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.

Key Facts & Figures

  • Founded: 2011; Headquarters: Ningde, Fujian, China
  • Employees: ~126,000 (2024)
  • Revenue: RMB 362 billion in 2024 (≈ US$50.3 billion)
  • Market capitalization: ~US$232 billion (Oct 2025)
  • Global EV battery share: ~37.9% (H1 2025)
  • Installed in H1 2025: 128.6 GWh; planned capacity by 2025: >670 GWh
  • European plants: Germany (Thuringia/Arnstadt) 14 GWh designed capacity; Hungary (Debrecen) 100 GWh planned, start early 2026
  • Technologies: LFP, NCM/NMC, sodium‑ion (Naxtra), Shenxing fast‑charging LFP, Freevoy Dual‑Power
  • Customers mentioned publicly: Tesla, BMW, Volkswagen Group, Mercedes‑Benz, Stellantis, Ford

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 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.

Products

  • LFP (Lithium Iron Phosphate): CATL’s LFP packs are valued for thermal stability, long cycle life, and competitive cost structure—now deployed widely for mainstream EVs and energy storage.
  • NCM/NMC: For ranges demanding higher energy density, CATL supplies nickel‑rich chemistries to premium vehicle programs and performance‑sensitive applications.
  • Sodium‑ion (Naxtra): Announced for mass production in 2025, Naxtra targets EVs and commercial vehicles operating in cold or variable conditions. Public claims include strong low‑temperature output and rapid‑charge capability, positioning sodium‑ion as a cost‑sensitive option where range demands are moderate.
  • Shenxing Fast‑Charging LFP: The second‑generation Shenxing platform is designed for very rapid charging—minutes from low to high state‑of‑charge—even at sub‑zero temperatures, addressing a frequent consumer concern in Europe and North America.
  • Freevoy Dual‑Power Battery: A pack‑level architecture that pairs energy zones with independent thermal and electric management, intended to improve safety margins and enable higher performance in future EV platforms. Company materials describe “self‑forming anode” advances and density gains versus conventional designs.
  • Energy Storage Systems (ESS): CATL provides modular containerized systems with integrated battery management, thermal control, and controls software for grid integration, peak shaving, and renewable firming. The LFP‑based ESS portfolio focuses on safety, serviceability, and lifecycle cost.

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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