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    Automotive Supplier Outlook 2025: Volume 3 Companies K - N
    S&P Global Mobility’s Matthew Beecham has engaged senior executives from 42 suppliers in the automotive supply chain for an end-of-year interview initiative. This initiative seeks to gather valuable insights into the challenges faced in 2024 and the strategies being formulated for 2025, prioritizing genuine experiences over elaborate strategies. This report is the third of four volumes. The key discussion points include the challenges faced by automotive suppliers, including increased r...
    Insights
    Northvolt’s collapse: A tale of reckless extravagance and blurred focus
    Fewer than two years after the collapse of Britishvolt, one of the most promising battery startups in the UK, Swedish battery maker Northvolt filed for chapter 11 in the US on Nov. 21. The filing followed its failure to scale up production as planned at its flagship gigafactory in Skellefteå, Sweden and raise more funds to rescue its operations. While Northvolt’s collapse is seen as another setback to Europe’s battery ambitions, it also underlines a wider trend of new-age, clean-tech startu...
    Insights
    JAC Yiwei plans to develop EVs on CATL’s skateboard chassis
    JAC Yiwei, the electric vehicle unit of Anhui Jianghuai Automobile Group (JAC), has entered into a new agreement with Contemporary Amperex Technology Co. Ltd. (CATL) to focus on the adoption of CATL's CIIC-S platform for its new-energy vehicle (NEV) passenger car program. This collaboration aims to include battery-swap-enabled models, battery-electric vehicles (BEVs) and extended-range electric vehicles (EREVs). The partnership, formalized Jan. 3, 2025, in Ningde, Fujian province, mainland Ch...
    News
    CATL plans public listing on the Hong Kong Stock Exchange
    Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest battery-maker, plans for public listing on the Hong Kong Stock Exchange within the next 18 months at a suitable time, according to a news report published by CnEVPost on Dec. 26. The report mentioned that the plan for a secondary listing in Hong Kong was formally unveiled by CATL and that its board of directors has approved a proposal to list its shares on the Hong Kong Stock Exchange within the next 18 months. The plan...
    News
    CATL unveils Bedrock Chassis, enhancing car safety standards
    Leading cell manufacturer CATL has developed an extremely safe Bedrock Chassis that can withstand a 120 kilometers per hour (km/h) frontal impact without catching fire or exploding, the company announced in a press release on Dec. 24. This invention sets a new precedent by encompassing comprehensive protection through its innovative design that integrates battery cells directly into the chassis, enhancing the vehicle's ability to absorb collision energy significantly more than traditional chassi...
    News
    CATL launches own battery swap ecosystem with 100 partners in Greater China
    Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest battery maker, unveiled two standardized battery models namely #20 and #25 on the sidelines of a conference on its battery swap ecosystem Dec. 18. The event was organized in the coastal city of Xiamen on Dec. 18. The company announced the launch of a Choco-Swap ecosystem in collaboration with nearly 100 partners, marking a historic step towards the standardization of EV battery swapping in Greater China. The battery maker ...
    News
    CATL to financially support suppliers for battery innovation
    Mainland China's Contemporary Amperex Technology Co. Ltd. (CATL), the world's largest battery manufacturer, has announced a commitment to provide financial support to its suppliers to encourage technological innovation in battery materials and equipment. This initiative is aimed at alleviating pressure on its supply chain, which has been significantly impacted by an ongoing price war in the electric vehicle sector. CATL has indicated its readiness to cover a portion of research and developmen...
    News
    Stellantis, CATL to invest €4.1 billion on JV for lithium iron phosphate battery plant in Spain
    Amsterdam-headquartered Stellantis and Contemporary Amperex Technology Co. (CATL), the world’s largest battery-maker, have reached an agreement to set up an equal joint venture company focused on battery manufacturing operations in Spain, the two companies said in a joint announcement on Dec. 10. As part of the agreement, Stellantis and CATL have agreed to invest up to €4.1 billion in building a large-scale, 50-GWh lithium iron phosphate (LFP) battery plant in Zaragoza, Spain. The battery...
    Briefing
    CATL in talks to set up a battery recycling plant in Europe
    Contemporary Amperex Technology Co. Ltd. (CATL), the largest battery-maker from mainland China, is in talks to set up battery recycling operations in Europe, according to a news report published by CnEVPost on Nov. 20. The report cited Bloomberg as the original source of the story. In an interview with Bloomberg, Jason Chen, CATL's regional operations chief, said that the battery manufacturer is in discussions with European governments, including Hungary, about possible factory sites. He f...
    News
    CATL unveils second-generation sodium-ion battery for extreme cold
    CATL, China's largest battery-maker, has developed a second-generation sodium-ion battery capable of normal discharge even at extreme temperatures as low as -40 degrees C. This breakthrough could significantly improve the performance and reliability of electric vehicles in cold conditions. CATL reportedly plans to launch its second-generation sodium-ion cells in 2025, with mass production slated for 2027. Typically, EV batteries function optimally within a temperature range of 60 degrees...
    News
    CATL advances with trial production stage of its 20-ampere-hour solid-state battery cell samples
    Advancing on the development of its solid-state battery cells, CATL, the world’s largest battery-maker, has entered into the trial production stage of its 20 ampere-hour (Ah) cell samples, according to a news report published by CnEVPost on Nov. 6. The report, which cited a local media outlet LatePost, said that the development signifies that CATL has developed its solid-state battery cell and is now exploring ways to scale up the production. It mentioned that CATL has increased its researc...
    News
    CATL launches Freevoy Super Hybrid battery capable of 4C charging
    Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest battery manufacturer, has launched a specialized battery for hybrid vehicles, which are witnessing a sharp surge in global demand as consumers are staying away from battery-electric vehicles (BEVs) owing to concerns around range anxiety, slow charging and lack of electric vehicle charging infrastructure. At a high-profile event organized in Beijing on Oct. 24, CATL launched its Freevoy Super Hybrid battery, which it c...
    Briefing
    Indonesian government-backed company forms $1.2 billion battery venture with CATL
    Indonesian government-backed battery company, Indonesia Battery Corp., has formed a joint venture with the world’s largest battery-maker Contemporary Amperex Technology Co. Ltd. (CATL) to build a battery manufacturing plant in the country, according to a news report published by Bloomberg on Oct. 17. The JV company plans to invest a total of $1.2 billion in battery production in the Southeast Asian country, furthering the country’s ambitions to become a global hub for an electric vehicle ...
