CATL shares plunge as investors worry about rising costs affecting profits
Rumors surfaced yesterday that CATL may post earnings of less than RMB 5 billion in the first quarter, falling short of market expectations.
CATL’s Zhaoqing base finishes construction of first phase plant, expected to start production in June
Equipment installation for the project is underway, and the module plant has seen battery pack samples roll off the line.
CATL’s battery swap service begins operations, Xiamen first city to test waters
CATL has put four battery swap stations into operation in Xiamen, with the number expected to reach 30 in the city by the end of the year, and…
CATL plans to build $6 billion battery projects in Indonesia
This consists of six projects including nickel mine development, ternary battery manufacturing, and battery recycling, five of which are…
CATL’s market share in China rises to 50.49% in March
CATL's installed base in China in March was 10.81 GWh, capturing 50.49 percent of the market share, up 2.47 percentage points from February.
CATL’s Ningde site maintains production as local Covid controls tighten
Ningde, Fujian province, where CATL is headquartered, has seen new cases of Covid, but the company has ensured that its base in the city is in…
CATL’s first overseas plant in Germany gets approval for battery cell production
CATL's plant in Germany has received a license for 8 GWh of battery cell capacity, with the first cells to roll off the production line by the…
CATL teases Qilin battery, says it has 13% higher capacity than 4680 batteries
CATL has launched its third generation of CTP (cell to pack) technology, which it internally calls the Qilin battery, the company's top…
CATL builds ‘world’s first’ zero-carbon battery plant
CATL has built a zero-carbon battery factory in Yibin, Sichuan province, saying it will achieve carbon neutrality in its global sites in the future.
NEV maker says CATL has raised battery prices twice since second half of last year
The cost of a NEV increased by RMB 10,000 ($1,570) after the last battery price hike, and rose by another RMB 10,000 not long ago.