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Contemporary Amperex Technology Co. Limited (CATL)

Contemporary Amperex Technology Co. Limited (CATL)

CATL (Contemporary Amperex Technology Co. Limited) is a technology company that manufactures electric vehicle batteries and energy storage systems. CATL was founded in 2011 and is headquartered in Ningde, China.

Contemporary Amperex Technology Co. Limited, known as CATL, is a technology company that manufactures lithium-ion batteries for electric vehicles, as well as energy storage systems. The company has stated aims to produce 50 GWh of production capacity by 2020.

CATL is headquartered in Ningde, China, and was founded in 2011 by Zeng Yuqun. Zeng had previously served as president at Amperex Technology Limited (ATL), a lithium-ion battery company focused on consumer electronics.

Customers include car manufacturers BMW, Volkswagen, Daimler, Nissan and Renault.

CATL made an initial public offering in June 2018, following approval from the Chinese securities regulator. In its investment prospectus, the company claims to be the largest electric vehicle battery manufacturer in the world.

Timeline

CATL announces low-cobalt battery production for 2019

The NCM 811 battery will be lower in cobalt and contain more nickel.

CATL IPO on Shenzhen’s stock exchange

Shares in the company rose 44%.

13.1 billion yuan IPO approved by Chinese securities regulator

CATL established

People

Name
Role
Related Golden topics

Huang Shilin

Vice Chairman / VP

Jia Zhou

President

Wu Kai

Chief Scientist / VP

Zeng Yuqun

Founder / Non-Executive Chairman

Further reading

Title
Author
Link
Type

China’s ambition to power the world’s electric cars took a huge leap forward this week

James Temple

China’s biggest battery producer could become world’s biggest after raising $2 billion in an IPO

Fred Lambert

Chinese Battery Champion Has Fully Charged IPO

Anjani Trivedi

Chinese Battery Champion Has Fully Charged IPO

Anjani Trivedi

Chinese battery maker CATL buys stake in Finnish car supplier

Reuters Editorial

Chinese Battery Maker Taking on Global Electic Car Market

Hyundai chooses Chinese battery supplier

The Swift Rise of a Chinese Battery Giant

Jie Ma, David Stringer, Yan Zhang, and Sohee Kim

Documentaries, videos and podcasts

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Companies

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CEO
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References