    News
    CATL’s production site in Ningde, Fujian, catches fire, no casualties reported
    In a rare incident, a fire broke out at CATL’s production base in Ningde city, Fujian province, mainland China, where the company is headquartered, according to a news report published by CnEVPost on Sept. 29. The report cited a local media outlet Cailian. It said that the battery-maker was quick to control the fire at its factory, the staff was evacuated in time, and no casualties or injuries are reported. Although the local media outlet reported that the factory fire was huge, CAT...
    News
    CATL unveils TECTRANS battery technology for commercial vehicles
    Mainland Chinese cell maker CATL, launched a new advanced battery system TECTRANS for commercial vehicles at the IAA Transportation 2024 show in Hanover, Germany. The new technology promises higher energy density, faster charging times and greater durability. This innovation is set to revolutionize the electric commercial vehicle sector by offering solutions tailored to the needs of fleet operators, including extended range, reduced downtime and optimized cost-efficiency. CATL has unveiled tw...
    News
    CATL launches new battery with 15-year lifespan for electric buses
    CATL, the world’s largest battery manufacturer, has launched a range of new batteries that offer an extra-long lifespan for commercial vehicles, mainly electric buses, according to a news report published by CnEVPost on Sept. 14. The new batteries will be sold under CATL’s commercial vehicle battery brand Tectrans, which is also called Tianxing in mainland China. The new battery launch follows the unveiling of CATL’s commercial vehicle battery brand Tectrans in July. Citing CATL, ...
    News
    Contemporary Amperex Technology adjusts lithium production activities in mainland China
    Electric vehicle battery manufacturer Contemporary Amperex Technology (CATL) has confirmed the reports of adjusting its lithium production activities in Yichun, Jiangxi province, mainland China, Yicai Global reported Sept. 12. This decision comes in response to the current conditions in the lithium carbonate market. CATL’s confirmation comes a day after a report from UBS claimed that the Chinese battery supplier has suspended its lithium spodumene mining operations in Jiangxi, mainly becaus...
    News
    CATL plans to set up 10,000 battery-swap stations
    CATL, the world’s largest battery-maker, plans to build a network of 10,000 battery-swap stations, according to a news report published by CnEVPost on Sept. 2. The report, which did not reveal the timeline that CATL is looking at to build the battery-swap stations, cited CATL Chief Technology Officer Gao Huan, who was speaking at the 2024 World Power Battery Conference in Yibin, Sichuan province, southwest China. Nevertheless, the news report pointed out that this is the first time that ...
    News
    Neta Auto unveils Neta S shooting brake EV with CATL CIIC skateboard chassis
    The Neta S shooting brake battery-electric vehicle (BEV), the new electric vehicle model from Neta Auto, is the first EV to utilize the CATL Integrated Intelligent Chassis (CIIC) skateboard chassis, marking a significant advancement in the EV sector, according to a press release dated Aug. 23. Built on the innovative skateboard chassis, the 800-V version of the Neta S shooting brake BEV will enter mass production, showcasing a high degree of integration by incorporating the powertrain, braking s...
    News
    CATL launches pioneering EV experience center in Chengdu, mainland China
    Mainland Chinese battery-maker CATL has opened the world's first new-energy experience center in Chengdu, Sichuan Province, mainland China, the company announced in a press release on Aug. 10. Named Ning Space, the center has been co-created with an array of car manufacturers and the local government. It provides an innovative all-encompassing experience for consumers to "view, select, use and learn" about electric vehicles, which will accelerate the global transition to e-mobilit...
    News
    CATL received 35% more state subsidies in H1 2024
    Mainland China’s largest battery-maker Contemporary Amperex Technology Co. Ltd. (CATL) has received 35% more in state subsidies during the first half of 2024, according to a news report published by Nikkei Asia on July 26. The report comes at a time when mainland Chinese automakers and their supply chains are facing intense scrutiny from the European Commission on financial subsidies helping the companies keep their production costs low. Citing regulatory disclosures made by the compan...
    News
    CATL launches a new EV battery brand for commercial applications
    CATL, the world’s largest battery-maker, unveiled its first electric vehicle battery brand for commercial applications, named Tianxing. In addition to launching the new brand, CATL also unveiled two batteries for electric light commercial vehicles (e-LCVs): The CATL Tianxing-L superfast-charging edition and the CATL Tianxing-L long-range edition, the company announced July 4. The company said that the Tianxing-L superfast-charging battery and the Tianxing-L long-range battery...
    News
    CATL looks to raise $1.5 billion to fund its global battery supply chain expansion plans
    CATL, the world’s largest battery-maker, is in talks with overseas sovereign wealth funds and private investors to raise about $1.5 billion for building its global battery supply chain, according to a report published by CnEVPost on July 12. The report cited Financial Times as the original source of this story. The offshore fund that CATL is looking to raise is expected to help the battery company finance the corporate ecosystem needed to expand its production network in Europe and other fo...
    News
    Ampere announces new battery strategy with focus on LFP and CTP technology
    Ampere, the European EV company, has announced a comprehensive battery strategy focusing on integrating lithium iron phosphate (LFP) technology along with the existing nickel cobalt manganese (NCM) batteries used by the Renault Group. Ampere has collaborated with its suppliers LG Energy Solution (LGES) and CATL to establish an integrated value chain in Europe for LFP technology. These partnerships will support Ampere in equipping various models of Renault and Alpine brands with LFP batteries, se...
    News
    CATL, BAIC and Xiaomi break ground on new battery plant in Beijing
    In a press release dated June 18, CATL announced that it has broken ground on a new battery plant along with its partners BAIC Group, Xiaomi Group and Beijing Energy Group. Called the Beijing Times Battery Base project, it is designed according to the high standards of "Lighthouse Factory + Zero Carbon Factory" and adopts CATL's most advanced high-beat, high-automation, and high-flexibility production lines. After completion, it will provide stable mass-produced, high-quality battery pro...
    News
    Svolt Energy halts building battery plant in Germany
    Chinese electric vehicle battery-makers are beginning to hold back their battery production plans in Germany as EV sales take a backseat in Europe’s largest automotive market, according to a news report published by Nikkei Asia on May 30. Citing Svolt Energy Technology, the report said that the company looks to halt its plans of building its $3.2 billion battery-cell plant in Lauchhammer in eastern Germany's Brandenburg state. It said that the battery-maker has cited the move as "a new stra...
