investing approximately EUR 18 billion (about JPY 3 trillion) over the three years through the end of 2026, concentrating its management resources on electrification and SDVs. Jointly developing AI algorithms for autonomous driving with Infineon Technologies AG (Infineon). 6 6 CATL (Contemporary Amperex Technology Co., Ltd.) 35,538 40,506 ・Although sales volume of batteries increased, revenue decreased due to lower prices of raw materials in...

Market & Tech Reports  Updated at: 2025/07/02

em, intelligent driving, intelligent cockpit, and chassis. This architecture will cover MPVs, SUVs and sedans, three new energy technology lines - BEV, PHEV and range extender EV - as well as front-wheel, rear-wheel and four-wheel drive systems.   The Buick brand has collaborated with Contemporary Amperex Technology Co., Ltd. (CATL) to release a 6C LFP ultra fast charging battery that, when combined with a 900V high voltage platform, delivers a ...

Market & Tech Reports  Updated at: 2025/06/30

d that its partner PT UABS Indonesia (UABS) has started operations at its battery plant in Cikarang, West Java. UABS is a JV between China’s United Auto Battery System and Indonesia’s PT Agung Kentjana Abadi. United Auto Battery System is a collaboration between the SAIC Group and Contemporary Amperex Technology Co., Limited (CATL). With an initial investment of USD 6.3 million, the plant can annually produce 20,000 power batteries (LFP and ...

Market & Tech Reports  Updated at: 2025/06/13

d at high rates, which will damage the electrode materials and shorten their lifespan. Large cylindrical batteries often use nickel-plated steel as the shell material to resist deformation, but the steel shell materials are mainly imported into China and lack cost advantages. 1. CATL (Contemporary Amperex Technology Co., Ltd.) ▶ Recent Developments (1) Financial data (Unit: CNY millions) 2020 2021 2022 2023 2024 Sales 50,319 130,356 328,5...

Market & Tech Reports  Updated at: 2025/06/12

pts the SEA (Sustainable Experience Architecture) super hybrid system with a full-stack 900V high-voltage architecture, and supports the different driving modes of BEV, PHV, and EREV. The maximum output of the front motor is 290kW and that of the rear motor is 370kW. Powered by CATL's (Contemporary Amperex Technology Co., Ltd.’s) Xiaoyao battery, it has an EV-mode cruising range (CLTC mode) of 380km. It supports a 6C charging rate. Charging tim...

Market & Tech Reports  Updated at: 2025/05/30

EV-mode (NEDC), and a total range of over 900km on a single full charge and a full tank of 70 liters. The price after subsidy is THB 1,099,000. Avatr 11 In September 2024, the Avatr brand held a brand launch in Thailand. Changan Automobile, Huawei Technologies Co., Ltd. (Huawei), and Contemporary Amperex Technology Co., Ltd. (CATL) have partnered to offer high-end smart EVs under the brand. The first model to be launched in Thailand is the Avat...

Market & Tech Reports  Updated at: 2025/05/12

lopment of advanced technology with Momenta Global Limited (Momenta), and AI technology with Hangzhou DeepSeek Artificial Intelligence Co., Ltd. (DeepSeek). In addition, the company will pursue joint development of cell-to-body (CTB) and lithium iron phosphate battery technologies with Contemporary Amperex Technology Co., Ltd. (CATL), with whom it has entered into a comprehensive alliance in 2024. Dongfeng Honda GT and GAC Honda GT   T...

Market & Tech Reports  Updated at: 2025/05/07

on.   Perovskite solar cells are lightweight and flexible (R = 1m) allowing them to fit the curved shapes of vehicle bodies, and when combined with crystalline silicon, they can be used in tandem to achieve high efficiency.   CATL: Battery pack (for Kei-class BEV/HEV/PHEV)   CATL's (Contemporary Amperex Technology Co., Ltd.) entire booth was dominated by products for energy storage equipment, but in terms of automotive products, rather than ge...

Market & Tech Reports  Updated at: 2025/04/08

s focusing on the battery field. The company launched its Golden Shield battery brand in 2023. By 2030, the company plans to introduce batteries researched and developed in-house into eight models and increase its production capacity to 150GWh. It is also deepening its partnership with Contemporary Amperex Technology Co., Ltd. (CATL), with a battery joint venture (CATL-Changan EV Battery Co., Ltd.) already in operation.   In February 2025, the c...

Market & Tech Reports  Updated at: 2025/03/12

and it is reconsidering plants it had planned to build in Germany and Italy in 2024 in collaboration with Automotive Cells Company (ACC). The joint venture plant established in Canada with LG Energy Solution Ltd. began battery production. The company has also reached an agreement with Contemporary Amperex Technology Co., Ltd. (CATL) to build a joint venture LFP battery plant in Spain. In addition, the company established its own battery factorie...

