CATL Concentrates Authority Over Production in Headquarters
Chinese battery giant CATL announced an organizational restructuring last week, under which some decision-making power will be concentrated in the headquarters to improve efficiency.
Tag: #Battery
Showing 12 of 221 posts with this tag
CATL to Build 13th Battery Production Base
China's leading battery company CATL announced on September 28 that it will build a battery production base in Luoyang, Henan Province with a maximum investment of 14 billion yuan ($1.95 billion).
9/29/20223 min read
China's Power Battery Output Tops 29.0 GWh in April
The China Automotive Battery Innovation Alliance released its monthly data on power batteries for April 2022 on Wednesday.
5/11/20222 min read
Chinese Firms Test Lithium Manganese Iron Phosphate Batteries
Lithium manganese iron phosphate batteries from Contemporary Amperex Technology Co., Ltd. (CATL), Sunwoda and EVE Energy Co., Ltd. have passed pilot scale tests in the first half of this year.
Battery Anode Materials Developer Tanovus Secures Pre-A Round Financing
On March 17, battery anode material startup Tanovus announced the successful completion of its Pre-A round financing, with investments totaling tens of millions of yuan led by IDG Capital. The company has confirmed that it will soon welcome A round financing.
3/17/20232 min read
CATL Partners With US's Primergy to Exclusively Supply Batteries for Gemini Project
Chinese battery giant CATL announced on October 18 that it has reached an agreement with Primergy Solar LLC, a US-based distributed photovoltaics and energy storage operator, to exclusively supply batteries for its Gemini project.
10/18/20223 min read
CATL Plans to Acquire 25% Equity of Yongtai Technology's Subsidiary for $78.3 Million
Yingke Hengtong, a shareholder of its holding subsidiary Shaowu Yongtai High-Tech Materials Co., Ltd, planned to transfer its 25% stake in the subsidiary to CATL for 500 million yuan ($78.3 million).
11/15/20212 min read
Scale of China's Power Battery Recycling Market to Exceed $5.93B in 2025
Gao Weiqiao, deputy general manager of Huayou Recycling Technology, a power battery recycling enterprise, said at the 7th International New Energy Conference held on July 15 that the power battery recycling field has become a new emerging market unto itself.
7/15/20222 min read
Sunwoda Electric Vehicle Battery Breaks $1B in Round-A Financing
Sunwoda Electric Vehicle Battery Co., Ltd. (Sunwoda EVB) announced on August 25 that it has completed round-A financing of about 8 billion yuan ($1.17 billion).
8/26/20222 min read
CATL Unveiled Shenxing PLUS Battery, Boasting 1000-km Range
At the 2024 Beijing Auto Show, CATL introduced the Shenxing PLUS battery, the world's first lithium iron phosphate (LFP) battery capable of achieving a 1000-kilometer range.
4/25/20242 min read
Gotion High-Tech Batteries to Be Installed in Volkswagen Cars Next Year
Chinese battery manufacturer Gotion High-Tech released its latest financial report on October 26, showing operating income of 14.426 billion yuan ($1.99 billion) in the first three quarters of the year. In addition, batteries supplied by the company to Volkswagen will be installed next year.
10/28/20223 min read
CATL's German Factory Begins Battery Cell Production
Chinese battery giant CATL's factory in Thuringia, Germany, has begun the mass production of lithium-ion battery cells as scheduled, which means that the company now has a local production and supply capacity for its European customers.