    News
    CATL signs 10-year strategic partnership with Chinese EV startup Neta Auto
    Mainland China’s largest battery-maker Contemporary Amperex Technology Co. Ltd. (CATL) has signed a 10-year agreement with Neta Auto, where the carmaker will make CATL the preferred partner for the supply of electric vehicle batteries, according to a news report published by CnEVPost on May 24. The two companies signed the agreement on May 24 in Shanghai, where Neta is headquartered, in the presence of Robin Zeng, chairman and CEO of CATL; Fang Yunzhou, founder and chairman of Neta; and Zha...
    News
    CATL in talks with several carmakers on technology licensing partnerships
    Mainland China’s largest battery-maker Contemporary Amperex Technology Co. Ltd. (CATL) is in talks with about a dozen global carmakers on forging technology licensing partnerships, a news report published by CnEVPost said May 5. CATL is negotiating with about a dozen global original equipment manufacturers for a license royalty service (LRS) model of cooperation, a CATL spokesperson told the media publication in an interview. Under the LRS model, CATL will provide technology licensing as...
    News
    CATL plans to build 10,000 fast charging stations, signs agreement with Star Charge in Beijing
    Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest battery manufacturing company, has signed an agreement with EV charging equipment maker Star Charge in Beijing on April 25, CATL said April 26. Under the agreement, the two companies plan to extensively cooperate in high-power charging, research and development for the integration of charging and inspection technologies, charging infrastructure, co-branding of superfast charging stations, and jointly build an advanced supe...
    News
    CATL, Beijing Hyundai sign strategic agreement for supply of EV batteries in mainland China
    CATL, the world’s largest battery maker, and Beijing Hyundai have signed a strategic partnership agreement on the supply of EV batteries, CATL announced April 25. The agreement was signed on the sidelines of the Beijing Auto Show 2024. Under the agreement, CATL will supply batteries for Beijing Hyundai's EV projects. As a joint venture with a deep presence in China for 21 years, Beijing Hyundai has sold over 12 million vehicles in mainland China. Notably, the automaker has been partnerin...
    News
    Volvo Cars signs battery recycling partnership with CATL in mainland China
    Volvo Cars has signed a strategic cooperation agreement with the world’s largest battery-maker Contemporary Amperex Technology Co. Ltd. (CATL) to focus on electric vehicle battery recycling, according to a news report published by CnEVPost on April 18. Citing the automaker, the report mentioned that the strategic partnership between Volvo Cars and CATL aims to promote the recycling of battery materials and reduce the carbon footprint of EVs throughout their life cycle. It is known that b...
    News
    CATL may build battery plant with General Motors in North America through technology licensing
    Mainland China’s largest battery-maker Contemporary Amperex Technology Co. Ltd. (CATL) is in talks with US legacy carmaker General Motors (GM) to build a battery plant in North America, leveraging the technology licensing route similar to its partnership with Ford Motor Co., according to a news report published by CnEVPost on March 29. The report cited mainland Chinese media outlet LatePost as the original source of the story. It said that CATL is in discussions with GM on a license roya...
    Briefing
    Nio, CATL sign deal to jointly develop EV batteries with longer life
    Shanghai-based electric-vehicle maker Nio has signed a strategic agreement with the world’s largest battery-maker CATL to develop EV batteries that offer a longer life span, according to a news report published by CnEVPost on March 14. Citing a statement from Nio, the report said that the two companies signed a framework agreement in Beijing to jointly conduct battery research and development activities based on Nio’s battery-swap requirements. Nio and CATL plan to focus on long-life tech...
    News
    BAIC teams up with CATL, Xiaomi Auto to build battery plant in Beijing
    BAIC Group is pulling different group subsidiaries — BAIC BluePark New Energy Technology (electric vehicle arm), BAIC Capital (investment arm) and Beijing Hainachuan (auto component unit) to set up a joint venture with CATL and Xiaomi Auto, according to a news report published by CarNewsChina on March 12. Once established, the JV company will be named Beijing Era New Energy Technology Co. Ltd. and will focus on building an intelligent battery-cell manufacturing plant in Beijing, it said. ...
    News
    Mainland China’s largest battery-maker CATL to set up R&D centers in Hong Kong
    Mainland China’s largest battery manufacturer CATL is currently in discussions to establish research and development centers in Hong Kong to develop new technologies that can be licensed in the overseas markets within the automotive industry, according to a news report published by the news agency Reuters on March 4. The report cited CATL Chairman Robin Zeng, who disclosed his company’s plan to journalists on March 4. The report mentioned that the planned R&D expansion in Hong Kong...
    News
    CATL, Sichuan Province sign agreement on deepening cooperation in Chengdu, China
    The People’s Government of Sichuan Province and Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest battery manufacturer, have signed an agreement on comprehensively deepening their strategic cooperation in Chengdu, China, CATL announced Feb. 5. According to the agreement, the two parties plan to broaden the scope of cooperation, consolidating the development of green energy resources, new-energy storage solutions, as well as construction of zero-carbon industry parks, CA...
    News
    Government-led consortium unites battery, car companies in mainland China to commercialize solid-state batteries
    Mainland China’s battery and carmakers have come together to join a government-led initiative that aims to commercialize all solid-state batteries while maintaining its hegemony on the EV battery industry, according to a news report published by the Nikkei Asia on Feb. 12. In January, Beijing set up a consortium, the China All-Solid-State Battery Collaborative Innovation Platform, which aims to bring together government, academia and industry, including EV battery rivals CATL and BYD to bui...
    News
    CATL, Didi establish JV for battery-swap business
    CATL, the world's largest battery-maker, has signed a battery-swap focused joint venture with ride-hailing giant Didi, according to a news report published by CnEVPost on Jan. 28. Under the new JV, CATL and Didi plan to rapidly roll out battery-swap stations at scale, promoting battery swap-enabled electric vehicles and improving the operational efficiency of the publicly available battery-swap network. Both the companies have not disclosed the name of the new JV company. The formal JV ...
    News
    CATL’s battery-integrated skateboard platform delivers 1,000 km range
    CATL, the world’s largest battery maker, has completed the tests of its battery-integrated CIIC skateboard platform and has achieved a driving range of 1,000 km, according to a news report published by the online publication CarNewsChina on December 1. Notably, CATL’s CIIC skateboard platform is called as the CATL Integrated Intelligent Chassis, which integrates batteries, electric motors and other critical units into a single platform underpinning an electric vehicle (EV) model. The CIIC...
