Tesla, Nio supplier CATL reportedly plans $5 billion battery plant in North America
CATL aims to build a plant in North America capable of producing up to 80 GWh of batteries a year and eventually employing up to 10,000…
CATL’s market share in China drops to 48.02% in Feb
CATL's battery installations in China in February were 6.57 GWh, accounting for 48.02 percent market share, down from 50.24 percent in January.
CATL denies rumors of battery production cuts
CATL has a strong ability to secure supply, but rumors of production cuts show that the industry as a whole is facing cost pressures, local…
CATL, Sany put battery swap-enabled heavy trucks into operation
The heavy trucks are powered by CATL's lithium iron phosphate batteries, which support both high-power fast charging and quick battery swaps…
CATL breaks ground on $440 million plant near Tesla Giga Shanghai
The project, with a total floor area of about 350,000 square meters, will be completed and operational within one year.
CATL contributes 50.24% of China’s Jan power battery installations
CATL's share of the ternary battery market was 57.17 percent in January, and 44.6 percent in the LFP battery market.
CATL addresses concerns after shares fall 20% in past two months
While there are other players who will rely on low prices to compete for market share, CATL has the lowest costs and highest reliability of…
CATL sues rival Svolt Energy, alleging unfair competition
Nine former CATL employees joined two affiliated companies of Svolt Energy, and CATL believes that the individuals violated their non-compete…
CATL says it has reported to police in response to ‘series of malicious rumors’
A series of malicious rumors about CATL being sanctioned by the US, being removed from the ChiNext index, and failed negotiations with Tesla…
CATL denies consulting on possibility of being sanctioned by US
Although the rumor did not spread widely, CATL shares traded in Shenzhen plunged 6.66 percent at the close of trading.