CALB Group Co., Ltd. (Formerly CALB Co., Ltd.)

Company Profile

■URL

http://en.calb-tech.com

■Address

No.1, Jiangdong Avenue, Jintan District, Changzhou, Jiangsu, China

Business Overview

-Supplier of lithium-ion batteries, battery management systems, storage batteries and related integrated products, and lithium battery materials.

-Headquartered in Changzhou City, Jiangsu Province. The predecessor of the company was China Aviation Lithium Battery (Luoyang) Co., Ltd., which was established in December 2015.

-The company ranked 3rd in 2022 in terms of installed drive battery capacity in China, accounting for 6.4%. By 2025, the company's production capacity is expected to exceed 500GWh, with an annual production capacity of 1TWh by 2030.

-In China, the company has offices in Changzhou, Luoyang, Xiamen, Chengdu, Wuhan, Hefei, and Northeast area. In 2022, the company started construction of the Sichuan Meishan industrial site, the Guangdong Jiangmen industrial site and the European industrial site.

-In February 2023, the company name was changed from CALB Co., Ltd. to CALB Group Co., Ltd.

Click here for “Analysis Report: Lithium-Ion Battery (Chinese Market)

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Technologies and products of 6 Chinese battery manufacturers

CATL, CALB, EVE Energy, SVOLT, Ruipu and Sunwoda

Shareholders

-Unlisted (As of December 31, 2022)
Major Shareholders Shareholding Ratio (%)
Changzhou Jinsha Technology Investment Co., Ltd. 14.23
Sichuan Chengfei Integration Technology Co., Ltd. 8.53
Xiamen Lihang Jinzhi Equity Investment Partnership (Limited Partnership) 8.00
Other shareholders 69.24
Total 100.00

Products

Products Details
Ternary battery products 400V 2C medium nickel battery Charging time from 20% to 80% is 18 minutes. Installed in OEM's new 100kWh model, the charging time is reduced by 50% compared to the previous generation.
800V 4C medium nickel battery Charging time from 20% to 80% is 10 minutes.
800V 6C high nickel battery 46 Series of large cylindrical products. Structural innovation has been carried out to reduce the internal resistance of the structure by 50% and improve the space utilization rate by 3% compared to other structures such as "no tabs" and "full tabs", while improving energy density. The battery cell capacity has reached 300Wh/kg and can be charged up to 80% in 8 minutes.
High-nickel multi-element battery High energy battery with cell energy density of 350Wh/kg. Made progress in terms of safety and longevity, and with new technologies such as safe electrolytes, the product passed the nail penetration safety test. Cycle life over 1,500 cycles.
Phosphate battery products High power lithium iron phosphate battery High power and all weather capable, it was developed for the hybrid passenger car hybrid market. Supplied to OEM hybrid models.
One Stop lithium iron phosphate battery High energy, high strength, high power. The energy density of the battery pack is 152Wh/kg, and the cruising range is over 600km.
One-Stop high manganese lithium iron battery Nickel and cobalt consumption reduced to zero. Lithium consumption has been reduced by 15%, and the energy density of the battery pack is 180Wh/kg, enabling a cruising range of over 700km.

(From the company's annual report for 2022)

History

December 2007 Established Tiankong Nengyuan (Luoyang) Co., Ltd., the predecessor of China Aviation Lithium Battery (Luoyang) Co., Ltd.
September 2009 China Aviation Industry Group and China Air-to-Air Missile Research Institute jointly invested to absorb and merge Tiankong Nengyuan (Luoyang) Co., Ltd. to establish China Aviation Lithium Battery (Luoyang) Co., Ltd. with a registered capital of CNY 135 million.
2011

Sichuan Chengfei Aggregation Technology Co., Ltd., a subsidiary of Aviation Industry Corporation of China, has raised CNY 1.02 billion. Increased capital to China Aviation Lithium Battery (Luoyang) Co., Ltd. and built a lithium-ion battery manufacturing site.

April 2012

Established CALB USA Inc.

August 2015

Established CALB GmbH.

December 2015 Established China Aviation Lithium Battery (Jiangsu) Co., Ltd.
November 2016 Established China Aviation Lithium Battery Technology Research Institute Co., Ltd.
July 2018 Entered the passenger car battery market.
August 2018 "China Aviation Lithium Battery (Jiangsu) Co., Ltd." changed its name to "China Aviation Lithium Battery Technology Co., Ltd."
July 2019

Due to the business reorganization of the parent company, China Aviation Lithium Battery  (Luoyang) was incorporated under the umbrella.

July 2019 Established China Aviation Lithium Battery  (Xiamen) Technology Co., Ltd.
May 2021 Established Kaibo Energy Technology (Wuhan) Co., Ltd.
May 2021 Established Kaibo Energy Technology (Chengdu) Co., Ltd.
July 2021 Established Kaibo Energy Advanced Technology Research Institute (Shenzhen) Co., Ltd.
September 2021 Established Kaibo Energy Technology (Hefei) Co., Ltd.
November 2021 Established Jiangsu Power and Storage Battery Innovation Center Co., Ltd.
December 2021 Formed a new brand image "CALB". Changed the company name to "China Lithium Battery Technology Co., Ltd."
October 2022 Listed on the Hong Kong Stock Exchange
February 2023 Changed the company name to "CALB Group Co., Ltd."

Supplemental Information 1