48 articles
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
CATL signed a deal with Alfen N.V. to supply 5 GWh of sodium-based energy storage systems to Western Europe starting in 2027. This marks the first deployment of sodium battery storage in the European
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 onl
CATL identifies mining as the key bottleneck for EV batteries over refining, planning upstream investments in lithium and cobalt while pivoting to sodium-ion technology to mitigate supply risks.
CATL Chairman Zeng Yuqun stated solid-state battery tech is at level 4 of 9, meaning mass production is distant. Future benefits include 1000 Wh/kg energy density and enhanced safety.
China's new energy vehicle retail penetration reached a record 62.9% in May, per the Ministry of Commerce. Additionally, CATL announced a joint venture with Octopus Energy to construct a heavy-duty tr
CATL forecasts 10,000 to 20,000 electric vehicles will use its sodium-ion batteries this year, performing down to -30C. This strategy shifts focus due to rebounding lithium prices enhancing sodium com
CATL commences deliveries of its first sodium-ion battery solutions in September, targeting 1 GWh capacity by end-2026. The move counters rising lithium carbonate costs across energy storage, EVs, and
CATL launched its TENER sodium battery storage system, targeting one gigawatt-hour in shipments by year-end with global deliveries starting in 2027. This strategic shift leverages rising lithium price
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