CATL(宁德时代)
Fast facts
- Year Founded
- 2011
Source: CATL Websitewww.catl.com/ebout/profile/
- HQ Location
- Ningde, Fujian, China
- Publicly Traded?
- Yes
Source: Shenzhen Stock Exchange Websitewww.szse.cboutus/trends/news/t20180611_539239.html
- Overseas Operations
- Yes
CATL has a Research & Development center and production base in Germany along with a BMW partnership, as well as wholly or partially-owned subsidiaries in France, Japan, and the US.Source: CATL Websitewww.catl.com/ebout/profile/
- US Sanctions
- No
- Military Affiliation in China
- No
Revenue
Source: CATL 2020 Annual Reportwww.catl.com/uploads/1/file/public/202104/20210430094928_4n1av8qek4.pdf
Valuation
Valuation is reported as market capitalization. It was converted from RMB using the exchange rate from June 26, 2022 13:49:23.Source: Yahoo Financefinance.yahoo.com/quote/300750.SZ/key-statistics
Employees
Source: CATL 2020 Annual Reportwww.catl.com/uploads/1/file/public/202104/20210430094928_4n1av8qek4.pdf
Contemporary Amperex Technology Limited (CATL), or Ningde Shidai 宁德时代 is a Chinese battery maker and the world’s largest manufacturer of lithium-ion batteries for electric vehicles. It is currently a supplier for Tesla’s EVs and also has partnerships with other leading car brands such as Honda, Hyundai, BMW, Daimler, Toyota, Volkswagen, and Volvo. In China, CATL has a number of partnerships as well, including with leading brands like Geely and BAIC. Additionally, CATL is reportedly in talks with Apple to construct an EV battery factory for Apple’s planned EV.
Headquartered in Ningde, Fujian, it was listed in Shenzhen in 2018 and has a R&D center and base in Germany and subsidiaries in Japan, France, and the U.S. Although CATL was established only in 2011, the founding team has been involved in the lithium-ion battery business since 1999 under the company ATL.
-
- Name
- Ownership
-
- Ningbo Meishan Free Trade Port Ruiting Investment
Source: Qichachawww.qcc.com/firm/15e925fd3c101cc4a152bcc89a90da9b.html
- 24.54%
- Ningbo Meishan Free Trade Port Ruiting Investment
-
- Huáng Shìlín
Source: Qichachawww.qcc.com/firm/15e925fd3c101cc4a152bcc89a90da9b.html
- 11.20%
- Huáng Shìlín
-
- Hong Kong Securities Clearing Company Limited (HKSCC)
Source: Qichachawww.qcc.com/firm/15e925fd3c101cc4a152bcc89a90da9b.html
- 7.16%
- Hong Kong Securities Clearing Company Limited (HKSCC)
-
- Ningbo Joint Innovation of New Energy Investment Management Partnership
Source: Qichachawww.qcc.com/firm/15e925fd3c101cc4a152bcc89a90da9b.html
- 6.78%
- Ningbo Joint Innovation of New Energy Investment Management Partnership
-
- Lǐ Píng
Source: Qichachawww.qcc.com/firm/15e925fd3c101cc4a152bcc89a90da9b.html
- 4.81%
- Lǐ Píng
-
- Shenzhen Merchants Bank No. Three Equity Investment Partnership
Source: Qichachawww.qcc.com/firm/15e925fd3c101cc4a152bcc89a90da9b.html
- 1.99%
- Shenzhen Merchants Bank No. Three Equity Investment Partnership
-
- Hubei Yangtze River Zhaoyin Power Investment Partnership
Source: Qichachawww.qcc.com/firm/15e925fd3c101cc4a152bcc89a90da9b.html
- 1.84%
- Hubei Yangtze River Zhaoyin Power Investment Partnership
-
- Hillhouse Capital Management (China Value Fund)
Source: Qichachawww.qcc.com/firm/15e925fd3c101cc4a152bcc89a90da9b.html
- 1.83%
- Hillhouse Capital Management (China Value Fund)
-
- Tibet Hongshang Capital Investment
Source: Qichachawww.qcc.com/firm/15e925fd3c101cc4a152bcc89a90da9b.html
- 1.69%
- Tibet Hongshang Capital Investment
-
- Ningbo Meishan Free Trade Port Borui Ronghe Investment Partnership
Source: Qichachawww.qcc.com/firm/15e925fd3c101cc4a152bcc89a90da9b.html
- 1.38%
- Ningbo Meishan Free Trade Port Borui Ronghe Investment Partnership
- Zeng Liuqun (曾毓群), Chairman
- Li Ping (李平), Vice Chairman
- Huang Shilin (黄世霖), Vice Chairman and Deputy General Manager
- Pan Jian (潘健), Vice Chairman
- Zhou Jia (周佳), Director and General Manager
- Wang Hongbo (王红波), Director
- Xue Zuyun (薛祖云), Independent Director
- Hong Bo (洪波), Independent Director
- Cai Xiuling (蔡秀玲), Independent Director
- Wu Yingming (吴映明), Chairman of the Board of Supervisors
- Wang Siye (王思业), Supervisor
- Feng Chunyan (冯春艳), Employee Representative, Supervisor
- Tan Libin (谭立斌), Deputy General Manager