    News
    Stellantis signs MOU with CATL for supply of batteries in Europe
    Stellantis NV and CATL have signed a non-binding memorandum of understanding (MOU) for the local supply of lithium iron phosphate (LFP) battery cells and modules to power Stellantis’ electric vehicle lineup in Europe, the two companies said in a joint announcement on Nov. 21. Moreover, the two companies are also exploring the possibility of forming a joint venture company with equal contributions to further support the carmaker’s aggressive electrification strategy, Stellantis said i...
    News
    CATL commences production operations at Guizhou battery plant in China
    China’s largest battery-maker CATL has commenced operations at its new battery-cell manufacturing plant in Guian New District in southwest China's Guizhou province on October 27, according to a news report published by CnEVPost on October 30. Citing a press note issued by the company, the report said that the new battery plant is capable of producing an average of one cell every second, thanks to highly automated production lines. The report added that the first phase of CATL's Guizhou p...
    News
    CATL, Fraunhofer to expand cooperation on predicting EV battery lifetime
    Contemporary Amperex Technology GmbH (CATL), the German subsidiary of the leading Chinese battery-maker CATL, and the Fraunhofer Institute for Ceramic Technologies and Systems IKTS are jointly developing models that can predict the lifetime of batteries, according to a press note published by the institute on October 23. The mode, which is being developed at the industrial site in Erfurter Kreuz, Germany, aims to serve as a basis for optimized battery production. The cooperation, which s...
    News
    CATL to supply batteries for EVs developed by Geely-Baidu JV Jiyue
    The world’s largest battery-maker CATL has signed a strategic partnership with Geely and Baidu-backed electric-vehicle maker Jiyue on promoting joint research and development (R&D) of new-energy vehicle (NEV) products and mass production, according to a news report published by CnEVPost on October 23. The report cited a press note issued by CATL on October 23. CATL is supplying high-performance power batteries and associated services for Jiyue’s EV — the Jiyue 01, it said, adding...
    News
    CATL focuses on innovation and overseas investments to keep growing
    Mainland China-based battery-cell maker Contemporary Amperex Technology Ltd. (CATL) is already one of the leading lithium-ion (Li-ion) cell suppliers to the automotive industry. Established in 2011, CATL catered to more than 29% of the demand of Li-ion batteries from the light-vehicle segment in 2022. The company competes with suppliers such as LG Energy Solution, Samsung SDI and Panasonic. In 2022, CATL Group (including all its joint ventures) supplied more than 187 GWh of Li-ion cells to th...
    Insights
    Chery to use CATL’s Shenxing ultrafast-charging battery
    Chinese automaker Chery will become the first car manufacturer to use CATL’s fast-charging Shenxing battery, according to a news report published by CnEVPost on October 16. The report cited company announcement. It further elaborated that CATL’s Shenxing battery will be featured in Chery's premium Exceed branded cars. The move is expected to further deepen the ties between the two companies, it said, citing CATL, which is the world’s largest battery-maker. According to the report, wh...
    News
    CATL-Changan-Huawei JV commences production of Avatr 12 in China
    Chinese electric-vehicle maker Avatr has commenced production of its anticipated electric sedan — the Avatr 12 — in China, according to a news report published by the news website CarNewsChina on October 12. Citing the EV brand, which is a joint venture of battery manufacturer CATL, automaker Changan, and telecom and electronics giant Huawei, the report stated that Avatr’s all-electric luxury sedan Avatr 12 has officially rolled off the production line in China. The electric c...
    News
    Chinese EV startup Neta Auto signs strategic cooperation agreement with CATL
    Chinese electric vehicle startup Neta Auto has signed a strategic cooperation agreement with the world’s largest battery-maker CATL on October 7, according to a news report published by Pandaily on October 9. The report stated that the two companies plan to deepen their cooperation, including new project and technology collaboration, supply of Shenxing batteries and expansion of overseas business. Citing Zhang Yong, co-founder and CEO of Neta Auto, the report mentioned that long-term str...
    News
    UAW strike: Ford halts construction of $3.5 billion EV battery plant in Michigan, US
    Ford Motor Co. plans to pause the construction of its $3.5 billion electric vehicle battery plant in Michigan, US, amid the ongoing United Auto Workers (UAW) strike row in the US, according to a news report published by Nikkei Asia on September 26. The report mentioned that Ford has paused the construction of its EV battery factory until it is confident that it can run the factory competitively. Ford’s decision has come at a time when the carmaker is holding talks with the labor union, w...
    News
    CATL launches new 4C superfast-charging lithium iron phosphate battery
    CATL has launched Shenxing, reportedly the world's first 4C superfast-charging lithium iron phosphate (LFP) battery, it said in a press release dated August 16. The battery can deliver 400 km of driving range with a 10-minute charge and a range of over 700 km on a single full charge. “The future of the [electric vehicle] battery technology must remain steadfastly anchored at the global technology frontier as well as the economic benefits. As EV consumers shift from pioneering users to ordin...
    News
    CATL asks cathode-material suppliers to provide discount on lithium-carbonate prices
    China’s largest battery manufacturer CATL has asked its raw material suppliers to offer discounts, according to a news report published by CnEVPost on July 20. The company has asked its cathode-material suppliers to offer a 5% to 10% discount in settling lithium-carbonate prices in early July, the report said, citing a local media Cailian. The latter has quoted three unnamed sources aware of the matter. It also mentioned that CATL refused to comment on the matter. The price of lithium...
    News
    CATL develops new battery materials to improve charging efficiency in cold weather
    China’s largest battery maker Contemporary Amperex Technology Co., Limited (CATL) has developed new battery materials that would significantly improve the charging efficiency for EVs in cold weather, according to a news report published by Reuters on July 6. The news report cited a top company executive. Citing Wu Kai, CATL's chief scientist, who was speaking at a forum in Shanghai, the report said that CATL has developed new electrolyte materials that could sharply improve the charging eff...
    News
    CATL plans to set up battery recycling plants in Europe, North America
    China’s largest battery maker Contemporary Amperex Technology Limited (CATL) is in talks with a European partner for setting up a battery recycling facility in Europe ahead of its plans to establish a base in North America, according to a news report published by Yicai Global on June 29. The report further mentioned that CATL aims to expand its footprint globally by setting up battery recycling business in other parts of the world, including in North America. It cited company’s chief prod...
