56 articles
CATL aims to convert growing Australian interest into investments for its new sodium-ion battery storage systems, utilizing sodium instead of traditional lithium. The company has already deployed thes
CATL and BAIC plan a battery-swapping network targeting 1 million vehicles to diversify revenue amid cooling domestic car sales. The partnership expands infrastructure cooperation across multiple bran
CATL's slower-than-expected profit growth triggered a stock drop as analysts warn new consumption taxes and reduced export rebates will compress margins. These fiscal changes pose risks to CATL and sm
CATL reported its slowest profit growth in two years amid fierce EV battery competition, with net profit rising 14.5% to 21.2 billion yuan while revenue climbed 58.6%. The company also unveiled new he
CATL announced battery upgrades and swap station plans for its e-truck business, securing 13,000 truck orders from major logistics companies as the Chinese market expands rapidly.
CATL unveiled its Tianxing II battery platform and plans to build 900 heavy-truck swapping stations by year-end to accelerate electrification. The company aims to reduce costs by 15% using standardize
Ahead of its third-quarter earnings, CATL shares maintain a significant Hong Kong premium over mainland listings despite market concerns. Analysts forecast a 30% year-on-year profit increase driven by
Mercuria Energy Group secured a $250 million advance payment deal for three years of copper supply from Shanghai Jayson in the DRC. The deal underscores rising trader demand for secure copper access a
CATL initiated production at its 100GWh battery plant in Debrecen, Hungary, representing a €7.34 billion investment. Simultaneously, GAC intends to acquire all Chinese equity in FAW Toyota, with trans
CATL has commenced operations at its new cell factory in Debrecen, Hungary, featuring a 100 GWh capacity and €7.34 billion investment, establishing its largest overseas production base.
CATL reports limited impact from China's new 2% battery tax despite order volatility, citing strong energy storage output driven by domestic investment. However, declining project returns may cause fu
Chinese executives from BYD, CATL, and Xiaomi may accompany President Xi to Washington to discuss trade barriers and rare-earth licenses. The move addresses US regulatory scrutiny on EVs and battery c
Chinese automakers like Li Auto and Xiaomi are diversifying battery suppliers beyond CATL to reduce costs and gain bargaining power. This trend challenges CATL's market dominance amid fierce pricing c
Investors remain confident in CATL's technology leadership despite a $100 billion market value decline and 'de-CATLization' fears. The company launched its first buyback while analysts highlight its s
CATL shares plunged 10% over two days due to Q3 outlook concerns and production cut speculation, despite forecasts for sequential shipment volume increases of 20% in Q3.
CATL secured approval to acquire a stake in Geely-backed Chongqing Yaoning, marking a key step in Beijing’s strategy to consolidate the battery sector and curb capacity oversupply.
REPT Power issued a statement clarifying that a viral video of a naked employee in its workshop resulted from a conflict over resignation procedures, denying rumors linking it to competitor CATL.
The U.S. Transportation Department raised national security concerns over Ford's partnerships with Chinese battery maker CATL and automakers Geely and BYD, citing reliance on subsidized foreign techno
According to BNEF, China tightened PV production regulations to address overcapacity and stabilize prices with new efficiency and quality standards. CATL also forecasts new energy heavy-duty truck pen
CATL's Hungarian battery plant remains paused pending rectification of nickel exposure safety defects, currently limited to equipment debugging. Concurrently, China's photovoltaic installed capacity h
China's energy storage battery overseas orders surged 83% to 298 GWh, with Europe taking over one-third of the market. Regulatory windows remain open for Chinese firms like CATL to expand before stric
CATL acquired a 49% stake in Zhongheng Electric for 4.1 billion RMB, joining two other AI data center investments within five months. The partnership targets computing infrastructure, new energy, and
CATL's Yiching lithium mine remains suspended due to licensing issues, halting production operations. The mine's status significantly influences domestic lithium pricing and supply-demand dynamics ami
CATL announced a record 40 billion yuan share buyback, while the MIIT inspected EV makers Aion and XPeng. Japan also released results from its first deep-sea rare earth trial, planning large-scale ope
CATL and Stellantis' Spanish gigafactory will employ an average of 1,000 Chinese workers during construction, with production starting in early 2027. The joint venture plans to train 4,000 local worke
CATL reported a 42% increase in first-half net income to 43.3 billion yuan, driven by robust demand for energy storage systems which now account for 19% of revenue.
CATL reported a 36.5% year-on-year profit increase to 22.5 billion yuan, driven by strong energy storage growth despite softer EV demand. Plans include a 20-40 billion yuan share buyback and continued
Hungary's new government enforces strict environmental rules on its $20 billion EV sector, targeting Chinese battery giants like CATL and BYD amid pollution probes. This shift threatens subsidies and
CATL signed an MoU with Alfen to deploy 5 GWh of sodium battery energy storage systems in Western Europe starting in 2027. This marks the first commercial landing of CATL's sodium battery storage solu
A Spanish government report confirms reliance on Chinese expatriate workers for constructing a €4.1 billion CATL-Stellantis battery plant and other auto ventures through 2028, projecting nearly 6,000
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