founder Robin Zeng
Headquarters
Ningde, Fujian
,
China
Key people
RevenueIncrease2.svg US$ 56.6 billion (2023) [1]
Increase2.svg US$ 6.2 billion (2023) [1]
Total assets Increase2.svg US$ 101.0 billion (2023) [1]
Number of employees
116,055 (2023) [2]
Website www.catl.com OOjs UI icon edit-ltr-progressive.svg

Contemporary Amperex Technology Co., Limited (CATL) is a Chinese battery manufacturer and technology company founded in 2011 that specializes in the manufacturing of lithium-ion batteries for electric vehicles and energy storage systems, as well as battery management systems (BMS). [3] The company is the biggest EV and energy storage battery manufacturer in the world, with a global market share of around 37% and 40% respectively in 2023. [4] [5] [6] The company is headquartered in the city of Ningde in China's Fujian province.

Contents

History

CATL was founded in Ningde, which is reflected in its Chinese name ('Ningde era'). The company started as a spin-off of Amperex Technology Limited (ATL), a previous business founded by Robin Zeng in 1999. ATL initially manufactured lithium-polymer batteries based on licensed technology but later developed more reliable battery designs themselves.[ citation needed ] In 2005, ATL was acquired by Japan's TDK company, but Zeng continued as a manager for ATL. In 2011, [7] A group of Chinese investors, led by Zeng and vice-chairman Huang Shilin, spun off the EV battery operations of ATL into the new company CATL after acquiring an 85% stake. Former parent TDK retained its 15% stake in CATL until 2015. [8] [9] Zeng has applied management styles of TDK and Huawei to his company. [9]

2011-2021

Amid the rise of electric vehicles, CATL gradually became one of the leading battery providers in the world due to its early investments in EV battery technologies and government subsidization of the battery industry. In 2011, China required foreign automakers to transfer crucial technology to domestic companies in order to receive subsidies for electric vehicles. In 2012, CATL established cooperation with BMW Brilliance, its first main customer. [10] [8] [11] China's dominant position in the battery manufacturing supply chain, including the control over rare-earth materials, provided an ideal foundation for Chinese companies like CATL to decouple from the monopoly of Western technology. It started to provide components to the supply chains of European and American vehicle manufacturers amidst competition from Panasonic and L.G. Chemical. [12]

In 2016, CATL was the world's third largest provider of EV, HEV and PHEV batteries, behind Panasonic (Sanyo) and BYD. [13] In 2017, CATL's sales of power battery system reached 11.84GWh, taking the lead worldwide for the first time. [14]

In January 2017, CATL announced a strategic partnership with Valmet Automotive, focusing on project management, engineering and battery pack supply. CATL acquired a 22% stake in Valmet Automotive. [15] [16]

In June 2018, CATL went public on the Shenzhen Stock Exchange. [17]

BMW announced in 2018 that it would buy €4 billion worth of batteries from CATL for use in the electric Mini and iNext vehicles. [18] In the same year, CATL announced that it would establish a new battery factory in Arnstadt, Thuringia, Germany. [18]

In June 2020, Zeng Yuqun announced that the company had achieved a battery for electric vehicles (EVs) rated as good for 1 million miles (or 1.6 million kilometers). [19] [20]

In 2021 the company unveiled a sodium-ion battery for the automotive market. [21] A battery recycling facility is planned to recover some of the materials. [22] CATL continued to invest in cobalt batteries as well, and acquired a near 25% stake in the Democratic Republic of Congo's Kisanfu cobalt mine, one of the world's largest sources of cobalt. [23] [8]

2022–present

Battery storage solutions provided to a utility in Switzerland. WEW Walenstadt Grossbatteriespeicher.jpg
Battery storage solutions provided to a utility in Switzerland.

