Contemporary Amperex Technology Co. Limited (CATL)

CATL, a global leader in battery technology since 2011, is based in Ningde, China and stands as the world’s largest EV battery producer. It’s celebrated for its innovative LFP batteries and pioneering cell-to-pack process, driving sustainable energy storage and electric vehicle advancements.

Company Location

Country:

China

City:

Ningde, Fujian

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Company Overview

Contemporary Amperex Technology Co., Limited (CATL) is a global leader in the development and production of advanced lithium-ion batteries and energy storage solutions. Founded in 2011 and headquartered in Ningde, Fujian, China, CATL is the world’s largest manufacturer of electric vehicle (EV) batteries and energy storage systems, holding approximately 37% market share in EV batteries and 40% in energy storage as of 2023. The company serves passenger and commercial vehicles, energy storage systems, and industrial applications, powering brands such as BMW, Tesla, Volkswagen, and Toyota. Committed to sustainability, CATL aims for carbon neutrality in its core operations by 2025 and across its value chain by 2035.

Battery Technology

CATL specializes in lithium-ion battery technology with a focus on lithium iron phosphate (LFP) chemistry. It pioneered the cell-to-pack (CTP) manufacturing method, enhancing volume utilization by 15–20%, doubling production efficiency, and reducing components by 40%. In 2022 it launched its third-generation CTP “Qilin” battery, delivering 13% more power than competitors. The company is developing second-generation sodium-ion batteries due in 2025, and offers advanced battery management systems (BMS) and battery recycling solutions to promote a circular economy.

Products

Products include the Qilin CTP battery, second-generation sodium-ion batteries (expected 2025), standard swappable LFP and ternary batteries with 400–600 km range, the TENER Flex flexible energy storage solution, and the TECTRANS battery system for commercial vehicles.

Recent Projects

Notable projects include development of second-generation sodium-ion batteries (market 2025), deployment of two types of standard swappable batteries and a plan to build 1,000 battery swap stations by 2025, launch of the TENER Flex and TECTRANS battery systems, and partnerships with automakers including BMW, Tesla, Volkswagen, and Toyota.

Investors

The company’s investors include China Pacific Insurance, Barclays Bank, Bosera Funds, HSBC, J.P. Morgan, Morgan Stanley, various sovereign wealth funds, and Porsche Ventures.

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