CATL (Contemporary Amperex Technology Co., Ltd.)

Company Profile

■URL

https://www.catl.com/en/

■Address

No.2, Xingang Road, Zhangwan Town, Jiaocheng District, Ningde, Fujian, China

Business Overview

-Chinese privately owned mega battery manufacturer. Main products are automotive batteries.

-In the drive battery business, the Company offer a diverse product lineup of chemical systems, including condensed batteries, ternary high nickel batteries, ternary high voltage medium nickel batteries, M3P batteries, lithium iron phosphate batteries, and sodium ion batteries. CATL's automotive clients include BMW, Mercedes-Benz, Stellantis, Volkswagen, Ford, Toyota, Hyundai, Honda, Volvo, SAIC, Geely, NIO, Li Auto, Yutong, and Xiaomi.  

-In passenger cars, the Company's products can be applied to different market segments such as BEV, PHEV, and HEV. In commercial vehicle applications, the Company's products can be used in road passenger transport and intra-city delivery vehicles, construction equipment such as forklifts and loaders, as well as in electric marine and aircraft applications.

-The company continues to introduce innovative solutions such as the skateboard chassis, the "Choco-Swap" battery swap service for passenger vehicles, and the "Qiji battery swap service" for heavy-duty trucks.  

-In 2024, CATL’s batteries ranked first in global battery usage from 2017 to 2024 and held a 37.9% market share in the global power battery market.  (From 2024 Annual Report)

Click here for “Analysis Report: Lithium-Ion Battery"

Shareholders

-Listed on Shenzhen Stock Exchange

(As of December 31, 2024)
Major Shareholders Shareholding Ratio (%)
Xiamen Ruiting Investment Co., Ltd. 23.27
Hong Kong Exchanges and Clearing Ltd. 12.30
Shilin HUANG 10.58
Ningbo Joint Innovation New Energy Investment Management Partnership (Limited Partnership) 6.45
Other shareholders 47.40
Total 100.00

 

Products

Product category Technology Type Details Applications
Cell mass energy density C-rate Cycle life Safety standards
Ternary lithium-ion battery Lithium-ion batteries using nickel, cobalt, and manganese as positive electrode materials Rectangular BEV: 220~
310Wh/kg
HEV: 100~
130Wh/kg
BEV: 1C~4C
HEV: 1C~50C
BEV: 2,000-6,000 cycles
HEV: 20,000 cycles
GB38031, UN38.3, ECE R100.3, etc. Passenger cars, Commercial cars
Lithium iron phosphate battery Lithium-ion battery using lithium iron phosphate as positive electrode material Cylindrical, rectangular 180~
200Wh/kg
0.25C~4C 4,000-
15,000 cycles
Passenger cars, commercial vehicles: GB38031, GB38032, UN38.3, ECE R100.3, etc.
Energy storage systems: GB/T36276, UN38.3, UL9540A, UL2580, UL1973, IEC62619, etc.
Passenger cars, commercial vehicles, energy storage systems, electric ships, electric motorcycles, etc.

(From CATL Annual Report)

History

Dec. 2011 The company was established.
Nov. 2012 Established a subsidiary called Contemporary Amperex Technology Limited (Qinghai).
Jun. 2014 Established a wholly-owned subsidiary called Lithium Contemporary Amperex Technology Limited (Beijing).
Dec. 2014 Established a branch in Shanghai .
2014 Established a subsidiary called Contemporary Amperex Technology GmbH (Germany) as a R&D center.
Jan. 2015 Acquired Guangdong Brunp Recycling Technology Limited (Foshan). The company owns 66.72% of the shares.
Oct. 2015 Established a subsidiary called Contemporary Lithium Power Limited.
Dec. 2015 Changed name to Contemporary Amperex Technology Limited.
Jun. 2016 Established a subsidiary called Contemporary Amperex Technology Limited (Jiangsu).
Aug. 2017 Established a subsidiary called Contemporary Amperex Technology (Hong Kong) Limited
Jun. 2017 Established a subsidiary called Contemporary Amperex Technology France
Jun. 2017 Established two joint ventures called Contemporary SAIC Power Battery Co., Ltd. and SAIC Contemporary Power Battery Systems Co., Ltd.
Jul. 2017 Established a subsidiary called Dongguan Runyuan Amperex Technology Limited
Sep. 2017 Established a subsidiary called Contemporary Amperex Technology (USA), Inc.
Oct. 2017 Established a subsidiary called Contemporary Amperex Technology Japan KK
Jun. 2018 Listed on the Shenzhen Stock Exchange
Jul. 2018 The Company established a battery production base and a technical center in Erfurt, Thuringia, Germany.
Jul. 2018 Joint venture with Dongfeng Electric Vehicle Co., Ltd., Dongfeng Contemporary (Wuhan) Electronic Systems Co., Ltd., starts production.
Nov. 2018 Established Yibin Tianyi Lithium Technology Innovation Co., Ltd. as a joint venture of CATL, Dongguan Yian Technology Co., Ltd., Sanxiang Advanced Material Co., Ltd., and Jiangsu Vansun Mechanical & Electrical Group Co., Ltd.
Dec. 2018 Established a joint venture, Contemporary GAC Power Battery Co., Ltd., with GAC Group.
Dec. 2018 Established a joint venture, GAC Contemporary Power Battery Co., Ltd., with GAC Group.
Dec. 2018 The Company opened its first North American sales and service base in Detroit, Michigan, USA.
Dec. 2018 Established a joint venture, CATL Geely Power Battery Co., Ltd., with Geely subsidiary Zhejiang Jirun Automobile Co., Ltd.
Apr. 2019 Established Contemporary FAW Power Battery Co., Ltd. as a joint venture with China FAW.
Jun. 2019 Established Contemporary Amperex Technology Thuringia GmbH in Thuringia, Germany.
Sep. 2019 With its subsidiary, Guangdong Brunp Recycling Technology Limited (Foshan), established Ningbo Brunp New Energy Co., Ltd.
Oct. 2019 Established Shichuan Contemporary New Energy Technology Co., Ltd.
Mar.2020 Established a joint venture, Shanghai Kuaibu New Energy Technology Co., Ltd., with Fujian Baicheng New Energy Technology Co., Ltd. (BACN).
Apr. 2020 Established a joint venture with East Group Co., Ltd., Xinneng East (Yangzhou) Co., Ltd.
Jun. 2022 Released EVOGO fast battery swapping stations.
Apr. 2023 Released Condensed Battery.
Jun. 2023 Released Qiji Energy battery swapping solutions.
Aug. 2023 Released Shenxing Superfast Charging Battery.
July 2024 Released Tianxing power battery sub-brand for buses.
Oct. 2024 Released Freevoy Super Hybrid Battery.
Dec. 2024 Released Bedrock Chassis, a chassis for EVs.

Supplemental Information 1

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