China’s Contemporary Amperex Technology Co. Ltd. (CATL) is working on pioneering faster charging batteries specifically for Tesla, as the latter seeks to maintain its competitive edge in the market and introduce an affordable electric vehicle priced under $25,000, as reported by Bloomberg. “There’s always room for cost reduction depending on what the $25,000 car’s aim […]
Summary: CATL unveils condensed battery technology with 500 Wh/kg energy density, revolutionizing electric aviation and automotive industries. The innovative battery employs biomimetic condensed state electrolytes and other advanced materials for enhanced performance and safety. CATL collaborates with partners to develop electric passenger aircrafts and plans to mass-produce automotive-grade condensed batteries within the year. Tesla supplier […]
Discussions with the White House involve potential Texas location and Inflation Reduction Act regulations. Tesla is reportedly exploring the possibility of constructing a battery plant in the United States, in collaboration with China’s leading electric vehicle battery manufacturer, Contemporary Amperex Technology Co. Ltd. (CATL). According to unnamed sources cited by Bloomberg, Tesla recently discussed these […]
China’s leading battery manufacturer, Contemporary Amperex Technology Co., Limited (CATL), announced plans to begin mass production and delivery of its groundbreaking M3P batteries this year, reports Reuters. According to CATL Chairman Zeng Yuqun, M3P batteries will offer superior energy density and performance compared to lithium-ion phosphate batteries, while also being more cost-effective than nickel and […]
Ford announced on Monday it will be investing $3.5 billion to build a lithium iron phosphate (LFP) battery plant in Marshall, Michigan, confirming previous reports last week. The new plant will be called BlueOval Battery Park Michigan. The automaker says production should begin by 2026 and create 2,600 jobs. Ford says it is the first […]
Contemporary Amperex Technology Limited (CATL) has begun developing electric vehicle (EV) batteries at its first plant beyond China, and right on schedule. CATL started producing lithium-ion EV batteries at its new plant in Germany’s Erfurt, Thuringia, according to a press release shared on Wednesday. The factory’s first batch of battery cells rolled off the production […]
Contemporary Amperex Technology Co. Ltd (CATL) signed a Memorandum of Understanding (MOU) with VinFast Trading & Manufacturing Joint Stock Company to cooperate on expanding collaboration on intelligent electric chassis products, as announced on Monday. The CATL Integrated Intelligent Chassis (CIIC) is a group of skateboard chassis designs integrating battery cells, electric motors and other electronics […]
The world’s largest battery supplier is set to supply a new battery configuration to Tesla’s flagship sedan, which could even make the electric vehicles (EVs) more affordable. Tesla is planning to launch a China-built Model 3 unit using CATL’s M3P batteries, according to two sources familiar with the matter who reported to Sina Tech (via CnEVPost). […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 Contemporary Amperex Technology (CATL) is doubling down on electric vehicle (EV) battery production with wind under its sails from a recent approval to build a factory in Germany. CATL gained approval to move forward with building battery cells at its EV battery factory in Thuringia, Germany, as the first push in a […]