    News
    CATL expands its battery-swap service to Fuzhou city in China
    China’s largest battery-maker Contemporary Amperex Technology Co. Ltd. (CATL) has added Fuzhou city, China, to its expanding network of Evogo battery-swap stations, CATL said June 6. CATL’s wholly owned subsidiary Contemporary Amperex Energy Service Technology Ltd. (CAES) signed a strategic cooperation framework agreement with Sinopec Sales Co. Ltd., State Grid Electric Vehicle Service (Fujian) Co. Ltd., and China Kangfu International Leasing Co. Ltd., to conclude the ...
    News
    CATL to invest $1.4 billion to develop Bolivia lithium – report
    According to a Reuters report dated June 20, Chinese battery giant CATL confirmed a $1.4 billion investment to develop Bolivia's huge but largely untapped reserves of lithium. Following a meeting with CATL executives June 18, Bolivian President Luis Arce confirmed the commitment to build two lithium plants to extract minerals from the country's Uyuni and Oruro salt flats. "We met with Burton Roy (Yu Bo), CEO of the Investment Committee of CATL to confirm the investment of $1.4 billion," the p...
    News
    CATL partners with Arun Plus to make batteries in Thailand – report
    Chinese battery-maker CATL plans to set up a factory in Thailand to assemble batteries for electric vehicles with Arun Plus, a subsidiary of Thai state-owned oil company PTT, a Nikkei Asia report dated June 9 said.  Arun Plus and CATL's joint investment of 3.6 billion baht ($104 million) is the latest in Thailand's push to become a hub for EVs in Southeast Asia as it seeks to protect its automotive supply chain against challenges from Indonesia. The factory is expected to st...
    News
    Coulomb Solutions to set up a battery manufacturing facility in the US
    Coulomb Solutions Inc. (CSI) plans to build a battery manufacturing plant to assemble battery packs for commercial vehicles in the US, the company announced May 1. Coulomb said it plans to source lithium iron phosphate (LFP) battery cells from the world's largest battery manufacturer, CATL. “CSI's new facility will produce [world-class] battery packs, specifically designed, and optimized for US commercial vehicle applications,” it said in a statement, adding that these batt...
    News
    Zeekr’s 001 EV variant with CATL’s long-range Qilin battery goes on sale in China
    Geely Holding’s premium electric vehicle (EV) arm Zeekr has commenced the deliveries of the Zeekr 001 model with CATL’s long-range Qilin battery as an option, according to a news report published by CnEVPost on May 16. Zeekr 001’s Qilin battery-equipped variant goes on sale soon after the premium brand started delivering the Zeekr 009 multipurpose vehicle (MPV) with the CATL battery pack a month ago. The report said that Zeekr 001 WE version has gone on sale with the optional 14...
    News
    Honda plans to produce more than 2 million EVs per annum by 2030
    Japanese vehicle manufacturer Honda Motor Co. Ltd. announced major corporate transition initiatives including electrification on April 26. Honda said that the company has set a goal to increase the ratio of electric vehicle (EV) and fuel-cell electric vehicle (FCEV) sales to 100% globally by 2040. To achieve this target, Honda plans to produce more than 2 million EVs annually by 2030. Honda’s 2030 EV volume plan is split into how the company caters to the three major markets worldwide ...
    News
    CATL, BYD plan to commence mass production of sodium-ion batteries this 2023
    Leading Chinese battery makers CATL and BYD are expected to commence mass production of their sodium-ion batteries this 2023, according to a news report published by CNEVPOST on April 20. The CNEVPOST report cited another report filed by the local media 36kr. It said that CATL and BYD's sodium-ion batteries will be a mix of sodium-ion and lithium ion (Li-ion) batteries. CATL’s sodium-ion battery will power Chery's new electric vehicle (EV) brand iCAR, which is expected to be launched in ...
    News
    Auto Shanghai 2023: CATL unveils condensed battery with energy density of up to 500 Wh/kg
    China’s largest battery-maker Contemporary Amperex Technology Co. Ltd. (CATL) has launched a "condensed battery" on the sidelines of the ongoing Auto Shanghai 2023 on April 19. CATL said that its cutting-edge battery technology offers an energy density of up to 500 Wh/kg along with a high level of safety, opening up a brand-new electrification scenario of passenger aircrafts. CATL also announced that the company plans to launch the automotive-grade version of condensed batteries, which...
    News
    CATL to start construction of a new battery factory in Hungary
    CATL battery factory in Debrecen, Hungary will start construction this summer, with trial operations starting in 2024 and production beginning in 2025. Local sources close to the project in Hungary disclosed that large-scale worker dormitories are currently under construction, according to a report by Chinese media outlet The Paper, said a report in Pandaily dated April 18. In August of 2022, CATL announced that it would invest no more than €7.34 billion to build a new 100-GWh battery facto...
    News
    Chery Automobile becomes first customer for CATL’s sodium-ion batteries
    Chinese vehicle manufacturer Chery Automobile has become the first customer for CATL’s sodium-ion batteries, according to a news report published by CNEVPOST on April 16. The report cited an announcement by the battery-maker on April 16 as the source of this development. CATL had first unveiled its in-house developed sodium-ion batteries in July 2021. According to CATL, sodium-ion batteries will be a cost-effective choice among the range of electric vehicle (EV) batteries being developed gl...
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    CATL, BAIC Group sign strategic partnership on batteries, EV development
    China’s largest battery-maker Contemporary Amperex Technology Company Limited (CATL) has signed a strategic partnership with the BAIC Group, the company said on March 13. The agreement between the two companies entails business cooperation and advanced technology applications. “Both parties plan to join hands to develop [electric vehicle, or EV] battery products to further explore the new-energy vehicle market,” CATL said in a statement. It further added that CATL plans to get "dee...
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    CATL, NIO deepen strategic partnership with a five-year cooperation agreement
    Deepening their strategic partnership, China’s largest battery manufacturing company Contemporary Amperex Technology Company Limited (CATL) and Shanghai-headquartered electric vehicle (EV) maker NIO Inc. have signed a five-year comprehensive strategic cooperation agreement on 17 January 2023. The agreement was signed by Wei Zhu, executive president of the passenger vehicle business unit of CATL, and Alan Zeng, senior vice president of NIO in the city of Ningde, Southeast China's Fujian...
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    CATL breaks ground on Shandong battery manufacturing plant in Yanzhou, China
    Contemporary Amperex Technology Co., Limited. (CATL), one of the leading EV battery manufacturers globally, had organized a groundbreaking ceremony for its upcoming Shandong battery production facility located in the Jining city of East China's Shandong Province on 24 December 2022. The planned battery manufacturing site, referred as CATL-SD, is spread across an area of more than 133 hectares and will house production lines for electric vehicle (EV) batteries, as well as for energy storage sy...
