Contemporary Amperex Technology
Contemporary Amperex Technology Co. Limited, abbreviated as 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).[2] It is headquartered in Ningde, Fujian Province[3] and operates manufacturing bases in Ningde, Qinghai and Liyang. Its three main R&D centers are based in Ningde, Shanghai and Berlin.[4]
SZSE: 300750 | |
Industry | Automotive Li-ion Batteries, Energy Storage Systems, Battery Recycling |
Founded | 2011 |
Founder | Zeng Yuqun (called Robin Zeng in the west) |
Headquarters | , |
Key people | Zhou Jia (CEO) |
Number of employees | 10,000 (2016)[1] |
CATL's annual sales volume amounted to 21.18 GWh of energy storage capacity in 2018.[5] Based on annual shipments, CATL is the world's third largest provider of EV, HEV and PHEV battery solutions behind Panasonic (Sanyo) and BYD. The company aims to have a global lithium-ion production capacity of 50 GWh by 2020.[6]
In 2018, it was announced that CATL will establish a new battery factory in Arnstadt, Thuringia, Germany.[7]
In June 2020, CATL's founder Zeng Yuqun announced that the company had achieved a battery for electric vehicles rated as good for 1 million miles (or 2 million kilometers) and was waiting to receive orders.[8][9]
Partnerships
CATL’s battery technology is currently used by a number of electric vehicle manufacturers. In the international market, CATL is collaborating with a growing number of companies including: PSA,[10] Hyundai,[11] Honda,[12] BMW,[13] Daimler AG, Tesla, Toyota, Volkswagen, and Volvo.[9] BMW announced in 2018 that it would buy €4 billion worth of batteries from CATL for use in the electric Mini and iNext vehicles.[7]
In China, its clients include BAIC Motor, Geely Automobile, GAC Group, Yutong Bus, Zhongtong Bus, Xiamen King Long, SAIC Motor and Foton Motor.[14][15]
In January 2017, CATL announced its plans to enter into a strategic partnership with Valmet Automotive, focusing its collaboration on project management, engineering and battery pack supply for EV and HEV. As part of the partnership, CATL acquired a 22% stake in Valmet Automotive.[1][16]
References
- "Valmet Automotive and CATL form a strategic partnership in electric vehicle solutions – CATL invests in Valmet Automotive to become an important owner". www.valmet-automotive.com. Retrieved 2017-03-29.
- "CATL Company Profile". www.catlbattery.com. Archived from the original on 2017-02-25. Retrieved 2017-03-29.
- Reuters. "Chinese Battery Maker Taking on Global Electric Car Market". Fortune. Retrieved 2017-06-17.
- "CATL Global deployment". www.catlbattery.com. 2018-06-12. Retrieved 2018-06-12.
- "Achievement-CATL". www.catlbattery.com. Retrieved 2020-02-18.
- "Power surge: Chinese electric car battery maker charges for global market". Reuters. 2016-12-25. Retrieved 2017-03-29.
- Geuss, Megan (July 9, 2018). "Chinese firm will build battery factory in Germany to supply BMW, Volkswagen". Ars Technica. Archived from the original on July 9, 2018.
- "A Million-Mile Battery From China Could Power Your Electric Car". Bloomberg.com. 7 June 2020. Archived from the original on 8 June 2020.
- "Tesla battery supplier Catl says new design has one million-mile lifespan". BBC.com. 8 June 2020. Archived from the original on 8 June 2020.
- Editorial, Reuters. "PSA chooses LG and China's CATL for batteries in future hybrid car". Reuters UK. Retrieved 2017-03-29.
- "Hyundai chooses Chinese battery supplier". Nikkei. Archived from the original on 2017-05-02. Retrieved 2017-05-02.
- "China's CATL to supply Honda with EV batteries through 2027". Nikkei Asian Review. Retrieved 2019-03-01.
- "Electric cars: China's battle for the battery market". www.ft.com. Retrieved 2017-03-29.
- "Battery Maker Helping Power China Electric Car Boom Plans IPO". Bloomberg.com. 2016-09-01. Retrieved 2017-03-29.
- "Global Li-ion Power Battery Industry Report, 2017-2020 with Focus on the Chinese Market - Research and Markets". Retrieved 2017-03-29.
- Forsell, Tuomas (2017-01-30). "Chinese battery maker CATL buys stake in Finnish car supplier". Reuters. Retrieved 2017-06-17.