CATL: The latest figures, news and market research on CATL

Turnover: 48.08 billion USD (2022)

Country: China

CATL specializes in the production of batteries with application in the automotive industry and energy conservation for electric vehicles and storage systems.

News

a new kind of battery capable, he claims, of powering aircraft 20/04/2023

CATL's new battery has an energy density of 500 Wh/kg, twice that of the current "Qilin" model, which has an energy density of 255 Wh/kg.
The "Qilin" battery can propel an electric vehicle 1,000 km on a single charge. The technology used is called "condensed matter battery", and increases the efficiency of lithium-ion without compromising its safety.
CATL will be launching mass production for the automotive market this year.
The aviation version of the new battery will be ten times more expensive than the automotive version.

Electric cars: China dominates the battery market 29/01/2023

CATL's first investment outside China 1.8 billion euros invested
Production of lithium-ion battery cells in Erfurt, Germany
7 billion investment in second battery plant in Hungary
Batteries account for around 40% of the value of an electric vehicle
China now exports more cars than Germany

Batteries: Chinese giant CATL takes advantage of the electric car boom. 23/06/2022

The world leader in lithium-ion batteries and supplier to Tesla has raised 45 billion yuan (6.4 billion euros) through a private placement.
It is neck and neck with South Korea's LG Energy Solution.
CATL occupies nearly 30% of the world market and more than half of the market in China, giving it powerful economies of scale.
CATL's market capitalization now approaches 180 billion euros.
CATL set a new record in December, with a market capitalization of 240 billion euros.

Chinese giant CATL is riding the electric car wave. 23/06/2022

CATL, has raised 45 billion yuan (6.4 billion euros) through a private placement with institutional investors.
The Chinese battery giant is riding the electric vehicle boom.
CATL reaches a record high in December with a capitalization of 240 billion euros.
LG Energy Solution raises $10.7 billion in January.
BYD raises $1.8 billion in Hong Kong in October.

CATL is a Chinese company founded in 2011, specializing in the production of lithium-ion batteries for electric vehicles and electric energy storage systems. In 2018, the company was the largest manufacturer of industrial batteries for electric vehicles with a market share of 23.1 percent.

These batteries are used in the vehicles of major automakers such as PSA, Hyundai, and BMW. The company has set a production capacity of 50 GWh for lithium-ion batteries by 2020.