
Revenue From CATL's Power Battery Systems Up 132% in 2021
On Thursday, Chinese battery giant CATL released its 2021 annual report. Its operating income reached 130.356 billion yuan ($20.1 billion) in 2021, a year-on-year increase of 159.06%.
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On Thursday, Chinese battery giant CATL released its 2021 annual report. Its operating income reached 130.356 billion yuan ($20.1 billion) in 2021, a year-on-year increase of 159.06%.
Chinese battery maker Contemporary Amperex Technology Co., Limited (CATL) was the mystery suitor behind the C$377 million ($298 million) offer for Vancouver-based Millennia.
A recent report said that "a brokerage firm finds that a leading company in the lithium battery industry is massively promoting natural graphite." CATL denies it.
The China Center for Information Industry Development (CCID), situated under the country's Ministry of Industry and Information Technology, recently released its "2021 White Paper on China Lithium Battery Industry Development Index."
Shenzhen Chengxin Lithium Group Co., Ltd., a Chinese developer of lithium materials, announced on Tuesday that it plans to raise up to 3 billion yuan ($471 million) by introducing BYD as a strategic investor.
Sources within CATL revealed that the company will prepare to release new power battery technology in the near future. The company denied the news in a statement later in the afternoon.
On Wednesday, Lithium Americas Corp announced its acquisition of Vancouver-headquarted Millennium Lithium for $400 million. This price is about 34% higher than the $299 million offer from CATL.
On Tuesday, Fisker, an American electric vehicle start-up, published an article on its official website announcing its cooperation with Contemporary Amperex Technology Co., Limited (CATL), a lithium battery giant.
On Tuesday, the Fuding CATL Lithium-ion Battery Production Base Phase I Project in Fuding City, Ningde, Fujian Province, put into operation Plant No. 2 and started construction of Plant No. 4.
Ganfeng Lithium announced on Wednesday night its acquisition of 8.58% of shares in Litio Minera Argentina S.A. for a transaction amount of $13.178 million.
The bidding competition over Canadian lithium company Millennium has come to an end as Chinese lithium giant, Contemporary Amperex Technology Co., LIMITED (CATL), won the battle.
On June 24, Gotion High-Tech America and Argentinian state-owned mining company Jujuy Energía y Minería Sociedad del Estado (JEMSE) signed an agreement to establish a joint venture in Argentina.