In the first half, CATL ranked first in the world with a market share of 34 percent, according to SNE research. [24] CATL announced plans to establish a battery factory in Debrecen, Hungary. [25] Their Yibin manufacturing plant was certified as the world's first zero-carbon battery factory. [26]

In July 2022, Ford announced buying batteries from CATL for use in the Ford Mustang Mach-E and Ford F-150 Lightning models, [27] which subsequently raised concerns with the United States House Select Committee on Strategic Competition between the United States and the Chinese Communist Party. [28] In October, CATL expanded its deal with VinFast to provide a skateboard chassis and "enhance global footprint". [29]

On August 12, 2022, CATL announced its second European battery plant in Hungary. [30] [31]

In 2023, CATL received the equivalent of US$790 million in state subsidies. [32] The same year, CATL introduced its M3P battery, offering a 15% increase in energy density, reaching 210 Wh/kg. The battery replaces the iron in the lithium iron phosphate battery with a combination of magnesium, zinc, and aluminum. [33]

Later that year, the company announced its Shenxing LFP battery. [34] The cathode of Shenxing LFP is fully nano-crystallized, which accelerates ion movement and the response to charging signals. The anode's second-generation fast ion ring technology increases intercalation channels and shortens intercalation distance. Its superconducting electrolyte formula reduces viscosity and improves conductivity. A new separator film reduces resistance. At room temperature, Shenxing can charge from 0 to 80% in 10 minutes and in just 30 minutes at -10 °C, maintains 0-100 kph performance at low temperatures. Safety is enhanced by using a safe coating for the electrolyte and the separator. A real-time fault testing system allows safe and fast refueling. [34] Ford announced a 2,500 worker battery plant in Marshall, Michigan using CATL technology. The facility would be a Ford subsidiary. Making the batteries domestically would enable Ford customers to access federal subsidies. The project was paused after lawmakers questioned the tax subsidies. [35] [36]

In November 2023, CATL and Stellantis announced that they are considering the possibility of a joint investment in the form of a joint venture with equivalent contributions. [37] [38]

CATL signs MoU with HKSTP CATL and HKSTP.jpg
CATL signs MoU with HKSTP

On December 7, 2023, CATL and Hong Kong Science and Technology Parks Corporation (HKSTP) signed a memorandum of understanding to establish a CATL research center at the HKSTP with investment of over HKD 1.2 billion. [39]

In 2023, the World Intellectual Property Organization (WIPO)’s Annual PCT Review ranked CATL's number of patent applications published under the PCT System as 8th in the world, with 1,799 patent applications being published during 2023. [40]

In April 2024, CATL announced Tener, a large scale stationary energy storage system. It is claimed to feature all-round safety, zero degradation over five-years and 6.25 MWh capacity per unit. It incorporates biomimetic SEI (solid electrolyte interphase) and self-assembled electrolyte technologies. [41]

In August 2024, American legislators Marco Rubio and John Moolenaar asked Defense Secretary Lloyd Austin to add CATL to a list of companies prohibited from receiving U.S. military contracts. [42]

As of September 2024, CATL is the top recipient of Chinese corporate subsidies, a position it has maintained since 2023. [43] [44]

Facilities

CATL operates thirteen battery manufacturing plants worldwide, namely in: [45]

Partnerships

Battery electric bus with CATL batteries. Introduction of Ankai HFF6109G03EV15 BEV city bus.jpg
Battery electric bus with CATL batteries.

Due to its main competitor BYD Company prioritizing battery supply to its own vehicles, CATL was able to capture partnerships with foreign automakers. [9] CATL's battery technology is currently used by electric vehicle manufacturers in the overseas market, and CATL collaborates with companies including BMW, [46] Daimler AG, Hyundai, [47] Honda, [48] Li Auto, NIO, PSA, [49] Tesla, Toyota, Volkswagen, Volvo and XPeng. [20]

In China, its clients include BAIC Motor, Geely, GAC Group, Yutong Bus, Zhongtong Bus, Xiamen King Long, SAIC Motor and Foton Motor. [50] [51] CATL also partners with Valmet Automotive, [15] [16] BMW, [18] Ford, [27] [28] [35] [36] VinFast, [29] and Hong Kong Science and Technology Parks Corporation. [39]

Assessment

CATL LiFePo4 302Ah battery cell CATL Lifepo4 302Ah.jpg
CATL LiFePo4 302Ah battery cell

According to former Tesla battery supply chain manager Vivas Kumar, CATL "are seen as the leaders of lithium iron phosphate battery (LFP battery) technology". The company employs the cell-to-pack method to reduce the inactive weight of its batteries. It increases volume utilization rate by 15% to 20%, doubles the production efficiency and reduces the number of parts for a battery pack by 40%, while the energy density of a battery pack jumps from 140 to 150 Wh/Kg to 200 Wh/Kg. [52]