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    CATL – Geely battery plant in Sichuan province in mainland China starts production
    CATL announced on 19 December 2022 that the production operations at the first phase of the CATL – Geely EV battery manufacturing plant in Yibin, which is situated in southwest China's Sichuan Province, has started with a planned capacity of 15 GWh. The battery manufacturing facility is set up with a total investment of up to CNY8 billion (USD1.15 billion) and is spread across a planned area of more than 30 ha. According to the company, CATL-Geely’s Yibin project’s construction work beg...
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    CATL, AVATR plan to deepen cooperation on EV battery supply chain
    Mainland China’s largest EV battery maker Contemporary Amperex Technology Company Limited (CATL) has signed an agreement with AVATR Technology to deepen its strategic cooperation with the EV maker in Chongqing, Southwest China, the company said on 20 December 2022. “The signing of the agreement will further deepen the cooperation between the two parties,” CATL said in an official statement. It mentioned that it, along with AVATR, will build an industry-leading battery supply chain ecosy...
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    CATL’s German plant begins serial production of lithium-ion battery cells
    China’s largest battery maker Contemporary Amperex Technology Co., Limited.'s (CATL’s) German arm Contemporary Amperex Technology Thuringia GmbH (CATT) has commenced serial production of lithium-ion battery cells in December as scheduled, marking a major milestone in CATL's global expansion strategy, CATL said on 21 December 2022. The battery manufacturing plant in Thuringia, Germany, is CATL’s first production facility outside of China. It can be recalled that the company had rece...
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    CATL signs joint venture agreement with Changan Automobile on EV batteries
    China’s largest battery maker Contemporary Amperex Technology Co., Limited. (CATL) has signed a joint-venture (JV) agreement with Changan Automobile in Chongqing, Southwest China, the company announced on 20 December 2022. According to the official note released by CATL, the JV will further promote symbiotic cooperation and realize a win-win situation for the companies. The agreement with Changan is a part of CATL’s larger strategy of expanding its business globally as well as in ...
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    Ford Motor, CATL explore ways to manufacture EV batteries in the US
    US automaker Ford Motor Company and China’s largest electric vehicle (EV) battery maker Contemporary Amperex Technology Company Ltd. (CATL) are exploring ways to build a battery manufacturing plant in Michigan in order to qualify for the revised tax incentives under the Inflation Reduction Act (IRA) of 2022 in the US, according to a news report published by Bloomberg on 15 December 2022. The report stated that the two companies are working to draw a complex arrangement designed to stay clea...
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    Honda to purchase 123GWh of EV batteries from CATL in China
    China’s largest battery maker Contemporary Amperex Technology Company Limited (CATL) will supply 123 GWh of electric vehicle (EV) batteries to Honda Motor (China) Investment Company Ltd. between 2024 to 2030, the two companies said in a joint announcement on 8 December 2022. According to the official statement, while the arrangement between the two companies will be limited to China, the world’s largest EV market, CATL and Honda have refrained from disclosing the battery and other financi...
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    CATL, Daihatsu sign MoU on supply of EV batteries, battery technologies
    China’s largest electric vehicle (EV) battery maker Contemporary Amperex Technology Co., Limited (CATL) and Japan’s Daihatsu Motor Co., Ltd. have signed a memorandum of understanding (MoU) of strategic cooperation on battery supply and battery technologies to promote electric mobility in Japan, CATL announced on 11 November 2022. According to the company, under the agreement, CATL will ensure stable supply of batteries to the electric vehicles (EVs) of Daihatsu, which is popular for devel...
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    Toyota plans to launch electric cars with BYD batteries in China
    Japanese carmaker Toyota Motor plans to soon launch its first electric cars in China, expanding its portfolio in the world’s largest electric vehicle (EV) market, according to a news report published by Nikkei Asia on 25 October 2022. Toyota plans to launch the bZ3, which it developed with the EV maker BYD, in China. While the bZ3 is the second model positioned under Toyota's bZ all-electric car series, the first BEV–bZ4X sport utility vehicle (SUV), has already been launched globally. Th...
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    CATL, VinFast sign MoU to expand strategic cooperation to include skateboard chassis
    China’s largest battery maker Contemporary Amperex Technology Company Limited (CATL) has signed a memorandum of understanding (MoU) with Vietnamese electric vehicle (EV) maker VinFast, expanding its global strategic cooperation in areas including CATL integrated intelligent chassis (CIIC) skateboard chassis products, CATL announced on 31 October 2022. The MoU was signed in a ceremony that was attended by Dr. Robin Zeng, founder and chairman of CATL, and Pham Nhat Vuong, chairman of Vingroup...
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    CATL signs agreement with Dongfeng Peugeot Citroen Automobile on EVOGO battery swap project
    China’s largest battery maker Contemporary Amperex Technology Company Limited (CATL), Dongfeng Peugeot Citroen Automobile Company Ltd. (DPCA), and CATL’s wholly owned subsidiary Contemporary Amperex Energy Service Technology Ltd. (CAES) have signed a cooperation framework agreement on the EVOGO battery swap project, CATL announced on 25 October 2022. According to the agreement, the three companies plan to jointly work on making the Dongfeng Fukang ES600 compatible with CAES’s EVOGO modu...
    News
    CATL plans to build USD1.9 billion battery plant in central China’s Henan province
    China’s largest battery maker CATL plans to build a battery manufacturing facility in central China's Henan province with an investment of more than CNY10 billion (USD1.9 billion), according to a news report published by CnEVPost on 29 September 2022. CATL’s new battery plant is slated to come up in the Yibin district of Luoyang, Henan province, the report said, citing a regulatory announcement by the company last week. Further quoting the company document, the news report stated ...
    News
    CATL no longer the largest battery supplier to XPeng, mainland Chinese EV maker says
    Mainland Chinese electric vehicle (EV) maker XPeng has diversified its battery supplies and no longer depends on CATL as its primary battery supplier, a news report published by Reuters on 21 September 2022 said, citing XPeng’s president Brian Gu. Citing the senior company official, the report stated that the maker of the G9 electric sport utility vehicle (SUV) now sources EV batteries from several battery suppliers in addition to CATL, which is the largest battery maker in mainland China. ...
