CATL (Contemporary Amperex Technology Co., Ltd.)
Company Profile
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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)
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. |