According to Kumar, unlike competitors such as LG Energy Solution or SK Innovation, CATL is more willing to adapt outside technology, as opposed to applying a full in-house design. [9]

In 2024 Tu Le, of consultancy Sino Auto Insights, claimed that the US was "years behind" China in batteries, and that "if the US is going to be competitive on the global stage with EVs, through 2030 they’re going to have to use Chinese batteries". [53]

Security concerns

In December 2023, Duke Energy disconnected CATL batteries from Marine Corps Base Camp Lejeune due to security concerns. [54] [55] CATL called accusations about its batteries posing espionage threats "false and misleading." [56] [57] The National Defense Authorization Act for Fiscal Year 2024 prohibited US defense funding for CATL products. [58] [59]

In June 2024, a group of U.S. lawmakers asked the United States Department of Homeland Security to add CATL to an import ban list under the Uyghur Forced Labor Prevention Act. [60] [61] CATL said in a statement that the allegations against it were "groundless and completely false" and that it was in compliance with applicable laws and regulations. [62] [63]

See also

Related Research Articles

<span class="mw-page-title-main">History of the electric vehicle</span>

Crude electric carriages were first invented in the late 1820s and 1830s. Practical, commercially available electric vehicles appeared during the 1890s. An electric vehicle held the vehicular land speed record until around 1900. In the early 20th century, the high cost, low top speed, and short-range of battery electric vehicles, compared to internal combustion engine vehicles, led to a worldwide decline in their use as private motor vehicles. Electric vehicles have continued to be used for loading and freight equipment and for public transport – especially rail vehicles.

BYD Auto Co., Ltd. is the main automotive subsidiary and brand of BYD Company, a publicly listed Chinese multinational manufacturing company. It manufactures passenger battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs), collectively known as new energy vehicles (NEVs) in China. It also produces electric buses and trucks. The company sells its vehicles under the main BYD brand and high-end vehicles under its Denza, Yangwang and Fangchengbao brands.

<span class="mw-page-title-main">Tesla, Inc.</span> American electric vehicle and clean energy company

Tesla, Inc. is an American multinational automotive and clean energy company. Headquartered in Austin, Texas, it designs, manufactures and sells battery electric vehicles (BEVs), stationary battery energy storage devices from home to grid-scale, solar panels and solar shingles, and related products and services.

<span class="mw-page-title-main">Valmet Automotive</span> Finnish automotive company

Valmet Automotive is a Finnish vehicle contract manufacturer and supplier of battery, roof, and kinematic systems.

<span class="mw-page-title-main">Automotive industry in China</span>

The automotive industry inmainland China has been the largest in the world measured by automobile unit production since 2008. As of 2024, mainland China is also the world's largest automobile market both in terms of sales and ownership.

<span class="mw-page-title-main">Lithium iron phosphate battery</span> Type of rechargeable battery

The lithium iron phosphate battery or LFP battery is a type of lithium-ion battery using lithium iron phosphate as the cathode material, and a graphitic carbon electrode with a metallic backing as the anode. Because of their low cost, high safety, low toxicity, long cycle life and other factors, LFP batteries are finding a number of roles in vehicle use, utility-scale stationary applications, and backup power. LFP batteries are cobalt-free. As of September 2022, LFP type battery market share for EVs reached 31%, and of that, 68% were from EV makers Tesla and BYD alone. Chinese manufacturers currently hold a near monopoly of LFP battery type production. With patents having started to expire in 2022 and the increased demand for cheaper EV batteries, LFP type production is expected to rise further and surpass lithium nickel manganese cobalt oxides (NMC) type batteries in 2028.

<span class="mw-page-title-main">Charging station</span> Installation for charging electric vehicles

A charging station, also known as a charge point, chargepoint, or electric vehicle supply equipment (EVSE), is a power supply device that supplies electrical power for recharging plug-in electric vehicles.

<span class="mw-page-title-main">Electric vehicle battery</span> Battery used to power the electric motors of a battery electric vehicle or hybrid electric vehicle

An electric vehicle battery is a rechargeable battery used to power the electric motors of a battery electric vehicle (BEV) or hybrid electric vehicle (HEV).