    News
    CATL, BMW sign multiyear framework agreement on supply of cylindrical battery cells
    China’s largest battery maker CATL has signed a multiyear framework agreement with the BMW Group to supply cylindrical battery cells, which the German luxury carmaker plans to use in its upcoming Neue Klasse EV range starting from 2025, CATL announced on 9 September 2022. According to the agreement, CATL will deliver BMW Group the new cylindrical battery cells, which come with a standard diameter of 46 mm. These battery cells are slated to be produced at two of CATL's future battery plants ...
    News
    Inflation Reduction Act 2022 remains a tough call for carmakers to avail EV tax credits
    It has been almost a month since the Democrats in the US Senate passed the Inflation Reduction Act of 2022 (IRA 2022), which became legislation on 16 August 2022 after the US President Joe Biden signed the act. While carmakers and their suppliers across the electric vehicle (EV) battery supply chain have been scrambling to decode the new mandates, auto industry lobbies from Europe, South Korea, and Japan have already expressed deep concerns about the ability of global carmakers to meet the requi...
    Insights
    CATL aims at leadership position in China’s emerging BaaS market
    China’s largest battery maker Contemporary Amperex Technology (CATL) is stepping up preparations to launch battery rental services for electric vehicles (EVs) with the aim of becoming a leader in the emerging battery-as-a-service (BaaS) segment, according to a report published by news agency Nikkei Asia on 22 August 2022. The BaaS model allows EV drivers to rent and swap batteries under a subscription pricing model, wherein a spent or discharged battery can be swapped for a fully ...
    News
    BMW to use newly-developed round battery cells in its Neue Klasse EV range
    German luxury carmaker BMW plans to use newly developed ‘round’ battery cells in its upcoming Neue Klasse range of electric vehicles (EVs) from 2025, the company announced on 9 September 2022. BMW said that the company has leveraged its in-house battery expertise at Battery Cell Competence Center in developing the new round battery cells and has also optimized the same for its new vehicle architecture for the first time. “By leveraging the comprehensive in-house expertise of the company...
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    CATL to supply Qilin batteries to US-based EV maker SERES
    Contemporary Amperex Technology Company Limited (CATL), mainland China’s largest electric vehicle (EV) battery manufacturing company, announced on 27 August 2022 that it has signed a five-year long-term strategic cooperation agreement with US-based EV maker SERES. Under the agreement, CATL will provide its Qilin range of EV batteries to SERES’ new AITO models and that all AITO models will be equipped with the batteries sourced from CATL. Established in 2016 in the Silicon Valley, US,...
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    CATL to supply long-range Qilin batteries to Geely’s premium EV arm Zeekr
    Mainland China’s largest electric vehicle (EV) battery maker Contemporary Amperex Technology Company Ltd (CATL) plans to supply its recently launched, long-range Qilin batteries to Geely’s premium EV arm Zeekr, the company announced on 27 August 2022. With this, Zeekr will become the first major EV brand to be powered by mass produced CATL Qilin batteries, it said, adding that while Zeekr 009 will be the world's first electric car to be powered by the Qilin batteries, the Zeekr 001 will be t...
    News
    CATL’s H1 CY 2022 net profit grows 82.17% y/y to USD1.19 billion
    China’s largest battery manufacturer Contemporary Amperex Technology Company Ltd (CATL) has posted a revenue of CNY112.97 billion (USD16.5 billion) in the first half of CY2022, up 156.32% y/y, according to a news report published by CnEVPost on 24 August 2022. The news report cited a financial report released by the company in the local language. CATL’s net profit attributable to the shareholders in the first half of CY 2022 stood at CNY8.17 billion (USD1.19 billion), up 82.17% ...
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    Xiaomi Auto to source batteries from BYD and CATL for its electric cars
    Chinese smartphone giant Xiaomi’s automotive arm, Xiaomi Auto plans to source batteries from the country’s two largest battery makers, CATL and BYD, according to a news report published by the CnEVPost on 17 August 2022. The website cited a local media outlet 36kr in its report. It said that Xiaomi Auto's first electric car will be launched in two variants, with a 400V voltage platform planned for the lower or more affordable version and an 800V voltage platform for the higher-trim o...
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    Mercedes-Benz expands alliance with China’s CATL, secures cells for EV production in Europe
    German luxury carmaker Mercedes-Benz is expanding its partnership with China’s largest battery maker CATL, which is setting up a USD7.5 billion, 100-GWh gigafactory in Debrecen, Hungary. The carmaker’s partnership with CATL, which was first announced in August 2020, will deepen with the latter’s new battery plant in Hungary, Mercedes-Benz said in an official note on 12 August 2022, adding that its alliance with CATL moves ahead to the next milestone that entails local-for-local purchasing ...
    News
    CATL to invest about USD7.5 billion in setting up 100-GWh battery plant in Hungary
    China’s largest battery manufacturer Contemporary Amperex Technology Company Limited (CATL) plans to invest about EUR7.34 billion (about USD7.5 billion) in setting up a 100-GWh battery plant in Debrecen, east Hungary, the company announced on 12 August 2022. “Subject to the shareholder meeting approval, construction of the first production facilities will start within this year,” CATL said in an official statement last week. The planned battery plant in Hungary will be spread across an ...
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    CATL to move ahead with its battery plant investments in North America
    Mainland China’s largest EV battery maker Contemporary Amperex Technology Company Limited (CATL) will move forward with its plans of setting up a battery manufacturing plant in North America by 2026 and deliver lower-cost lithium iron phosphate (LFP-based) cell-to-pack or CTP batteries to the US automaker Ford Motor Company, a Reuters report published on 3 August 2022 said, citing a person aware of the matter. Reuters news report comes after Bloomberg News had reported on Tuesday that CATL ...
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    Ford plans to produce over 2 million EVs by end-2026, signs LFP battery supply pact with CATL
    Michigan-based automaker Ford Motor Company has signed a nonbinding MoU with the world’s largest battery maker, China-based Contemporary Amperex Technology Company Ltd. (CATL) to explore a cooperation for sourcing electric vehicle (EV) batteries across the European, North American and Chinese markets, Ford announced on 21 July 2022. Ford said that CATL will supply full lithium iron phosphate or LFP battery packs for Mustang Mach-E models for North America starting next year as well as F-150...
