CATL

Ford Motor Company (NYSE: F) announced on Thursday plans to source battery capacity and raw materials en route to its electric vehicle production goal of a 600,000 annual rate by 2023 and 2 million by 2026. What Happened: As part of the plan, Ford said it will tap heavily into Tesla, Inc...

Tesla, Inc.'s (NASDAQ: TSLA) battery supplier Contemporary Ameprex Technology Co. Ltd. (CATL) has set its sights on constructing a manufacturing plant in Mexico at a project cost of $5 billion, Bloomberg reported on Monday. What Happened: The Chinese company is considering two locations...

Tesla Inc (NASDAQ: TSLA) China supplier CATL has shipped electric vehicle batteries to South Korea’s Kia Corp, a subsidiary of Hyundai Motor Company, Reuters reported on Thursday, citing the companies. The move marks the first instance when Kia is using a non-Korean battery supplier...

Warren Buffett-backed BYD Co (OTC: BYDDY) will begin mass supplying batteries for Tesla Inc’s (NASDAQ: TSLA) Model Y as early as next year, CnEVpost reported on Tuesday, citing local media. What Happened: The development follows a confirmation...

Tesla, Inc. (NASDAQ: TSLA) battery supplier CATL is reportedly considering setting up manufacturing plants in the United States. What Happened: Ningde, China-based CATL is in the final stages of evaluating sites for constructing battery manufacturing plants in the U.S.,...

Contemporary Amperex Technology Co, Ltd’s (CATL) shares plunged 12% in early trading on Thursday on the Shenzhen Stock Exchange, CnEVpost reported on Thursday. What Happened: CATL, which supplies batteries to Tesla Inc (NASDAQ: TSLA) and Xpeng Inc (NYSE:...

Tesla Inc (NASDAQ: TSLA) and Nio Inc (NYSE: NIO) battery supplier Contemporary Amperex Technology Co., Ltd (CATL) installed 10.81 GWh of power batteries in China in March, grabbing 50.49% market share, CnEVpost reported on Tuesday, citing China...

China’s key battery supplier Contemporary Amperex Technology (CATL) said on Wednesday it has secured the second partial approval for the commissioning of a new plant for battery cell production in Thuringia, Germany. What Happened: This is CATL's first manufacturing plant outside of China...

Ratings agency Fitch said on Monday Tesla Inc’s (NASDAQ: TSLA) expansion of its supercharging network could imply stiff competition for its battery supplier CATL, which has been betting on its battery-swapping service. What Happened: Elon Musk-led Tesla, Xpeng Inc (NYSE: XPEV) and Volkswagen...

At least five electric vehicle battery startups would be acquired in 2022 by larger companies, a year that could also see energy storage startups raise $5 billion in private investments, according to the latest report by BatteryBits, put together by a team of 40 experts from 34 organizations...

Tesla Inc (NASDAQ: TSLA) and Nio Inc (NYSE: NIO) battery-supplier CATL grabbed more than half of China’s power battery market in November, cnEVpost reported, citing the China Automotive Battery Innovation Alliance. What Happened: China’s largest battery supplier extended its lead to 55...

Ford Motor Co (NYSE: F) said on Tuesday it has signed up China’s largest battery maker CATL as a supplier, months after revealing a multi-billion plan to build battery plants with South Korean battery partner SK Innovation. What Happened: The Dearborn, Michigan-based automaker told Benzinga...

Tesla, Inc. (NASDAQ: TSLA) battery supplier Contemporary Amperex Technology Co., Ltd, popularly known as CATL, has quietly risen through the ranks, thanks to the burgeoning demand for EV batteries to power green energy vehicles. CATL Climbs to Second Spot: Shares of CATL, which are listed on the...

China’s Contemporary Amperex Technology Co. Ltd. or CATL, a battery supplier to Tesla Inc. (NASDAQ: TSLA) and Nio Inc. (NYSE: NIO), will build a lithium battery production site in eastern China for an investment of up to RMB 13.5 billion ($2.1 billion), cnEVpost reported Monday. What Happened...

China’s Contemporary Amperex Technology Co. Limited or CATL, a battery supplier to Tesla Inc. (NASDAQ: TSLA) and Nio Inc. (NYSE: NIO), is exploring acquiring a nearly 10% stake in Chinese miner Jinchuan Group International Resources Co., Bloomberg reported Wednesday. What Happened: CATL could...