<span class="mw-page-title-main">Electric car</span> Car propelled by an electric motor using energy stored in batteries

An electric car or electric vehicle (EV) is a passenger automobile that is propelled by an electric traction motor, using electrical energy as the primary source of propulsion. The term normally refers to a plug-in electric vehicle, typically a battery electric vehicle (BEV), which only uses energy stored in on-board battery packs, but broadly may also include plug-in hybrid electric vehicle (PHEV), range-extended electric vehicle (REEV) and fuel cell electric vehicle (FCEV), which can convert electric power from other fuels via a generator or a fuel cell.

<span class="mw-page-title-main">Plug-in electric vehicles in the United States</span> Overview of plug-in electric vehicles in the US

The adoption of plug-in electric vehicles in the United States is supported by the American federal government, and several states and local governments.

<span class="mw-page-title-main">Electric vehicle industry in China</span>

The electric vehicle industry in China is the largest in the world, accounting for around 58% of global production of electric vehicles (EVs) and more than 1.5 million exports in 2023. In 2023, CAAM reported China had sold 9.05 million passenger electric vehicles, consisting 6.26 million BEVs and 2.79 million PHEV. China also dominates the plug-in electric bus and light commercial vehicle market, reaching over 500,000 buses and 247,500 electric commercial vehicles in 2019, and recording new sales of 447,000 commercial EVs in 2023.

<span class="mw-page-title-main">Combined Charging System</span> Electric vehicle charging standard

The Combined Charging System (CCS) is a standard for charging electric vehicles. It can use Combo 1 (CCS1) or Combo 2 (CCS2) connectors to provide power at up to 350 kilowatts (kW) . These two connectors are extensions of the IEC 62196 Type 1 and Type 2 connectors, with two additional direct current (DC) contacts to allow high-power DC fast charging. In response to demand for faster charging, 400 kW CCS chargers have been deployed by charging networks and 700 kW CCS chargers have been demonstrated.

<span class="mw-page-title-main">Nio Inc.</span> Chinese car company

Nio Inc. is a Chinese multinational automobile manufacturer headquartered in Shanghai, specializing in designing and developing electric vehicles. The company was established in 2014, and adopted its current name in 2016. In 2018, Nio filed for a initial public offering on the New York Stock Exchange. The company expanded its sales to the European market in 2021. As of 2023, Nio has two manufacturing plants in Hefei, Anhui Province, China, in collaboration with state-owned vehicle manufacturer JAC Group.

<span class="mw-page-title-main">XPeng</span> Chinese car company

Guangzhou Xiaopeng Motors Technology Co., Ltd., doing business as XPeng Motors, commonly known as XPeng, is a Chinese electric vehicle manufacturer. The company is headquartered in Guangzhou, Guangdong, with offices in Mountain View, California, United States and Munich, Germany. XPeng stock is publicly traded on the New York Stock Exchange and the Hong Kong Stock Exchange.

<span class="mw-page-title-main">Robin Zeng</span> Chinese billionaire business magnate

Robin Zeng Yuqun is a Chinese billionaire businessman. He is the founder and chairman of the battery manufacturer CATL. Zeng is also a vice chairman of the All-China Federation of Industry and Commerce.According to Bloomberg Billionaires Index, in 2024, he's the 45th richest in the world with an estimated net worth of US$ 38.6 billion.

<span class="mw-page-title-main">Zeekr</span> Chinese automobile brand

Zeekr Intelligent Technology Holding Limited, trading as Zeekr is a Chinese publicly listed automobile company and brand owned by Geely Automobile Holdings. Founded in 2021, it specializes in premium electric cars. Zeekr products are built on the EV-focused Sustainable Experience Architecture (SEA) platform.

<span class="mw-page-title-main">Redwood Materials</span> American battery-recycling company

Redwood Materials, Inc. is an American company headquartered in Carson City, Nevada. The company aims to recycle lithium-ion batteries and produce battery materials for electromobility and electrical storage systems. Founded in 2017 by J. B. Straubel, Redwood Materials was reported to have a valuation of about $3.7 billion as of July 2021.

<span class="mw-page-title-main">ATL (company)</span> Chinese battery manufacturer

Amperex Technology Limited (ATL) is a battery manufacturing company founded in 1999 by Robin Zeng. The company specializes in the research, development, and manufacturing of rechargeable lithium-ion and lithium-ion polymer batteries. ATL is notable for supplying batteries used in mobile devices, including smartphones, laptops, and digital cameras, sourcing their products to tech companies such as Apple and Samsung.

