Contemporary Amperex Technology

Contemporary Amperex Technology Co. Limited (CATL)
Industry Automotive Li-ion Batteries, Energy Storage Systems, Battery Recycling
Founded 2011
Headquarters Ningde, Fujian Province, China
Key people
 Zhou Jia (CEO)
Number of employees
 10000 (2016)[1]
Website www.catlbattery.com Edit this on Wikidata

Contemporary Amperex Technology Co. Limited (CATL) is a Chinese technology company founded in 2011 and specialized in the manufacturing of lithium-ion batteries for electric vehicles and energy storage systems, as well as battery management systems (BMS).[2] It is headquartered in Ningde, Fujian Province[3] and operates manufacturing bases in Ningde, Qinghai and Liyang. Its three main R&D centers are based in Ningde, Shanghai and Berlin.[4]

CATL’s annual sales volume amounted to 11.84 GWh of energy storage capacity in 2017.[5] Based on annual shipments, CATL is the world's first and largest provider of EV, HEV and PHEV battery solutions followed by Panasonic (Sanyo) and BYD. The company aims to have a global lithium-ion production capacity of 50 GWh by 2020.[6]

In 2018, it was announced that CATL will establish a new battery factory in Erfurt, Thuringia, Germany.[7] BMW announced that it would buy €4 billion worth of batteries from CATL for use in the electric Mini and iNext vehicles.[7]

Partnerships

CATL’s battery technology is currently used by a number of electric vehicle manufacturers. In the international market, CATL is collaborating with PSA,[8] Hyundai[9] and BMW.[10] In China, its clients include BAIC Motor, Geely Automobile, Yutong Bus, Zhongtong Bus, Xiamen King Long, SAIC Motor and Foton Motor.[11][12]

In January 2017, CATL announced its plans to enter into a strategic partnership with Valmet Automotive, focusing its collaboration on project management, engineering and battery pack supply for EV and HEV. As part of the partnership, CATL acquired a 22% stake in Valmet Automotive.[1][13]

References

  1. 1 2 "Valmet Automotive and CATL form a strategic partnership in electric vehicle solutions – CATL invests in Valmet Automotive to become an important owner". www.valmet-automotive.com. Retrieved 2017-03-29.
  2. ↑ "CATL Company Profile". www.catlbattery.com. Retrieved 2017-03-29.
  3. ↑ Reuters. "Chinese Battery Maker Taking on Global Electric Car Market". Fortune. Retrieved 2017-06-17.
  4. ↑ "CATL Global deployment". www.catlbattery.com. 2018-06-12. Retrieved 2018-06-12.
  5. ↑ "Achievement-CATL". www.catlbattery.com. 2018-06-12. Retrieved 2018-06-12.
  6. ↑ "Power surge: Chinese electric car battery maker charges for global market". Reuters. 2016-12-25. Retrieved 2017-03-29.
  7. 1 2 Geuss, Megan (July 9, 2018). "Chinese firm will build battery factory in Germany to supply BMW, Volkswagen". Ars Technica. Archived from the original on July 9, 2018.
  8. ↑ Editorial, Reuters. "PSA chooses LG and China's CATL for batteries in future hybrid car". Reuters UK. Retrieved 2017-03-29.
  9. ↑ "Hyundai chooses Chinese battery supplier". Nikkei. Retrieved 2017-05-02.
  10. ↑ "Subscribe to read". www.ft.com. Retrieved 2017-03-29.
  11. ↑ "Battery Maker Helping Power China Electric Car Boom Plans IPO". Bloomberg.com. 2016-09-01. Retrieved 2017-03-29.
  12. ↑ "Global Li-ion Power Battery Industry Report, 2017-2020 with Focus on the Chinese Market - Research and Markets". Retrieved 2017-03-29.
  13. ↑ Forsell, Tuomas (2017-01-30). "Chinese battery maker CATL buys stake in Finnish car supplier". Reuters. Retrieved 2017-06-17.
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