CATL Tag

09 Apr New-energy vehicles to make up 50% of China’s new cars sales by 2030, Moody’s forecasts

Posted at 01:39h in Asia

New-energy vehicles (NEVs) will make up about half of new car sales in mainland China by 2030, as state incentives and expanding charging stations win over more customers, according to Moody’s Investors Service.The projection suggests a steady and continuous gain over the next six years...

Read More

26 Mar Chinese battery giant CATL shrugs off EV sales slowdown to press on with expansion

Posted at 01:51h in Asia

Zeng offered his survival of the tech-savviest assessment on Monday from Hong Kong, where he delivered one of the keynotes at a sustainability conference. His view that market forces are taking hold in China is reinforced by the central government doing away with national subsidies...

Read More

14 Mar Chinese EV builder Nio says it is working with CATL to develop batteries with longer lifespans

Posted at 23:00h in Asia

The two companies aim to churn out EV batteries that can last for as long as 15 years, nearly double the current average lifespan of such batteries of about eight years, which could help EV users save tens of thousands of yuan, they said.“Battery safety,...

Read More

01 Mar China’s Li Auto delivers electric minivan with fridge and sofa to lure wealthy families from General Motors’ petrol MPV

Posted at 11:51h in Asia

Li Auto has priced its multipurpose vehicle (MPV) at 559,800 yuan (US$77,764), nearly double the price of market leader General Motors’ petrol-powered competitor, the GL8, as the nearest rival to Tesla in mainland China vies for a bigger share of the country’s premium electric vehicle...

Read More

31 Jan Chinese EV battery maker CATL expects 2023 profit to jump as much as 48 per cent as it maintains huge advantage over rivals

Posted at 05:30h in Asia

The company, based in Ningde in East China’s Fujian province, said in a filing to the Shenzhen Stock Exchange on Tuesday evening that earnings for last year would reach 42.5 billion yuan (US$6 billion) to 45.5 billion yuan, up by between 38.3 per cent...

Read More

28 Jan Electric car battery giant CATL teams up with Didi to share swapping tech for ride-hailing fleet in new joint venture

Posted at 10:00h in Asia

Chinese electric vehicle (EV) battery giant CATL and ride-hailing powerhouse Didi have formed a joint venture (JV) focusing on battery-swapping technology, as they seek to leverage their strengths to make headway in China’s EV charging infrastructure market.The tie-up will see the companies work closely to...

Read More

19 Jan World Economic Forum: CATL’s Robin Zeng calls for setting aside geopolitical tensions to address EV battery materials shortage

Posted at 09:30h in Asia

Geopolitical tensions must be set aside as the world faces shortages of critical battery materials such as lithium, nickel and cobalt due to surging demand, said Robin Zeng Yuqun, founder of Contemporary Amperex Technology Ltd (CATL), the world’s largest manufacturer of batteries for electric...

Read More

15 Jan China EVs: CATL, world’s top battery maker, plans first plant in Beijing to supply Li Auto and Xiaomi

Posted at 11:40h in Asia

Contemporary Amperex Technology (CATL), the world’s largest electric vehicle (EV) battery manufacturer, will build its first plant in Beijing to tap the rising demand for battery-powered cars in mainland China.CATL’s plant will help China’s capital city form a complete supply-chain for EV production, as...

Read More