References

  1. 1 2 3 "Contemporary Amperex Technology". Fortune Global 500. Fortune. Archived from the original on 4 July 2024. Retrieved 24 August 2024.
  2. ↑ "CATL 2023 Annual Report". Archived from the original on 15 July 2024. Retrieved 15 July 2024.
  3. ↑ "CATL Company Profile". catlbattery.com. Archived from the original on 25 February 2017. Retrieved 29 March 2017.
  4. ↑ Kang, Lei (7 February 2024). "Global EV battery market share in 2023: CATL 36.8%, BYD 15.8%". CnEVPost. Archived from the original on 3 March 2024. Retrieved 3 March 2024.
  5. ↑ "Global EV battery market share in 2022: CATL 37%, BYD 13.6%". 8 February 2023. Archived from the original on 28 June 2023. Retrieved 3 May 2023.
  6. ↑ "How China's EV battery makers stack up in energy storage". Reuters. 5 July 2024.
  7. ↑ "The inside story of how CATL became the world's largest electric-vehicle battery company". Quartz. 3 April 2019. Archived from the original on 26 June 2024. Retrieved 15 July 2024.
  8. 1 2 3 "Why a Chinese Company Dominates Electric Car Batteries". The New York Times. 22 December 2021.
  9. 1 2 3 4 Tyler-Dudley, Davis; Ferguson, John; Liu, Sherry; Valdez, Kristopher (6 May 2021). CATL: China's Battery King (PDF) (Report). Harvard Business School. Archived from the original (PDF) on 16 July 2023.
  10. ↑ Pandaily (31 May 2022). "CATL to Supply Cylindrical Cells for BMW's New Electric Vehicles". Pandaily. Archived from the original on 22 September 2023. Retrieved 15 July 2024.
  11. ↑ "BMW Gains Option to Buy Stake in Battery Maker CATL - Caixin Global". www.caixinglobal.com. Archived from the original on 25 December 2022. Retrieved 15 July 2024.
  12. ↑ "US-China Trade War Recap - 中美貿易戰回顧". THE KEITH & EVEN GROUP. Archived from the original on 12 April 2022. Retrieved 12 April 2022.
  13. ↑ "World's 3rd largest battery firm may ally with VW for electric cars in China". Green Car Reports. 3 October 2017. Archived from the original on 16 May 2021. Retrieved 16 May 2021.
  14. ↑ "CATL reports YoY net profit growth of 31.4% in 2017". Gasgoo. Archived from the original on 27 March 2023. Retrieved 27 March 2023.
  15. 1 2 "Valmet Automotive and CATL form a strategic partnership in electric vehicle solutions – CATL invests in Valmet Automotive to become an important owner". valmet-automotive.com. Archived from the original on 28 February 2017. Retrieved 29 March 2017.
  16. 1 2 Forsell, Tuomas (30 January 2017). "Chinese battery maker CATL buys stake in Finnish car supplier". Reuters. Archived from the original on 15 September 2017. Retrieved 17 June 2017.
  17. ↑ "China battery maker CATL closes limit-up on stock market debut". Reuters. 11 June 2018.
  18. 1 2 3 Geuss, Megan (9 July 2018). "Chinese firm will build battery factory in Germany to supply BMW, Volkswagen". Ars Technica . Archived from the original on 9 July 2018.
  19. ↑ "A Million-Mile Battery From China Could Power Your Electric Car". Bloomberg.com. 7 June 2020. Archived from the original on 8 June 2020.
  20. 1 2 "Tesla battery supplier Catl says new design has one million-mile lifespan". BBC. 8 June 2020. Archived from the original on 9 June 2020.
  21. ↑ "China's CATL unveils sodium-ion battery – a first for a major car battery maker". Reuters. 29 July 2021. Archived from the original on 7 November 2021. Retrieved 29 July 2021.
  22. ↑ Doll, Scooter (12 October 2021). "Tesla supplier CATL announces $5 billion battery recycling facility". Electrek . Archived from the original on 30 March 2023. Retrieved 13 October 2021.
  23. ↑ "CATL takes stake in China Moly cobalt mine for $137.5 million". Reuters. 11 April 2021.
  24. ↑ "2022 1H Global[1] EV & Battery Performance Review". SNE research. Archived from the original on 27 May 2023. Retrieved 1 October 2022.
