CATL: The latest figures, news and market research on CATL

Turnover: 13 billion USD (2021)

Country: China

CATL specializes in the production of batteries with application in the automotive industry and energy conservation for electric vehicles and storage systems.

News

Batteries: Chinese giant CATL takes advantage of the electric car boom. 23/06/2022

The world leader in lithium-ion batteries and supplier to Tesla has raised 45 billion yuan (6.4 billion euros) through a private placement.
It is neck and neck with South Korea's LG Energy Solution.
CATL occupies nearly 30% of the world market and more than half of the market in China, giving it powerful economies of scale.
CATL's market capitalization now approaches 180 billion euros.
CATL reached a record level in December, with a market capitalization of 240 billion euros.

Chinese giant CATL is riding the electric car wave. 23/06/2022

CATL, has raised 45 billion yuan (6.4 billion euros) through a private placement with institutional investors.
The Chinese battery giant is riding the electric vehicle boom.
CATL reaches a record high in December with a capitalization of 240 billion euros.
LG Energy Solution raises $10.7 billion in January.
BYD raises $1.8 billion in Hong Kong in October.

CATL is a Chinese company founded in 2011, specializing in the production of lithium-ion batteries for electric vehicles and electric energy storage systems. In 2018, the company was the largest manufacturer of industrial batteries for electric vehicles with a market share of 23.1 percent.

These batteries are used in the vehicles of major automakers such as PSA, Hyundai, and BMW. The company has set a production capacity of 50 GWh for lithium-ion batteries by 2020.