- Wu Kai (吴凯), Deputy General Manager
- Jiang Li (蒋理), Deputy General Manager and Board Secretary
- Zheng Shu (郑舒), Chief Financial Officer
Source: CATL 2020 Annual Reportwww.catl.com/uploads/1/file/public/202104/20210430094928_4n1av8qek4.pdf
CATL has a Research & Development center and production base in Germany along with a BMW partnership, as well as wholly or partially-owned subsidiaries in France, Japan, and the US.
Source: CATL Websitewww.catl.com/ebout/profile/
CATL Sanctions
While at this time it appears that this company is not the subject of any U.S. or other global sanctions, it is important to note that Chinese companies tend to have more opaque organizational structures than their Western peers. Chinese companies' affiliated brands, operating units, and overseas subsidiaries are not always obvious or even identifiable. Given this, a Chinese company may not be the subject of sanctions, but one of its subsidiaries may be, thus making it difficult to accurately ascertain a company's full sanctions status.
CATL Reputational Disclosures
CATL’s factories had two explosions within one month, according to Chinese local media.
Source: China Business Network/Yicai (第一财经)www.yicai.com/news/100922123.html
The latest news on CATL from SupChina
CATL’s new battery is a leap forward but also a precursor of something radical to come
The Qilin 3.0 represents the latest evolution of a lithium battery, but CATL’s chairperson has been teasing a revolutionary new battery that is coming soon.
The battle for lithium: A Chinese mine just sold for 596 times the opening price
A lithium mine has just sold at auction for 2 billion yuan as electric car companies and their suppliers battle for a key component of batteries.
Car sales tanked last month, but CATL and BYD can’t get enough lithium
CATL and BYD are dominant players in China’s electric vehicle and battery industries, but their success depends on careful supply chain management and continued access to lithium, most of which does not come from China.
Faced with CATL battery dominance, U.S. trade experts mull a China-like tech transfer
Battery giant CATL is looking to expand in the United States. Washington might grant approval — on the condition that CATL shares its tech.
Why China’s electric vehicles are all over Europe
From toys and t-shirts to cars and computers, China is nearing the top of the global value pyramid. Now China’s electric cars are giving premium European brands a run for their money.
Battery prices are rising: Will EVs get pricier?
A story from the SupChina A.M. newsletter. Sign up for free here.
All the electric car companies in China — a guide to the 46 top players in the Chinese EV industry
Updated December 1: Electric vehicles, smart systems to drive them, and advanced batteries to power them are attracting enormous sums of capital and China’s best engineering talent. These are the companies that are fighting for one of the most lucrative markets in the world. Many of them will be global EV players.
China is becoming the world’s battery factory
Computers, phones, cars, ships, and even planes: batteries are essential for the technologies of tomorrow, and China looks set to dominate the industry from mining to manufacturing.
Electric vehicles could comprise almost all new car sales in China by 2035
China’s state planners want the country’s auto industry to go all electric as soon as possible. If their current thinking works out, about half of all passenger cars will be powered by batteries or other non-fossil-fuel technologies within 15 years.
Foreign automakers not named GM gear up for EV production in China – China’s latest business and technology news
A summary of the top news in Chinese business and technology for September 15, 2017. Part of the daily SupChina newsletter, a convenient package of China’s business, political, and cultural news delivered to your inbox for free. Subscribe here.
The latest news on CATL from across the web
Battery Giant CATL Denies Plan to Manufacture Vehicles
Through an interactive platform on Monday, Chinese battery giant Contemporary Amperex Technology Co., Limited (CATL) officially announced that it would not explore vehicle R&D and would not consider car manufacturing.