  25. ↑ "EUR 7.4 BN Battery Plant to be Built in Debrecen". hungarytoday.hu. 12 August 2022. Archived from the original on 12 August 2022. Retrieved 12 August 2022.
  26. ↑ "Yibin factory becomes the first zero-carbon factory of "Ningwang". The competition of power battery has been upgraded from production capacity to "green" supply chain._SMM | Shanghai Non ferrous Metals". news.metal.com. Archived from the original on 27 July 2023. Retrieved 27 July 2023.
  27. 1 2 White, Joseph; Klayman, Ben (21 July 2022). "Ford announces series of deals to accelerate EV push". Reuters . Archived from the original on 21 July 2022. Retrieved 22 July 2022.
  28. 1 2 Swanson, Ana; Ewing, Jack (21 July 2023). "Lawmakers Challenge Ford and Chinese Battery Partner Over Forced Labor". The New York Times . ISSN   0362-4331. Archived from the original on 22 July 2023. Retrieved 22 July 2023.
  29. 1 2 Scooter Doll, Scooter (31 October 2022). "CATL expands deal with Vinfast to provide skateboard chassis for EVs and 'enhance global footprint'". Electrek. Archived from the original on 26 March 2023. Retrieved 1 November 2022.
  30. ↑ "China's CATL to build $7.6 bln Hungary battery plant to supply Mercedes, BMW". Reuters . Archived from the original on 4 December 2023. Retrieved 15 July 2024.
  31. ↑ "Mercedes, CATL Partner on $7.6 Billion Hungary Battery Plant". Bloomberg News . 12 August 2022. Archived from the original on 17 November 2023. Retrieved 15 July 2024.
  32. ↑ Douglas, Jason; Leong, Clarence (3 August 2024). "The U.S. Has Been Spending Billions to Revive Manufacturing. But China Is in Another League" . The Wall Street Journal . Archived from the original on 5 August 2024. Retrieved 5 August 2024.
  33. ↑ Bleakley, Daniel (27 March 2023). "Tesla supplier CATL to produce M3P batteries that will deliver big boost in range for EVs". The Driven. Archived from the original on 27 March 2023. Retrieved 27 March 2023. The world's largest battery manufacturer CATL is to begin production of its M3P batteries, which are 15 per cent more energy dense than LFP (Lithium iron phosphate) batteries, and will perform better and cost less than nickel and cobalt-based batteries...The increased energy density now at (210 kWh/kg) will enable EVs like the Tesla Model 3 to get a range of around 700 km with a similar sized battery pack to the existing LFP batteries CATL currently supplies Tesla.
  34. 1 2 Shahan, Zachary (16 August 2023). "Transformational Fast-Charging LFP Batteries — Coming Soon". CleanTechnica. Archived from the original on 17 August 2023. Retrieved 17 August 2023.
  35. 1 2 Wayland, Michael (9 May 2023). "Ford to move forward with $3.5 billion EV battery plant with Chinese company". CNBC. Archived from the original on 26 August 2023. Retrieved 3 August 2023.
  36. 1 2 Li Q, Yan Z, Goh B (19 October 2023). Kim M, Fahmy M, Fenton S (eds.). "Chinese EV battery giant CATL reports sharp slowdown in profit growth". Reuters . Archived from the original on 23 October 2023. Retrieved 24 October 2023.
  37. ↑ "Stellantis, China's CATL in EV Battery Supply Pact for Europe". Bloomberg News . 21 November 2023. Archived from the original on 21 November 2023. Retrieved 15 July 2024.
  38. ↑ "Stellantis, CATL plan factory in Europe to make cheaper EV batteries". Reuters . Archived from the original on 15 December 2023. Retrieved 15 July 2024.
  39. 1 2 "宁德时代国际研发中心落户香港". Securities Times (in Chinese (China)). 8 December 2023. Archived from the original on 9 December 2023. Retrieved 9 December 2023.
  40. ↑ "PCT Yearly Review 2024" (PDF). p. 39.
  41. ↑ Lambert, Fred (12 April 2024). "CATL unveils Tesla Megapack competitor, claims zero degradation and more capacity". Electrek. Archived from the original on 13 April 2024. Retrieved 12 April 2024.
