Contemporary Amperex Technology Co. Ltd.

Company Overview

Contemporary Amperex Technology Co. Ltd. (CATL) is a Chinese battery manufacturer founded in 2011. The company develops and manufactures SIBs, a next-generation battery for EVs and energy storage systems. CATL is one of the major players in EV batteries and manufactures and develops advanced battery technology for safety, more extended battery service, higher energy density, and super-fast charging. The company generates its revenue from five business units: power battery systems, energy storage battery systems, battery materials and recycling, battery mineral resources, and other businesses. In 2021, CATL successfully launched its first-generation sodium-ion battery (SIB) in the market. The company’s products are used in various applications, such as commercial vehicles, energy storage systems, and passenger vehicles. It operates in Japan, France, Germany and China.

Financial Highlights (FY 2024)

Company's Business Segments

• EV Batteries : This segment offers various battery solutions for multiple applications, including electric vehicles and energy storage systems.
• ESS Batteries : This segment provides various benefits, including increased energy storage capacity, improved performance, and enhanced sustainability.
• Battery Materials and Recycling : This segment offers a comprehensive approach to addressing the lifecycle of battery technology, from raw material sourcing to recycling and reuse.
• Battery Mineral Resources : This segment focuses on securing and managing the supply chain for crucial battery materials like lithium, nickel, cobalt, and manganese.