Service name Contemporary Amperex Technology Co., Limited. (CATL)
Head Workplace Ningde, Fujian Area, China
Began 2011
Method people ‘ Robin’ Zeng Yuqun (proprietor, chairman), Zhou Jia (president)
Products Lithium-ion battery cells for vacationer autos, commercial trucks, along with power storage room systems; battery recycling alternatives
Revenues Q3 2020– CNY 12.69 bn (up 0.8% contrasted to Q3 2019)
Net profits Q3 2020– CNY 1.19 bn (up 3.9% contrasted to Q3 2019)
Economical positioning Number 2 for worldwide market share of EV battery manufacturing. Greatest lithium-ion battery supplier in China. (H1 2020– source: Worldwide X ETFs) 1. LG Power Solution (265%) 2. CATL (258%) 3. Panasonic (206%) 4. Samsung SDI (6.8%) 5. BYD (6.2%)
R&D centers 4 r & d centers: – Ningde, Fujian, China – Liyang, Jiangsu, China – Shanghai, China – Munich, Germany
Production bases 6 production bases: – Ningde, Fujian, China – Xining, Qinghai, China – Liyang, Jiangsu, China – Yibin, Sichuan, China – Zhaoqing, Guangdong, China – Erfurt, Germany
Production capacity CATL’s existing production capacity stands at 109 GWh for2020 That is sufficient for concerning 1.8 million mid-sized electric trucks assuming they make use of a 60 kWh battery pack. The company has in fact defined that it prepares to raise its battery producing capacity to around 336 GWh in2023 This is offered in comments to promptly broadening EV sales both in China as well as additionally abroad, with companies such as Tesla triggering battery manufacturers to raise capacity as long as practical. This capacity advancement will absolutely be achieved using a selection of methods containing building a new facility in Zhaoqing, Guangdong with an anticipated annual capacity of 25 GWh. The new production center is prepared for to establish you back concerning CNY 12 bn. The company will absolutely spend one even more CNY 12 bn to upgrade its existing production center in Yibin. This plant is prepared for to broaden its annual production capacity from 15 GWh to around 30 GWh much better down the line. The company has in fact furthermore advised opening a second Yibin facility with an equivalent 30 GWh annual capacity target. Chinese local media is estimating that upgrades to CATL’s existing facilitates will absolutely stand for concerning 130 GWh of its ready enhanced capacity. Allegedly, those gains harm down as a 60 GWh increase in its Ningde base, a 40 GWh increase in Jiangsu, as well as additionally a 30 GWh dive many thanks to the Yibin.
Joint venture job CATL-FAW joint venture: Established March 2019; JV for development, producing along with sale of lithium-ion batteries for electric trucks; Starting sources of CNY 2bn; 51% had by CATL, 49% by FAW; Facility in Ningde, Fujian, China; Began production of cells in September 2020; Products cells for cars and trucks based upon FAW’s Hongqi FME EV system along with Chinese-made layouts using Volkswagen’s MEB EV system
CATL-Geely joint venture: Established December 2018; Called CATL Geely Power Battery; JV for producing along with sale of lithium-ion battery cells, parts along with strategies; Starting financing of CNY 1bn; 51% had by CATL, 49% by Geely; Facility in Yibin, Sichuan, China
CATL-SAIC joint venture: Established June 2017; Develop 2 company: one to develop, develop along with market lithium-ion batteries, along with one focused on battery systems; Preliminary phase completed in 2018 with an ability of 18 GWh at a cost of CNY 10 bn; JV presented in February 2021 that it would absolutely spend an even more CNY 10.5 bn on the facility to raise its outcome to 36 GWh
CATL-GAC joint venture: Established July 2018; Develop 2 company: one to develop, produce along with deal lithium-ion batteries, along with one focused on battery systems; Registered sources throughout both companies is CNY 1.1 bn; The battery production facility was prepared for to become part of production at the end of 2020 yet slow-moving monetary investment aggravated by the COVID-19 episode has in fact held off the anticipated start of producing to October 2021; According to documents, simply around 2% of ensured financing has in fact been acquired the JV given that June 2020