  42. ↑ Budryk, Zack (29 August 2024). "Marco Rubio, John Moolenaar ask Pentagon to blacklist Contemporary Amperex Technology". The Hill . Retrieved 29 August 2024.
  43. ↑ "CATL reigns as China's top subsidy recipient with 35% jump in first half". Nikkei Asia . 26 September 2024.
  44. ↑ "China gives EV sector billions of yuan in subsidies". Nikkei Asia . 21 September 2023.
  45. ↑ "Company Profile". www.catl.com. Archived from the original on 11 November 2020. Retrieved 27 July 2023.
  46. ↑ "Electric cars: China's battle for the battery market". Financial Times. 5 March 2017. Archived from the original on 30 March 2017. Retrieved 29 March 2017.
  47. ↑ "Hyundai chooses Chinese battery supplier". Nikkei. Archived from the original on 2 May 2017. Retrieved 2 May 2017.
  48. ↑ "China's CATL to supply Honda with EV batteries through 2027". Nikkei Asian Review. Archived from the original on 28 February 2019. Retrieved 1 March 2019.
  49. ↑ "PSA chooses LG and China's CATL for batteries in future hybrid car". Reuters Editorial. Archived from the original on 7 March 2017. Retrieved 29 March 2017.
  50. ↑ "Battery Maker Helping Power China Electric Car Boom Plans IPO". Bloomberg.com. 1 September 2016. Archived from the original on 5 February 2017. Retrieved 29 March 2017.
  51. ↑ "Global Li-ion Power Battery Industry Report, 2017–2020 with Focus on the Chinese Market – Research and Markets" . Retrieved 29 March 2017.[ permanent dead link ]
  52. ↑ "CATL, BAIC BJEV jointly unveil the world's first cell-to-pack battery pack". 30 September 2019. Archived from the original on 24 December 2022. Retrieved 1 September 2022.
  53. ↑ Hawkins, Amy (18 March 2024). "CATL, the little-known Chinese battery maker that has the US worried". The Guardian. Archived from the original on 7 June 2024. Retrieved 18 March 2024.
  54. ↑ Martina, Michael (7 December 2023). "Duke Energy disconnects CATL batteries from Marine Corps base over security concerns". Reuters . Archived from the original on 7 December 2023. Retrieved 7 December 2023.
  55. ↑ "China's CATL denies 'espionage threat' accusations" . Financial Times . 7 December 2023. Archived from the original on 7 December 2023. Retrieved 7 December 2023.
  56. ↑ "CATL Denies That Its Batteries Pose a Security Risk After US' Duke Energy Pulls Plug". www.yicaiglobal.com. Archived from the original on 15 July 2024. Retrieved 15 July 2024.
  57. ↑ "Chinese battery giant CATL hits back at Duke Energy disconnecting batteries". Reuters . Archived from the original on 12 December 2023. Retrieved 15 July 2024.
  58. ↑ Singh, Kanishka (7 December 2023). "Key provisions of the US Congress' massive defense bill". Reuters . Archived from the original on 7 December 2023. Retrieved 7 December 2023.
  59. ↑ "US to Ban Pentagon Battery Purchases From China's CATL, BYD". Bloomberg News . 19 January 2024. Archived from the original on 19 January 2024. Retrieved 20 January 2024.
  60. ↑ Vanderford, Richard (6 June 2024). "Chinese Battery Suppliers Tied to Ford, VW Should Be Banned, GOP Lawmakers Say" . The Wall Street Journal . Archived from the original on 7 June 2024. Retrieved 7 June 2024.
  61. ↑ Huang, Jiahui (7 June 2024). "CATL Shares Drop After U.S. Lawmakers Call for Import Ban". MarketWatch . Archived from the original on 7 June 2024. Retrieved 7 June 2024.
  62. ↑ "China Auto Roundup: CATL Refutes U.S. Allegations of Forced Labor, Turkey to Hike Tariffs on Chinese Vehicles". Caixin . Archived from the original on 13 June 2024. Retrieved 15 July 2024.
  63. ↑ "US lawmakers call to add China's CATL, Gotion to import ban list, WSJ reports". Reuters .
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.