NIO and CATL deepen partnership to advance battery longevity, expand to new markets
EV automaker NIO and world leader in battery manufacturing CATL held a signing ceremony in China this week in which the two companies deepen an existing relationship in order to improve EV battery supply chains, advance new EV brands and their respective technology, all while expanding to new markets. Here’s the latest.
Expand Expanding CloseFord weighs adding US EV battery plant with China’s CATL
It’s been a big year for Ford as the automaker’s electric vehicle rollout continues building momentum. Ford is now considering adding additional EV battery cell operations in the US. According to a new report, Ford is mulling an EV battery factory in the US with China’s CATL that includes a unique arrangement to collect tax benefits.
Expand Expanding CloseHonda just secured enough battery capacity to put 1 million EVs on the road
Honda is teaming up with China’s Contemporary Amperex Technology, or CATL as its best known, to supply batteries for over 1 million electric vehicles.
Expand Expanding CloseCATL expands deal with Vinfast to provide skateboard chassis for EVs and ‘enhance global footprint’
Global battery giant CATL and Vietnamese EV automaker Vinfast announced the signing of a memorandum of understanding to expand upon their current battery supply agreement. With this new “strategic cooperation,” the companies will explore CIIC skateboard platforms for EVs and “other areas” surrounding EV and battery technology.
Expand Expanding CloseBMW confirms it will adopt Tesla’s 4680 cell format, pledging billions of dollars for six global battery factories
BMW Group has come out and publicly stated that its future success in a competitive EV market relies heavily on “powerful, innovative, and sustainably produced” battery cells. When BMW’s Neue Klasse (new class) EV architecture launches in 2025, the German automaker says the EV platforms will utilize newly developed 46-mm-diameter battery cells, the same larger design Tesla is using.
Expand Expanding CloseCATL’s energy dense Qilin batteries one-up the 4680 cell and will debut in the ZEEKR 009
Following the debut of its third generation cell-to-pack (CTP) “Qilin” battery cells in June, battery expert CATL has shared which EV brand will be the first to use them – ZEEKR. The energy dense batteries will initially debut on the recently announced ZEEKR 009 MPV, quickly followed by the ZEEKR 001 which promises over 620 miles (1,000 km) of all-electric range.
Expand Expanding CloseTesla, BMW’s EV battery manufacturer, CATL, doubles profits in Q2 earnings
Chinese EV battery maker CATL continues its reign as the world’s largest battery manufacturer after posting robust growth in its Q2 earnings.
Expand Expanding CloseCATL announces giant new 100 GWh battery plant in Hungary
CATL, the world’s largest battery manufacturer, has announced a plan to build a giant new battery plant in Hungary to supply automakers like Mercedes-Benz and BMW.
Expand Expanding CloseCATL chief scientist says energy dense M3P batteries are already in production, debut next year
Following reports out of China earlier this month, battery behemoth CATL has confirmed the production of its M3P batteries that will deliver next year. Although the chemistry may be similar, CATL has said the M3P batteries vary from Lithium Manganese Iron Phosphate (LMFP) cells.
Expand Expanding CloseTesla battery supplier CATL is scouting new factory sites in Mexico
CATL, the world’s largest battery cell manufacturer and one of Tesla’s most critical suppliers, is scouting new factory sites in Mexico – likely to supply Tesla and other US electric automakers.
Expand Expanding CloseCATL reportedly vetting sites for US battery production to support BMW and Ford
A recent report states that global battery conglomerate CATL is in the final stages of vetting potential sites to bring EV battery production to the US. The move would mark the company’s first entry into the second largest automotive market in the world, and the new facilities would provide cells to BMW AG and Ford Motor Company for their EV production stateside.
Expand Expanding CloseBattery giant and Tesla supplier CATL falls on limited profits due to higher material costs
CATL, the largest EV battery manufacturer and a major supplier for Tesla, saw its stock fall after reporting limited profits due to higher battery material costs.
Expand Expanding CloseCATL launches its first four EVOGO battery swap stations in China
Earlier this week, battery manufacturer CATL officially began operating four EVOGO battery swap stations in Xiamen, part of southeast China’s Fujian Province. With the start of battery swap services, CATL has declared Xiamen the world’s first EVOGO city, with plans for dozens more stations this year.
