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.
CATL Stories May 6
CATL Stories May 5
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.
CATL Stories April 20
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.
CATL Stories April 15
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.
CATL Stories April 12
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.
CATL Stories April 6
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.
CATL Stories March 24
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.
CATL Stories February 8
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.
CATL Stories January 18
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.
CATL Stories January 17
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.
CATL Stories November 2, 2021
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).
CATL Stories October 12, 2021
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.
CATL Stories August 13, 2021
CATL, a major battery manufacturer and one of Tesla’s main battery suppliers, is raising a whopping $9 billion to accelerate its production.
CATL Stories July 29, 2021
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.
CATL Stories June 28, 2021
Tesla has signed a new long-term battery cell agreement with CATL, China’s biggest battery manufacturer, amid the race to secure a large battery supply in the auto industry.
CATL Stories February 23, 2021
Hyundai Motor Group just announced it has chosen both SK Innovation and CATL as battery suppliers for its E-GMP. The Asian battery manufacturers will provide the third batch of lithium-ion battery cells for Hyundai’s electric vehicles launching after 2023. Both CATL and SK Innovation are familiar with the process, as they have previously delivered to Hyundai’s E-GMP production in the past.
CATL Stories August 5, 2020
Mercedes-Benz and Chinese battery manufacturer CATL today announced a “major” partnership to “create cutting-edge battery technology” and supply batteries for the upcoming EQS electric car.
CATL Stories February 3, 2020
CATL Stories November 6, 2019
Tesla has reportedly secured a battery supply deal with CATL, China’s biggest battery manufacturer, to supply cells for Gigafactory 3 in Shanghai and potentially expand to other production facilities. expand full story
CATL Stories July 17, 2019
Toyota announced today that it has reached a deal with China’s Contemporary Amperex Technology Co., Limited (CATL) to develop batteries for electric cars.
CATL Stories March 11, 2019
Tesla is reportedly in talks with CATL, China’s number one battery cell manufacturers for electric vehicles, in order to supply batteries for Model 3 vehicles produced at Gigafactory 3 in Shanghai. expand full story
CATL Stories February 6, 2019
Honda hasn’t been one of the most active automakers when it comes to electrification, but it is now making some big moves, including securing a battery cell supply contract for about 1 million electric vehicles with CATL, one of the largest battery manufacturers in the world. expand full story
CATL Stories July 9, 2018
When BMW unveiled the all-electric iX3 SUV in Beijing earlier this year, the German automaker’s plan for the vehicle wasn’t clear outside of China.
Now they have confirmed that the upcoming new electric vehicle will be built in China and exported to other markets as the automaker confirms a massive new battery contract for the production of its new electric vehicles. expand full story
CATL Stories June 29, 2018
BMW is currently getting its electric vehicle batteries from Samsung SDI, but it has now signed a contract with CATL, China’s biggest battery manufacturer, to secure future electric vehicle production. expand full story
CATL Stories May 11, 2018
Nissan and Renault are planning a series of new electric cars for the Chinese market and they are turning to China’s emerging leading automotive battery maker, Contemporary Amperex Technology (CATL), to supply them. expand full story
CATL Stories February 5, 2018
Contemporary Amperex Technology (CATL), China’s largest automotive battery maker, has been making strides in the past few years thanks to the country’s rapid deployment of electric vehicles.
The company is now reportedly aiming to become the world’s largest automotive battery maker with a new factory financed by an initial public offering (IPO) valued at $2 billion. expand full story
CATL Stories July 20, 2017
Last year, Apple was rumored to be working on an autonomous all-electric car codenamed ‘Project Titan’. The company later confirmed development work on an autonomous driving platform and CEO Tim Cook even referred to it as “a core technology” for the company, but it showed signs of giving up on developing an actual car.
But now Apple is reportedly working on electric car batteries with China’s biggest battery maker. expand full story
CATL Stories March 1, 2017
Contemporary Amperex Technology Co., Limited (CATL), a relatively new Chinese li-ion battery maker, is shaping up to become a major player in the industry in the coming years with plans for several important battery factories comparable in size to Tesla’s Gigafactory.
The company has now signed a supply contract with SAAB successor National Electric Vehicle Sweden (NEVS) in order for the electric vehicle maker to deliver on its orders for electric car fleets in China. expand full story