Market & Tech Reports  Updated at: 2025/03/05

atteries grew 10.2% to 139.0GWh, and lithium iron phosphate batteries increased 56.7% to 409.0GWh.   The following is a summary of the top 10 companies in terms of the capacity of drive batteries installed. The top three companies were the same as the previous year. In first place was Contemporary Amperex Technology Co., Ltd. (CATL) with a 45.08% market share (246.01GWh installed capacity), and BYD was in second place with a 24.74% market share ...

Market & Tech Reports  Updated at: 2025/02/19

gines. Total investment is expected to reach CNY 614 million, covering 5 to 7L medium-duty engines, heavy-duty hydrogen engines, and production lines. Battery swap partnership FAW Hongqi announced that on December 14, 2024 it signed a framework agreement with CATL and its subsidiary, Contemporary Amperex Energy Service Technology Ltd., for a partnership on a battery swap project. The three companies will fully integrate their resources for full...

Market & Tech Reports  Updated at: 2025/01/28

icles (Beijing) Research Institute Co., Ltd. The organizations will collaborate in areas including the construction of cloud control platforms and road-cloud network facilities. Skateboard chassis partnership (CATL) Suzhou Synland Power Technology Co., Ltd. (Synland), a subsidiary of Contemporary Amperex Technology Co., Ltd. (CATL), announced that it signed a strategic cooperation agreement with FAW Jiefang Qingdao Automotive Co., Ltd. (FJQ) on...

Market & Tech Reports  Updated at: 2024/11/05

ght-Duty Truck (Truck - GVWR 8,500lbs or less) MDV (EPA definition) : Medium-Duty Passenger Vehicle (GVWR less than 10,000lbs) HDV (EPA definition) : Heavy-Duty Vehicle (GVWR 8,500lb or more)   Names of Suppliers ACC : Automotive Cells Company SE AESC : AESC Group CATL : Contemporary Amperex Technology Co., Ltd. LG : LG Energy Solution Ltd. / LG Chem Ltd. Samsung : Samsung SDI Co., Ltd SK : SK On Co., Ltd. / SK Innovation Co....

Market & Tech Reports  Updated at: 2024/10/18

as set a target of 50,000 EV sales in 2024, roughly three times the 2023 level, based on various preferential policies.   Indonesia also aims to become a production hub for EV batteries, taking advantage of the country's abundant nickel ore mineral resources. In December 2023, China's Contemporary Amperex Technology Co., Ltd. (CATL) announced a joint investment with an Indonesian state-owned company to establish a supply chain for lithium-ion ba...

Market & Tech Reports  Updated at: 2024/09/04

ance and use this to improve the product competitiveness of Honda EVs.   Going forward, Honda will essentially pursue a vertically integrated model on a global scale. However, China has its own unique characteristics, and at this point in time, Honda plans to procure mainly from CATL (Contemporary Amperex Technology Co., Ltd.) (from the Q&A session at the FY2023 financial results briefing).   Building a vertically integrated EV production syste...

Market & Tech Reports  Updated at: 2024/08/23

eration intelligent technologies, including the latest Qiankun intelligent automotive solutions and HarmonySpace cockpit. The first models will be released in the first quarter of 2025. Battery swap partnership (CATL) GAC Aion, CATL and CATL’s battery replacement service subsidiary Contemporary Amperex Energy Service Technology Ltd. signed a partnership framework agreement on battery swap projects on May 16, 2024. The companies will collabora...

Market & Tech Reports  Updated at: 2024/08/01

ilt in Karawang, West Java. The new plant is expected to start mass production in the third quarter of 2024. Hyundai aims to manufacture EVs equipped with Indonesia-made battery cells by the end of 2024. CATL and Beijing Hyundai sign strategic partnership agreement On April 25, 2024, Contemporary Amperex Technology Co., Ltd. (CATL) announced that it has signed a strategic partnership agreement with Beijing Hyundai Motor Co., Ltd. The two compan...

Market & Tech Reports  Updated at: 2024/07/25

Vs in the U.S. has attracted attention as an investment destination, and investments from Japan and Korea have been welcomed by all quarters in the U.S.   Investment by some Chinese battery manufacturers is facing competitive pressures from low prices and severe market contraction. 1. Contemporary Amperex Technology Co., Ltd. (CATL) ▶ Recent Developments (1) Financial data CATL’s major financial results (Unit: CNY billions) 2020 2021 2022...

Market & Tech Reports  Updated at: 2024/07/25

1 FY ended Dec. 2023 92% of company-wide sales are for passenger cars and commercial vehicles (91% in FY2022) 4 4 Hyundai Mobis Co., Ltd. 45,438 40,231 FY ended Dec. 2023 Company-wide sales 5 5 Magna International Inc. 42,797 37,840 FY ended Dec. 2023 Company-wide sales 6 6 CATL (Contemporary Amperex Technology Co., Ltd.) 40,506 35,203 FY ended Dec. 2023 Automotive drive battery systems 7 7 Aisin Corporation 33,021 31,575 FY ended Mar. 20...

Market & Tech Reports  Updated at: 2024/07/04