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.
China’s power battery installations rise 86.9% year-on-year to 16.2 GWh in Jan
LFP batteries led ternary batteries in China for the seventh consecutive month.
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.
CATL remains world’s largest EV battery maker for fifth consecutive year
CATL's share of the global power battery market reached 32.6 percent in 2021, up 8 percentage points from 24.6 percent in 2020.
Xpeng reportedly to replace CATL with CALB for cost reasons, EV maker responds
Xpeng will gradually replace the batteries originally supplied by CATL with those from CALB, as the price of CATL's products has risen too…
Xpeng reportedly bringing in another battery supplier to reduce dependence on CATL
Battery maker Sunwoda will be the main supplier in one version of Xpeng's flagship SUV, the G9, with a share of more than 50 percent,…