Company name Contemporary Amperex Advancement Co., Limited. (CATL)
Head Workplace Ningde, Fujian Area, China
Began 2011
Secret people ‘ Robin’ Zeng Yuqun (developer, chairman), Zhou Jia (president)
Products Lithium-ion battery cells for visitor cars and trucks, commercial trucks, as well as likewise power storage room systems; battery recycling choices
Profits Q3 2020– CNY 12.69 bn (up 0.8% contrasted to Q3 2019)
Web profits Q3 2020– CNY 1.19 bn (up 3.9% contrasted to Q3 2019)
Inexpensive setup Number 2 for global market share of EV battery manufacturing. Most significant lithium-ion battery service provider in China. (H1 2020– source: Worldwide X ETFs) 1. LG Power Alternative (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 enough for roughly 1.8 million mid-sized electric cars and trucks assuming they make use of a 60 kWh battery pack. Business has in fact stated that it prepares to enhance its battery producing capacity to around 336 GWh in2023 This is readily available in response to swiftly increasing EV sales both in China in addition to abroad, with service such as Tesla motivating battery vendors to enhance capacity as high as possible. This capacity growth will absolutely be completed with a selection of techniques including creating a new facility in Zhaoqing, Guangdong with an anticipated annual capacity of 25 GWh. The new production center is expected to establish you back roughly CNY 12 bn. In addition, the company will absolutely spend another CNY 12 bn to upgrade its existing production center in Yibin. This plant is expected to broaden its annual production capacity from 15 GWh to around 30 GWh furthermore down the line. Business has in fact furthermore advised opening a second Yibin facility with a similar 30 GWh annual capacity target. Chinese local media is estimating that upgrades to CATL’s existing facilitates will absolutely compose regarding 130 GWh of its ready boosted capacity. Obviously, 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 venture job CATL-FAW joint venture: Created March 2019; JV for improvement, production as well as likewise sale of lithium-ion batteries for electric cars and trucks; 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 based upon FAW’s Hongqi FME EV system along with Chinese-made layouts taking advantage of Volkswagen’s MEB EV system
CATL-Geely joint venture: 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 packages; Starting sources of CNY 1bn; 51% had by CATL, 49% by Geely; Facility in Yibin, Sichuan, China
CATL-SAIC joint venture: Created June 2017; Develop 2 companies: one to develop, produce as well as likewise market lithium-ion batteries, in addition to one focused on battery systems; Really initial stage completed in 2018 with a capability of 18 GWh at a rate 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 enhance its end result to 36 GWh
CATL-GAC joint venture: Created July 2018; Develop 2 companies: one to produce, produce as well as likewise market lithium-ion batteries, as well as likewise one focused on battery systems; Registered financing throughout both firms is CNY 1.1 bn; The battery production facility was expected to participate in production at the end of 2020 yet slow monetary investment magnified by the COVID-19 episode has in fact delayed the awaited start of producing to October 2021; According to documents, simply around 2% of ensured financing has in fact been acquired the JV considering that June 2020
CATL-BAIC joint venture: Collaboration began in between both in 2012, before proceeding to a full supply plan in 2016; Co-developed a ‘cell to lots’ battery cram in 2019 that gets rid of battery elements as well as likewise straight incorporates EV battery cells directly right into the pack to decrease weight as well as likewise improve capacity in addition to range; Cell to lots battery pack is insisted to increase capacity by as long as 20% while decreasing the range of elements needed by 40%
CATL-Dongfeng joint venture: Develop in April 2018 with the really initial 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 parties recovered their devotion to the venture in June 2020 with an agreement to reinforce links in addition to produce added budget friendly EV battery technology; Via 2019 an extra 2 production line were developed for a complete quantity of 3
CATL-Honda joint venture: In July 2020, Honda as well as likewise CATL approved establish a collaboration for the joint development of batteries for electric trucks; Honda got a 1% danger in CATL; Both service have in fact furthermore granted develop a battery recycling company; The really initial Honda with a CATL-built battery pack is expected to launch right into the Chinese market in 2022; This is various from Honda’s agreement in The USA as well as Canada with GM to take advantage of LG Power Solution-designed Ultium battery cells as well as likewise EV component
CATL-Valmet Automotive joint venture: In January 2017, arrangement cars and truck manufacturer Valmet Automotive verified that CATL had in fact taken a 22% danger in business; The JV plans to maintain leading European manufacturers as well as likewise suppliers deliberately EV drivetrain solutions as well as likewise battery loads; The cooperation enhances CATL’s setup in the increasing European electric truck market; In November 2019, production of EV battery tons began at Valmet’s plant in Salo, Finland– this was a previous Nokia production center that made battery aspects for cellphones; This tie-up positions Valmet in a strong positioning ahead to be a Europe-based supplier of complete EV systems including ‘skateboard’ EV systems, battery packs, electric electric motors as well as likewise control tools. These can be marketed on coachbuilders to include their really own unique body formats on the top
Numerous various other supply setups Tesla: CATL is the main cell service provider to Tesla for its Shanghai facility; It offers 2170- kind cells to Tesla for the in your location established Variation 3 cars and truck; CATL cells in Need Range Style 2s take advantage of LFP chemistry (lithium, iron, phosphate) that totally eliminates cobalt– a costly steel that is difficult to ethically source
Volvo/Polestar: In May 2019, Volvo consented a significant supply take care of CATL as well as likewise LG Chem for cells to be used in its new Polestar EV range; Deal ensures Volvo in addition to Polestar will absolutely have cell supply for at least ten years
Daimler: CATL has in fact granted give Daimler with its cell to pack battery packs as well as likewise both consented in 2020 to widen their cooperation to include battery R&D; Daimler will absolutely be offered with CATL cells developed at its German facility; Setup covers battery packs for visitor cars along with Mercedes vans; A various plan in September 2019 was accredited in between CATL as well as likewise Daimler Trucks in addition to Buses; This will absolutely see CATL-built battery elements established right into battery tons at Daimler Lorry focuses including Mannheim, Germany as well as likewise Detroit, U.S.A.
BMW: The German cars and truck maker accredited a very first supply take care of CATL for EUR 4bn well worth of cells for future electric layouts; In November 2019, BMW verified that it would absolutely improve this order to EUR 7.3 bn via in between 2020 as well as likewise 2031; Of that quantity, EUR 2.8 bn will absolutely be used in Brilliance-BMW variations created in China, with the remainder taken advantage of in BMW-branded variations established outside China
Toyota: In July 2019, Toyota in addition to CATL verified that they would absolutely develop a supply prepare for lithium-ion cells for EVs; Toyota has in fact furthermore partnered with China’s BYD for much more cell supply; The CATL cooperation offsets Toyota’s member of the family lack of capability in addition to producing capacity in the lithium-ion location, having in fact invested a whole lot in its nickel-metal-hydride batteries taken advantage of completely in its crossbreed trucks
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