What is the strategic purpose of CATL's investment in CarbonScape Ltd.?

CATL is investing in CarbonScape Ltd. to collaborate on scaling up production of bio-based graphite—derived from forestry byproducts—for use in lithium battery anodes, with the goal of bringing commercial biographite production online by the end of the decade.

Why is the development of bio-based graphite significant for the global battery supply chain?

Graphite is a key raw material for battery anodes, and the global supply faces deficits of both natural and synthetic varieties until at least 2031; currently, over 75% of battery-grade graphite comes from oil-based feedstocks, making CarbonScape’s wood-derived alternative a strategically important diversification effort amid rapidly growing demand—expected to increase sixfold between 2025 and 2040.

CATL Invests in New Zealand Firm to Develop Graphite From Wood

Jul 5, 2026

CATL invests in CarbonScape Ltd. to scale bio-based graphite from forestry byproducts for lithium batteries. The partnership aims to address global supply deficits and bring commercial biographite online by the end of the decade.

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CATL Invests in New Zealand Firm to Develop Graphite From Wood

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CATL Invests in New Zealand Firm to Develop Graphite From Wood

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