CATL | Latest News & Updates - Dec 02, 2024 Release

CATL is negotiating to acquire the bankrupt European battery company Northvolt...


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CATL

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Contemporary Amperex Technology Co., Limited (CATL) is a global leader in new energy technology innovation, specializing in the development of lithium-ion batteries for electric vehicles and energy storage systems. Founded in 2011 and headquartered in Ningde, China, CATL has established a significant presence worldwide with multiple manufacturing bases and subsidiaries. The company is committed to achieving carbon neutrality in its operations and across the battery value chain by 2035, and it has consistently ranked first in global EV battery market share.


CATL - Latest News and Updates

  • CATL is negotiating to acquire the bankrupt European battery company Northvolt.
  • JAC Motors and CATL have partnered to advance electric vehicle development with innovative and sustainable technologies, aiming to enhance safety, battery life, and global sustainable mobility.
  • On November 25, CATL launched its Tectrans series of EV batteries for heavy trucks, featuring a 500-mile range, 15-year lifespan, and supercharging capability that charges 70% in 15 minutes.
  • CATL announced the Shenxing PLUS charges twice as fast with a 50% power boost across the entire SOC range in low temperatures.
  • CATL denied involvement after being blacklisted by DHS for suspected forced labor links with upstream suppliers.
  • CATL participated in All Energy Australia 2024, showcasing their advancements in the CEE market.
  • CATL is currently seeking a Public Policy Specialist in the United States.
  • European automakers are increasingly dependent on Chinese battery suppliers like CATL and BYD, potentially raising electric vehicle prices in Europe.

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