Description
Contemporary Amperex Technology Co. Limited abbreviated as CATL, is a Chinese battery manufacturer and technology company founded in 2011 that specializes in the manufacturing of lithium-ion batteries for electric vehicles and energy storage systems, as well as battery management systems (BMS).
It is headquartered in Ningde, Fujian Province and operates manufacturing bases in Ningde, Fujian province; Xining, Qinghai province; Liyang, Jiangsu province; Yibin, Sichuan province; Zhaoqing, Guangdong province and in its first overseas plant located in Erfurt, Germany. Its four main R&D centers are based in Ningde, Fujian; Liyang, Jiangsu; Shanghai and Munich, Germany.
Partnerships
CATL’s battery technology is currently used by a number of electric vehicle manufacturers. In the international market, CATL is collaborating with a growing number of companies including: PSA, Hyundai, Honda, BMW, Daimler AG, Tesla, Toyota, Volkswagen, and Volvo. In China, its clients include BAIC Motor, Geely Automobile, GAC Group, Yutong Bus, Zhongtong Bus, Xiamen King Long, SAIC Motor and Foton Motor.
In January 2017, CATL announced its plans to enter into a strategic partnership with Valmet Automotive, focusing its collaboration on project management, engineering and battery pack supply for EV and HEV. As part of the partnership, CATL acquired a 22% stake in Valmet Automotive.
BMW announced in 2018 that it would buy €4 billion worth of batteries from CATL for use in the electric Mini and iNext vehicles.