Expand Expanding CloseCATL invests in $6 billion battery project to manufacture, recycle, and mine material in Indonesia
Fresh off news of its first expansion outside of China into Germany, CATL is expanding further as part of a new $6 billion dollar battery chain project in Indonesia. Through its subsidiary and an agreement with Indonesia PT AnekaTambang (ANTAM) and PT Industri Baterai Indonesia (IBI), CATL will have a majority stake in five of the six planned battery projects.
Expand Expanding CloseHonda to invest $40 billion in EVs and $340 million in solid-state batteries, but will rely on hybrids well into 2030s
Honda CEO Toshihiro Mibe has truly begun to wake up and smell the EV coffee lately, making several big announcements in 2022 that pertain to expanded electrification. In its latest news, Honda plans to invest about $40 billion over the next decade to deliver 30 BEVs around the globe. Despite this effort and additional funds allocated toward solid-state battery development, Honda is still very much in love with hybrid vehicles and plans to continue to promote them.
Expand Expanding CloseCATL’s battery plant in Germany, its first outside of China, receives production approval for 8 GWh per year
Battery manufacturing behemoth, CATL, shared news that its upcoming plant in Thuringia, Germany has received 2nd partial approval for cell production. This milestone brings the Chinese company one step closer to opening its first battery manufacturing facility outside of China later this year.
Expand Expanding CloseCATL announces zero-carbon battery plant in China as it looks to achieve global carbon neutrality
The world’s largest battery manufacturer, is going green… or at least starting to. Earlier today, CATL announced it has built a zero-carbon battery plant in Yibin, Sichuan province of China. While the current details are scarce, we can expect to learn more following a presentation on Friday local time overseas.
Expand Expanding CloseCATL continues reign as the world’s largest EV battery manufacturer for a fifth straight year
New data from a South Korean research firm shows that EV battery manufacturer CATL is once against the largest in the world by installed battery capacity. The company saw growth over 165% compared to 2020 and holds the title of world’s largest battery manufacturer for the fifth year in a row.
Expand Expanding CloseCATL officially launches EVOGO battery swap brand alongside chocolate-inspired battery blocks
Following confirmation of a new brand catered to battery swaps, CATL subsidiary CAES officially unveiled its EVOGO swap solution. In addition to implementing swap stations across ten Chinese cities to begin, CAES and EVOGO have also introduced modular battery blocks inspired by chocolate bars, and a coinciding app.
Expand Expanding CloseCATL confirms entry into battery swap market ahead of a brand launch event in China
China’s leading battery manufacturer CATL recently shared news it is entering the market of battery swap technology for EVs, with a new brand called EVOGO, set to launch Tuesday. CATL has been teasing the new battery swap brand on its social media, ahead of the upcoming launch event in China.
Expand Expanding CloseCATL to supply batteries for upcoming Fisker Ocean SUV
Fisker Inc. has announced a formal agreement with CATL to supply batteries to the upcoming Ocean electric SUV, as it approaches production next year. CATL will provide small and large battery packs of different chemistries to Fisker over the next few years, delivering an initial annual capacity of over five-gigawatt hours (GWh).
Expand Expanding CloseTesla supplier CATL announces $5 billion battery recycling facility
CATL, the leading battery manufacturer in China, has shared new plans to create a $5 billion facility to recycle used batteries for their earth materials such as cobalt and lithium. The facility will be erected as a joint venture at a time when EVs are becoming more and more in demand globally.
Expand Expanding CloseTesla battery supplier CATL is raising $9 billion to accelerate production
CATL, a major battery manufacturer and one of Tesla’s main battery suppliers, is raising a whopping $9 billion to accelerate its production.
Expand Expanding CloseCATL introduces first-gen sodium-ion battery and AB lithium-sodium pack
During its “Tech Zone” online launch event, global battery maker CATL introduced its first-generation sodium-ion battery, as well as an AB solution that integrates both sodium-ion and lithium-ion cells into one pack. While this first generation of sodium-ion cells is not here to overtake traditional lithium-ion batteries, they do present a number of benefits for charging, maintaining energy, and helping to promote cleaner energy.
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