Chairman Robin Zeng: CATL Is Developing Condensed Matter Batteries
Robin Zeng, Chairman of Chinese battery giant CATL, revealed that in addition to all-solid-state batteries and semi-solid-state batteries, previously unheard-of condensed matter batteries are now under development at CATL.
宁德时代回应涨价传闻：不予置评|界面新闻 · 快讯
CATL, China’s largest battery maker, declined to comment on recent reports claiming that the company has hiked the price of its batteries twice since the second half of last year.
Great Wall-backed Svolt secures $942 million Series B+ · TechNode
Chinese electric vehicle battery maker Svolt took home 6 billion yuan ($942 million) in its Series B+. Backed by Great Wall Motors, the battery supplier aims to have a design capacity of 600 gigawatt-hours by 2025, which would match up to market leader CATL’s.
福特中国确认宁德时代为动力电池供应商
Ford China has confirmed that CATL will be its main battery supplier for electric vehicles.
EV battery maker CATL is learning Xi-era lessons: The company donated 2 million shares (0.09% of its available shares) to the Shanghai Jiaotong University Education Development Foundation.
宁德时代与哪吒汽车开启全面战略合作，将参与其D2轮融资
CATL doubles down on EV investments: The battery giant is growing its downstream portfolio, and has invested in two electric vehicle companies in four days. After becoming Chang’an Automobile’s second-largest shareholder, today it announced a strategic partnership with Neta Automobile, per Sina.
Changan’s Avatar adds CATL as new investor, NIO’s stake reduced
After a new investment round, Avatar Technology’s second-largest shareholder is CATL. Avatar is an EV company founded in 2018 that spun off from a joint venture between Chang’an Automobile and NIO.
EV Battery Maker CATL Close to Overtaking ICBC as 2nd Biggest Stock in China
China’s stock-market darling Contemporary Amperex Technology is close to overtaking a state-owned lender to become the nation’s second-largest listed company.
Hurun Report - Info - HENGCHANGSHAOFANG·Hurun China Rich List 2021
Bottled water billionaire: Zhōng Shǎnshǎn 钟睒睒, founder of the Nongfu Spring beverage company, is China’s wealthiest man. Other insights from Hurun’s Rich List: real estate fortunes have collapsed, while green energy bosses — like CATL’s chairman — are swimming in cash.
EXCLUSIVE Apple's talks with Chinese battery makers CATL and BYD mostly stalled -sources
Apple Inc's talks with China's CATL and BYD over battery supplies for its planned electric vehicle have been mostly stalled after they refused to set up teams and build U.S. plants that would solely cater to the tech giant, three people with knowledge of the discussions said.
Commercial EV startup ELMS signs battery supply deal with CATL
U.S. commercial electric vehicle maker Electric Last Mile Solutions Inc (ELMS) on Thursday said it has signed a battery supply deal with China's Contemporary Amperex Technology Co Ltd (CATL) .
Senior executive at battery giant CATL on power storage, lithium, etc.
Batteries included: In a speech from last month’s Tsinghua University forum on carbon neutrality, an executive at battery behemoth CATL explained how his company is dominating tomorrow’s energy grids (translation by Pekingnology).
EV battery maker CATL plans $5-billion China recycling facility
Contemporary Amperex Technology Co Ltd plans to build a battery material recycling facility in the central Chinese province of Hubei with an investment of up to 32 billion yuan ($4.96 billion), the electric-vehicle battery maker said on Tuesday.
Battery Giant CATL Invests $2 Billion to Boost Lithium-Ion Product Output
New factory will be built in cooperation with the city of Yichun in mineral-rich Jiangxi province
China roundup: Tesla supplier CATL to buy Canada’s Millennial Lithium
Hello and welcome back to TechCrunch’s China roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. China’s anti-competition tech crackdown continues to redefine the dynamics among the country’s internet giants, leading to collaboration between Alibaba and Tencent in the payments race. In […]
China's CATL to buy Canadian miner for EV battery parts
Battery maker buys Millennial Lithium, after African deal earlier this week
Ganfeng Lithium Is Said to Weigh Dropping Pursuit of Millennial
China’s Ganfeng Lithium Co. is unlikely to match a competing offer for Millennial Lithium Corp., according to people familiar with the matter.
