Company 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 trucks, company cars, along with power storage area systems; battery recycling treatments
Earnings Q3 2020– CNY 12.69 bn (up 0.8% contrasted to Q3 2019)
Net incomes Q3 2020– CNY 1.19 bn (up 3.9% contrasted to Q3 2019)
Economical setup 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 capability CATL’s existing production capability stands at 109 GWh for2020 That is sufficient for regarding 1.8 million mid-sized electric cars and trucks assuming they use a 60 kWh battery pack. Business has really discussed that it intends to raise its battery production capability to around 336 GWh in2023 This is readily available at work to promptly increasing EV sales both in China along with abroad, with companies such as Tesla recommending battery distributors to raise capacity as long as practical. This capability advancement will absolutely be achieved through a range of methods including 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 roughly CNY 12 bn. The company will absolutely spend an extra 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 far better down the line. The company has really similarly suggested opening a second Yibin facility with a similar 30 GWh annual capability target. Chinese area media is estimating that upgrades to CATL’s existing facilitates will absolutely comprise regarding 130 GWh of its designated enhanced capability. Allegedly, those gains harm down as a 60 GWh surge in its Ningde base, a 40 GWh surge in Jiangsu, as well as a 30 GWh dive many thanks to the Yibin.
Joint undertaking job CATL-FAW joint undertaking: Created March 2019; JV for improvement, making along with sale of lithium-ion batteries for electric cars; Starting financing 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 undertaking: Created December 2018; Called CATL Geely Power Battery; JV for production as well as likewise sale of lithium-ion battery cells, elements as well as likewise intends; Starting financing of CNY 1bn; 51% had by CATL, 49% by Geely; Facility in Yibin, Sichuan, China
CATL-SAIC joint undertaking: Created June 2017; Develop 2 companies: one to develop, produce as well as likewise market lithium-ion batteries, along with one focused on battery systems; Extremely initial stage ended up in 2018 with a capacity of 18 GWh at a cost of CNY 10 bn; JV presented in February 2021 that it would absolutely spend an extra CNY 10.5 bn on the facility to raise its end result to 36 GWh
CATL-GAC joint undertaking: Created July 2018; Develop 2 companies: one to develop, produce as well as likewise market lithium-ion batteries, as well as likewise one focused on battery systems; Registered sources throughout both business is CNY 1.1 bn; The battery production facility was prepared for to participate in production at the end of 2020 nevertheless slow economic investment aggravated by the COVID-19 episode has really delayed the awaited start of making to October 2021; According to documents, simply around 2% of assured financing has really been gotten the JV given that June 2020
CATL-BAIC joint undertaking: Collaboration began in between both in 2012, before advancing to a total supply agreement in 2016; Co-developed a ‘cell to tons’ battery cram in 2019 that gets rid of battery elements along with straight incorporates EV battery cells directly right into the pack to reduced weight along with increase capacity along with range; Cell to tons battery pack is insisted to improve capability by as high as 20% while reducing the selection of elements called for by 40%
CATL-Dongfeng joint undertaking: Develop in April 2018 with the first of 3 production line going stay in July 2018; JV is 50/50 had by the 2 occasions; JV is based in Wuhan, China; Both events recovered their devotion to the undertaking in June 2020 with an agreement to enhance links as well as likewise produce additional budget friendly EV battery technology; With 2019 an extra 2 production line were developed for a complete quantity of 3
CATL-Honda joint undertaking: In July 2020, Honda along with CATL approved create a collaboration for the joint development of batteries for electric cars; Honda obtained a 1% threat in CATL; Both company have really similarly granted develop a battery recycling company; The first Honda with a CATL-built battery pack is prepared for to launch right into the Chinese market in 2022; This is various from Honda’s setup in The USA as well as Canada with GM to make use of LG Power Solution-designed Ultium battery cells along with EV aspect
CATL-Valmet Automotive joint undertaking: In January 2017, contract truck manufacturer Valmet Automotive verified that CATL had really taken a 22% threat in business; The JV plans to maintain popular European manufacturers along with carriers deliberately EV drivetrain choices along with battery packs; The cooperation enhances CATL’s setup in the increasing European electric truck 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 made battery aspects for smart phones; This tie-up positions Valmet in a strong setup ahead to be a Europe-based service provider of complete EV systems including ‘skateboard’ EV systems, battery packs, electric electric motors as well as likewise control tools. These can be used on coachbuilders to include their really own unique body designs in advance
Numerous various other supply agreements Tesla: CATL is the significant cell representative to Tesla for its Shanghai facility; It offers 2170- kind cells to Tesla for the in your location established Style 3 cars and truck; CATL cells in Standard Range Style 2s make use of LFP chemistry (lithium, iron, phosphate) that completely gets rid of cobalt– a pricey steel that’s difficult to ethically source
Volvo/Polestar: In May 2019, Volvo consented a massive supply take care of CATL as well as likewise LG Chem for cells to be made use of in its new Polestar EV selection; Deal assurances Volvo as well as likewise Polestar will absolutely have cell supply for at the minimum ten years
Daimler: CATL has really granted offer Daimler with its cell to pack battery packs as well as likewise both consented in 2020 to expand their cooperation to include battery R&D; Daimler will absolutely be given with CATL cells created at its German facility; Setup covers battery packs for visitor trucks along with Mercedes vans; A various setup in September 2019 was accredited in between CATL as well as likewise Daimler Trucks as well as likewise Buses; This will absolutely see CATL-built battery elements created right into battery lots at Daimler Car focuses including Mannheim, Germany as well as likewise Detroit, UNITED STATES
BMW: The German cars and truck maker accredited an initial supply take care of CATL for EUR 4bn well worth of cells for future electric variations; In November 2019, BMW verified that it would absolutely boost this order to EUR 7.3 bn with in between 2020 along with 2031; Of that quantity, EUR 2.8 bn will absolutely be utilized in Brilliance-BMW layouts incorporated in China, with the remainder utilized in BMW-branded variations established outside China
Toyota: In July 2019, Toyota as well as likewise CATL verified that they would absolutely develop a supply configuration for lithium-ion cells for EVs; Toyota has really similarly partnered with China’s BYD for extra cell supply; The CATL cooperation offsets Toyota’s liked one lack of skills along with making capacity in the lithium-ion location, having really invested a great deal in its nickel-metal-hydride batteries utilized completely in its crossbreed cars
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