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. Listed on the Hong Kong Stock Exchange in October 2022.

-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 2023 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)

Featured report

 

  Featured report

 

Technologies and products of 6 Chinese battery manufacturers

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

 

Shareholders

-Listed on the Hong Kong Stock Exchange (As of December 31, 2023)
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

  Technical Route Product Type Features
Passenger Car Market Products Ternary Products 400V 2C Mid-Nickel Battery Achieves 20%-80% charge in 18 minutes, applied in a new 100kWh model, reducing charging time by 50% compared to the previous generation.
800V 3C/4C Mid-Nickel Battery Achieves 20%-80% charge in 10 minutes, with large-scale delivery already completed.
6C High-Nickel R46 Large Cylindrical Battery 46 series large cylindrical product. Structural innovation has reduced internal resistance by 50% compared to “tabless” and “full-tab” structures, increasing space utilization by 3%. It supports 8-minute charging to 80% with a cell energy density of 300Wh/kg.
High-Nickel Multinary Battery High-energy battery with a cell energy density of 350Wh/kg. It has achieved breakthroughs in safety and lifespan, with innovative technologies such as safe electrolytes, passing the nail penetration test, and achieving a cycle life exceeding 1,500 times.
Ultra-High Energy Density Semi-Solid Battery Achieves a cell energy density of 400Wh/kg while maintaining a cycle life close to 1,000 times, balancing energy, performance, and safety.
Phosphate Series Products High-Power Lithium Iron Phosphate Prismatic Battery Features high power and all-climate applications, developed for the passenger car hybrid market, covering a range of 80km-400km, with mass delivery already completed.
High-Power Lithium Iron Phosphate R46 Large Cylindrical Battery A new generation product developed for the hybrid market, with mass delivery imminent.
High-Specific Energy Lithium Iron Phosphate Battery L300 series prismatic cells use full-tab lamination technology, making cells thinner and lighter, improving volume efficiency and assembly efficiency, with mass delivery already completed.
800V 3C Fast-Charging Lithium Iron Phosphate Battery Combines high specific energy, high rate, and fast charging, recognized by the mid-to-high-end pure electric passenger car market, with mass delivery already completed.
800V 5C Ultra-Fast Charging Lithium Iron Phosphate Battery Achieves 20%-80% charge in 9 minutes, with mass delivery imminent.
Commercial Vehicle Market Products Cell products with capacities covering 125Ah-314Ah

Products for the light truck and van markets achieve 20%-80% charge in 30 minutes, with mass delivery already completed;

Products for the heavy truck and bus markets achieve long cycles, with mass delivery already completed. The 314Ah cell product features high energy efficiency and ultra-long lifespan, suitable for both energy storage and commercial vehicle applications, with a cycle life of up to 7,000 times. The platform-based PACK system product can meet different space and energy needs of customers.

(Based on the Company’s 2023 Annual Report)

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