China's CATL invests $2bn in plant for new lithium battery
World's largest producer on pace to quintuple total capacity
CATL goes all in on next-gen sodium-ion EV batteries
Chinese company looks to industrialize alternative to lithium-ion cells in 2023
Tesla Battery Supplier CATL Plans $9 Billion Share Sale to Boost Capacity
Contemporary Amperex Technology said it expects to raise the money via a share placement to large investors.
Battery Maker CATL Tops 1 Trillion Yuan in Market Cap
EV boom drives surge to $157 billion on Shenzhen’s ChiNext board though some analysts warn the company is overvalued
In Depth: CATL Loses Electric-Car Battery Crown as Foreign Firms Muscle In
Spark fades for Chinese battery producer as it faces greater overseas participation in its vast home market
Tesla Battery Supplier CATL Rides EV Boom to $200 Billion-Plus Valuation
Shares of CATL have soared this year, turning the Tesla supplier into one of the most valuable companies listed in mainland China.
Richest People Net Worth: Zeng Yuqun Overtakes Jack Ma With $49.5 Billion
Zeng Yuqun, the founder of the world’s biggest electric-vehicle battery maker, has overtaken Jack Ma in the wealth rankings, a symbolic moment in the rise of China’s green billionaires.
EXCLUSIVE Tesla supplier CATL plans a major battery plant in Shanghai -sources
China's CATL (300750.SZ) is planning a major new automotive battery plant in Shanghai, continuing a blistering pace of expansion that will cement its lead as the world's No.1 supplier, two people with knowledge of the matter said.
Founder of Tesla supplier CATL topples Li Ka-shing as Hong Kong’s richest man
Robin Zeng Yuqun, the founder of Contemporary Amperex Technology, has overtaken Li Ka-shing as the wealthiest person in Hong Kong, according to Forbes’s real-time billionaires’ rankings.
EV-battery giant CATL to boost capacity with $4.5bn investment
China's global champion in the field doubles down on growth
China’s SVolt Joins Europe’s EV Race With $2.4 Billion Factory
China’s SVolt Energy Technology Co. plans to invest about 2 billion euros ($2.4 billion) in Germany to build its first factory in Europe as the battery maker seeks to benefit from surging electric-car demand in the region.
Tesla’s Shift To Cobalt-Free Batteries Is Its Most Important Move Yet
Lithium-ion batteries make up a signficant proportion of the cost of electric vehicles, but Tesla's use of new cobalt-free technology could reduce prices considerably, potentially shifting the market rapidly towards EVs.
Exclusive: Tesla in talks to use CATL's cobalt-free batteries in China-made cars - sources
Tesla is in advanced stages of talks to use batteries from CATL that contain no cobalt - one of the most expensive metals in electric vehicle (EV) batteries - in cars made at its China plant, people familiar with the matter said.
Battery Giants Hit By Slump in China’s Electric Vehicle Market
CATL and BYD Co. saw sharp declines in sales of electrified-vehicle batteries in September as demand weakened in China, where the government is cutting subsidies in the EV sector.
China Battery Giant Shrugs Off Headwinds With $1.4 Billion Plan
China’s top maker of electric-vehicle batteries plans to spend 10 billion yuan ($1.4 billion) building its first factory in the southwest of the country, adding to ambitious plans for next decade even as the short-term EV outlook get buffeted by subsidy cuts and demand uncertainties.
Tesla Said to Agree to Buy Batteries From LG for China Factory
Tesla Inc. agreed to buy batteries from South Korea’s LG Chem Ltd. to be used in electric vehicles produced out in China, according to people familiar with the matter.
Europe is beating the US in the battery race—with China’s help
It's remarkable how easily the US has thrown away its lead on a technology that the 21st century desperately needs.
Tesla Is Said to Mull Battery Supply Deal With China's CATL
Tesla Inc. is in talks with top Chinese battery producer Contemporary Amperex Technology Co. Ltd. about supplying cells for the Model 3 cars it will assemble at a new factory near Shanghai, people familiar with the matter said. CATL’s stock jumped.
China's CATL to build its first European EV battery factory in Germany
Chinese battery maker Contemporary Amperex Technology Ltd (CATL) will build its first production site in Europe in Germany, agreeing a major contract with BMW to supply lithium-ion batteries.
BMW signs battery order with China's CATL
BMW has awarded a contract worth just over a billion euros ($1.16 billion) to China's lithium battery maker Contemporary Amperex Technology Ltd (CATL) , the German carmaker said on Thursday.