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    CATL evaluating locations in Mexico for USD5 billion gigafactory, may supply Tesla, Ford
    China’s largest EV battery manufacturer Contemporary Amperex Technology Company Ltd (CATL) is evaluating two locations in Mexico for setting up its battery production plant for its customers in North America, primarily Tesla and Ford Motor Company, a news report published by China Daily on 19 July 2022 said. CATL is closely evaluating two cities in Mexico namely Ciudad Juarez of Chihuahua and Saltillo of Coahuila for its planned EV battery plant, the report said, citing another Bloomberg re...
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    Changan, Huawei, CATL jointly launch all-new smart EV architecture CHN
    AVATR Technology, which is a premium smart electric vehicle brand jointly created by Changan Automobile, Huawei and leading battery maker Contemporary Amperex Technology Company Limited (CATL), had launched an all-new smart electric vehicle (EV) architecture called CHN as well as its first model AVATR 11 at the 24th Chongqing International Auto Show, CATL said on 25 June 2022. The high-profile event was attended by Huarong Zhu, chairman of Changan Automobile, Zhijun Xu, rotating chairman of H...
    News
    CATL plans to begin mass production of LMFP batteries in 2022
    China’s largest electric vehicle (EV) battery maker Contemporary Amperex Technology Company Limited (CATL) plans to begin mass production of lithium manganese iron phosphate (LMFP) batteries in 2022, a report published by news website CnEVPost said on 12 July 2022, citing a local media outlet called LATEPOST. The report mentioned that CATL, Sunwoda, and Eve Energy's LMFP batteries have passed interim tests in first half of 2022 and are now sending samples to automakers for testing. ...
    News
    CATL launches EVOGO battery swap services in Hefei, China
    Contemporary Amperex Energy Service Technology Ltd. (CAES), a wholly owned subsidiary of the world’s largest EV battery maker Contemporary Amperex Technology Company Limited (CATL), has launched its EVOGO battery swap services in Hefei, which is the capital of east China's Anhui Province, the company announced on 18 June 2022. The company said that it has installed and started operations at three EV battery swap stations in Hefei so far, which becomes the second city after Xiamen where CATL ha...
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    CATL launches Qilin battery capable of delivering over 1,000 km in a single charge
    Mainland China’s largest battery maker Contemporary Amperex Technology Company Limited (CATL) has launched its all-new Qilin battery, which is built on the company’s third-generation cell-to-pack (CTP) technology, the company announced on 23 June 2022. It said that the Qilin battery offers a record-breaking volume utilization efficiency of 72% and has an energy density of up to 255 Wh/kg, which makes it capable of delivering a driving range of over 1,000 km on a single charge. On the fron...
    News
    Kia Corporation to procure EV battery packs from China’s CATL
    South Korean automaker Kia Corporation plans to procure batteries from China’s largest battery maker Contemporary Amperex Technology Company Limited (CATL) to power electric vehicles (EVs) that will be sold in its home market, a Reuters report published on 22 June 2022 said, citing a local newspaper. It added that this would be the first instance wherein the carmaker will be using batteries manufactured in China for EVs meant for sale in South Korea. The report said that Hyundai Motor Compa...
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    Will China drive global alignment in EV battery swap standards?
    China, the largest electric car market in the world, is expected to drive global benchmarks in electric vehicle battery swapping practices, as well as the emerging battery-as-a-service, or BaaS, industry. Neither the EV battery swap model is new nor it was invented in China. However, it is the only market where several companies have implemented the model successfully and have concrete plans to further scale it up as a direct result of the supportive government policies. The established Chinese ...
    Insights
    CATL begins production at first battery plant in south China’s Guangdong Province
    China’s largest battery maker Contemporary Amperex Technology Limited (CATL) has commenced production operations at its first EV battery plant situated in Zhaoqing production base, which is located in Zhaoqing High-tech Zone, south China’s Guangdong Province, the company said on 30 May 2022. The company had organized a production commencement ceremony on the day at the plant, which is called Guangdong Ruiqing Contemporary Amperex Technology Limited (CARQ), it said. CATL plans to invest CN...
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    China’s largest battery maker CATL to supply cylindrical cells to BMW from 2025
    China’s CATL or Contemporary Amperex Technology Company Limited plans to begin supplying cylindrical cells to the German luxury carmaker BMW from 2025 for its future electric vehicle (EV) range, according to a Reuters report on 28 May 2022, which cited the battery maker. CATL, which is also the largest battery maker in China, has signed an agreement with BMW in which the carmaker has nominated it as the supplier of the cylindrical cells, the report added. BMW has declined to comment on...
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    CATL, Aiways sign agreement on EVOGO battery swap solution
    China’s largest electric vehicle (EV) battery manufacturer Contemporary Amperex Technology Company Limited (CATL) has signed a framework agreement with Shanghai-based electric car startup Aiways Automobiles Company Ltd. to use former’s EVOGO battery swap solution, CATL said on 27 April 2022. Under the agreement, the two companies plan to develop a battery swap model based on the currently selling Aiways U5 electric sport utility vehicle (SUV), it said, adding that the carmaker is expected...
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    CATL subsidiary acquires lithium mining rights in China’s Jiangxi province
    China’s largest battery maker CATL’s subsidiary Yichun Times New Energy Mining Company Ltd. has acquired the mining rights of ceramic soil including lithium in Zhenkouli-Fengxin County Jianxiawo Mining Area, Yifeng County, Jiangxi Province at a price of CNY865 million (over USD133 million), CATL said in an official statement on 21 April 2022. According to the company, the mine is located about 40 km away from 21° in Yifeng County, Yichun City and the administrative division is under the ...
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    CATL starts EVOGO battery swap services in China’s Xiamen city
    Leading electric vehicle (EV) battery maker Contemporary Amperex Technology Company Ltd. (CATL) has officially launched its EVOGO battery swap services in China’s Xiamen city, the company said on 18 April 2022. The port city is situated on China’s southeast coast in Fujian province. CATL said that the first four fast battery swap stations that have started operation are located in Siming District, Huli District and Haicang District of Xiamen. “The number of fast battery swap statio...
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    CATL subsidiary, partners to invest USD6 billion in Indonesia EV battery project
    Ningbo Contemporary Brunp Lygend Co., Ltd. (CBL), a subsidiary of Guangdong Brunp Recycling Technology Co., Ltd (Brunp), has signed a tri-party framework agreement with PT Aneka Tambang (ANTAM) and PT Industri Baterai Indonesia (IBI) to work together on the Indonesia EV Battery Integration Project, CBL said on 14 April 2022. The projects is aimed at the mining and processing activities of nickel, which is a critical raw material used in the production of lithium-ion batteries. The project w...
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