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The Latest Breaking News from CATL

Tesla Battery Supplier CATL's Stock Tumbles As Profit Falls 24% On High Raw Material Costs

Contemporary Amperex Technology Co, Ltd’s (CATL) shares plunged 12% in early trading on Thursday on the Shenzhen Stock Exchange, CnEVpost reported on Thursday.

Benzinga

Tesla Supplier CATL, Warren Buffett-Backed BYD Dominate EV Battery Market In China

Tesla Inc (NASDAQ: TSLA) and Xpeng Inc (NYSE: XPEV) battery supplier Contemporary Amperex Technology Co, Ltd (CATL) grabbed a market share of 50% in March among electric vehicle battery makers in China, a

Benzinga

CATL Opens Its First Battery Swapping Stations In China

The service is compatible with EVs featuring CATL's Choco-SEB battery modules; each one holds 26.5 kWh of energy and costs $62 a month to rent.

InsideEVs

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Why A Lithium Battery Shortage May Wreck The Great EV Race

Automakers are scrambling as lithium battery and rare earth shortages may wreck the great EV race. There's no quick fix.

Investors Business Daily

CBAK Talks Up Acquisition of Troubled Supplier, But Investors Unimpressed

Key takeaways: • CBAK says a troubled battery materials supplier it acquired late last year generated about four times its own revenue in the first nine months of 2021 • Filings show financials for the acquired company remain shaky, with its operations producing large cash deficits

Benzinga

This Tesla, Nio Battery Supplier Has Regained Over Half The Market Share In China

Tesla Inc (NASDAQ: TSLA) and Nio Inc (NYSE: NIO) battery supplier Contemporary Amperex Technology Co., Ltd (CATL) installed 10.81 GWh of power batteries in China in Mar

Benzinga

Here's How This Key Nio Supplier Looks To Tide Through China's Covid Crisis

Critical NIO Inc (NYSE:NIO) supplier Contemporary Amperex Technology Co. Ltd has implemented a closed-loop for workers at its main China factory in China, Bloomberg reports. The closed-loop helped the leading EV battery maker avoid the kind of Covid-19 shutdowns which are hurting Tesla Inc (NASDAQ:TSLA) and Volkswagen AG (OTC:VWAGY). Also Read: Apple's Key Supplier Resumes Partial Operation At Shenzhen Campuses CATL looked…

Benzinga

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CATL To Open 8 GWh Battery Cell Plant In Germany Later This Year

Expected to employ 1,500 people when it opens before the end of 2022, CATL's new battery cell plant is its first one outside China.

InsideEVs

Tesla Battery Supplier CATL Gets Nod For Plant In Germany

China’s key battery supplier Contemporary Amperex Technology (CATL) said on Wednesday it has secured the second partial approval for the commissioning of a new plant for battery cell production in Thuringia, Germany.

Benzinga

CATL Announces Third-Generation CTP Batteries

CATL, the world biggest lithium-ion EV battery manufacturer, announced the third-generation of its cell-to-pack CTP battery system.

InsideEVs

Report: CATL Might Build An 80 GWh Battery Plant In North America

Another very large EV-related investment emerged on the horizon in North America, as CATL reportedly seeks a site for a battery gigafactory.

InsideEVs

China: The Tesla Model Y RWD Did Not Avoid A Price Increase

The ongoing wave of price increases for electric cars in China has just reached the entry-level MIC Tesla Model Y RWD, which is equipped with CATL's LFP batteries.

InsideEVs

Caixin Top Stories of the Month: The Beginning of the End of the Post-Cold War World Order

Russia’s military operation in Ukraine has sent shockwaves across the globe

Caixin Global

Global Passenger xEV Battery Market Doubled In 2021: 286 GWh

The global passenger xEV (BEVs, PHEVs, HEVs) battery market significantly expanded in 2021, reaching a new record level.

InsideEVs

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Benzinga

Tesla Battery Supplier Panasonic To Begin Mass Production Of New Longer-Range EV Batteries In 2023: Report

Tesla Inc (NASDAQ: TSLA) supplier Panasonic Corporation (OTC: PCRFY) has fallen behind China's CATL and South Korea's LG Energy Solutions in battery manufacturing in rec

Benzinga

Tencent Emerges As China's Most Valuable Private Company: Hurun Report

Tencent Holdings Ltd (OTC:TCEHY) tops China's most valuable private company list in 2021, according to the Hurun Report. Tencent heads the list with a valuation of $609 billion. Alibaba Group Holding Ltd (NYSE:BABA) dropped to third place. The Hurun Research Institute has released the list of the Top 500 China non-state-controlled enterprises ranked…

InsideEVs

CATL Launches Battery Swapping Service For Electric Cars In China

CATL has announced EVOGO, its EV modular battery swapping service for China; the first compatible electric vehicle is FAW Group's Bestune Nat MPV.

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