CATL-BAIC joint venture: Link began in between both in 2012, before advancing to a full supply agreement in 2016; Co-developed a ‘cell to tons’ battery cram in 2019 that eliminates battery parts as well as additionally straight incorporates EV battery cells directly right into the pack to reduce weight as well as additionally increase capacity along with range; Cell to tons battery pack is stated to boost capacity by around 20% while lessening the selection of parts called for by 40%
CATL-Dongfeng joint venture: Develop in April 2018 with the preliminary of 3 production line going remain in July 2018; JV is 50/50 had by the 2 occasions; JV is based in Wuhan, China; Both parties recovered their devotion to the venture in June 2020 with a plan to expand links along with develop a whole lot even more cost effective EV battery development; With 2019 an extra 2 production line were developed for an overall of 3
CATL-Honda joint venture: In July 2020, Honda as well as additionally CATL granted develop a collaboration for the joint development of batteries for electric cars and trucks; Honda acquired a 1% threat in CATL; Both company have in fact furthermore approved develop a battery recycling solution; The really initial Honda with a CATL-built battery pack is prepared for to present right into the Chinese market in 2022; This is various from Honda’s setup in The USA and also Canada with GM to make use of LG Power Solution-designed Ultium battery cells as well as additionally EV component
CATL-Valmet Automotive joint venture: In January 2017, arrangement vehicle manufacturer Valmet Automotive confirmed that CATL had in fact taken a 22% threat in the company; The JV plans to maintain leading European providers along with suppliers deliberately EV drivetrain treatments as well as additionally battery loads; The partnership strengthens CATL’s positioning in the broadening European electric car market; In November 2019, production of EV battery lots began at Valmet’s plant in Salo, Finland– this was a previous Nokia production center that created battery components for cellular phones; This tie-up positions Valmet in a strong setup to wind up being a Europe-based supplier of overall EV systems containing ‘skateboard’ EV systems, battery packs, electric electric motors as well as additionally control tools. These can be marketed on coachbuilders to include their really own unique body designs on the top
Different various other supply agreements Tesla: CATL is the main cell supplier to Tesla for its Shanghai facility; It offers 2170- kind cells to Tesla for the in your location created Style 3 vehicle; CATL cells in Standard Range Style 2s make use of LFP chemistry (lithium, iron, phosphate) that totally gets rid of cobalt– an expensive steel that’s tough to relatively source
Volvo/Polestar: In May 2019, Volvo consented a substantial supply handle CATL along with LG Chem for cells to be used in its new Polestar EV selection; Deal makes certain Volvo along with Polestar will absolutely have cell supply for at least ten years
Daimler: CATL has in fact approved supply Daimler with its cell to tons battery loads along with both consented in 2020 to expand their partnership to contain battery R&D; Daimler will absolutely be offered with CATL cells produced at its German facility; Agreement covers battery packs for visitor trucks along with Mercedes vans; A various setup in September 2019 was licensed in between CATL as well as additionally Daimler Trucks along with Buses; This will absolutely see CATL-built battery parts created right into battery lots at Daimler Lorry focuses containing Mannheim, Germany as well as additionally Detroit, U.S.A.
BMW: The German vehicle supplier licensed an initial supply deal with CATL for EUR 4bn well worth of cells for future electric variations; In November 2019, BMW confirmed that it would absolutely increase this order to EUR 7.3 bn with in between 2020 as well as additionally 2031; Of that quantity, EUR 2.8 bn will absolutely be used in Brilliance-BMW variations incorporated in China, with the remainder made use of in BMW-branded variations created outside China
Toyota: In July 2019, Toyota along with CATL confirmed that they would absolutely develop a supply prepare for lithium-ion cells for EVs; Toyota has in fact also partnered with China’s BYD for a lot more cell supply; The CATL partnership offsets Toyota’s relative lack of experience as well as additionally producing capacity in the lithium-ion location, having in fact invested a whole lot in its nickel-metal-hydride batteries used extensively in its crossbreed autos
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