CATL to Build Europe’s Biggest EV Battery Plant for $7.6 Billion

The world’s largest battery manufacturer has made yet another new factory announcement this week, set to begin building its second European factory upon approval. China-based manufacturer Contemporary Amperex Technology Co. Ltd. (CATL) announced plans to invest 7.34 billion euros ($7.69 billion USD) into a 100 Gigawatt-hour battery plant in Hungary, as detailed in a Friday […]

Ford to Buy CATL LFP Batteries for Mustang Mach-E

Electric vehicles (EVs) are growing in popularity, and with the world heavily in need of batteries to keep up with demand, some companies are teaming up to help produce and receive more batteries. Ford and CATL announced plans for a Global Strategic Cooperation, to help increase battery supply to markets in North America, Europe and […]

Tesla Battery Supplier CATL Seeks Site for Mexico Plant: Report

China-based Contemporary Amperex Technology Co. (CATL) is expanding its reach with its electric vehicle (EV) battery production plans, with another new North American plant set to be built. CATL is evaluating at least two sites for a potential EV battery plant in Mexico, according to sources who asked not to be identified in a report […]

CATL Launches Fast-Charging ‘Qilin’ EV Battery Packs

The world’s largest producer of battery cells, Contemporary Amperex Technology Co. Ltd (CATL), has just unveiled a new battery pack technology featuring a higher integration level. CATL launched its “Qilin” battery this week, a next-generation cell-to-pack technology that can easily offer a range of over 1,000 km (621 miles), according to a press release shared […]

CATL to Supply BMW with EV Battery Cells Starting in 2025

Chinese electric vehicle (EV) battery manufacturer CATL plans to partner with another automaker, with a new contract set to begin in just a few years. CATL said on Friday that it will supply BMW with cylindrical battery cells to support its new EV lineup, starting in 2025, according to a report from Reuters. This marks […]

Tesla Supplier CATL Sees Shares Drop After Earnings Loss

Contemporary Amperex Technology Co. (CATL), one of the world’s largest manufacturers of batteries for electric vehicles (EVs), saw shares plunge after posting its quarterly earnings. CATL shares dropped off by 10.8 percent on Thursday after reporting its largest drop in quarterly earnings yet, according to Bloomberg. CATL’s net income dropped 24 percent to 1.49 billion […]

Tesla Battery Supplier CATL Seeking $5 Billion Plant in North America: Report

Tesla battery supplier, China’s Contemporary Amperex Technology Co. Ltd., is apparently looking at sites in North America for a $5 billion factory, reports Bloomberg, citing unnamed sources. The CATL battery factory is seeking to make “as much as 80 gigawatt-hours of batteries a year,” say sources and would create 10,000 jobs. Company executives from China […]

Here’s CATL’s New Battery Swap Station in China

After reports held that China-based Tesla Supplier CATL would be launching a battery swap platform earlier this month, the company’s first station has officially been spotted. CATL revealed its first battery swap station in China on Tuesday, located in Xiamen, Fujian, after being built more than a month ago, according to Cailian (via CNEVPost). The […]

Tesla Supplier CATL to Launch Battery Swap Platform in China

Chinese electric vehicle (EV) battery giant CATL on Friday announced the impending launch of its own battery swap platform in China, called EVOGO — reports CnEVPost. According to the company’s official WeChat account, a launch event for the EVOGO brand will take place on Tuesday, January 18. CATL is yet to provide any more information […]

Apple’s Talks with Chinese EV Battery Makers Have Stalled: Report

After reports came out last month saying that Apple may develop its autonomous vehicle alone, despite still being on the lookout for suppliers, a new update shows that talks with two large companies in China may be on the fence. Apple’s electric vehicle (EV) talks with China-based CATL and BYD have largely been put on […]