Chinese battery giant CATL is exploring a second listing in Hong Kong, potentially raising over $5 billion. This would be one of the largest IPOs in the city and solidify CATL’s position as a global leader in the EV battery market. The move reflects the company’s strong growth and the increasing demand for EV batteries globally. The listing is expected as early as the first half of 2025.
Despite ongoing trade tensions and protectionist policies, Chinese battery giant CATL expresses interest in establishing a manufacturing plant in the US. This move could significantly impact the American electric vehicle market, but faces challenges from US government restrictions and security concerns.
CATL, a leading battery manufacturer, has successfully completed two pilot projects for the Global Battery Alliance’s Battery Passport initiative. This program aims to create a standardized system for tracking the origin and environmental impact of battery materials, promoting sustainability and transparency in the battery industry.
CATL, a leading battery manufacturer, has taken a significant step towards sustainable and transparent battery production by participating in the Global Battery Alliance’s (GBA) Battery Passport initiative. CATL led two pilot projects for its Shenxing and CTP batteries, demonstrating its commitment to environmental responsibility and transparency in the battery industry.
CATL, a leading battery manufacturer, has introduced the Freevoy Super Hybrid Battery, a revolutionary technology that promises to redefine the hybrid vehicle experience. With an impressive pure electric range exceeding 400 kilometers and 4C ultra-fast charging capabilities, the Freevoy addresses key limitations of existing EREVs and PHEVs, offering extended range, rapid charging, and enhanced low-temperature performance. This innovative battery technology is set to reshape the landscape of sustainable transportation.
Global leader in new energy technology, CATL, has introduced its innovative TECTRANS battery system at IAA Transportation 2024, promising to transform the commercial transportation sector with its advanced capabilities.
A Chinese battery plant in Hungary, despite facing strong local opposition and environmental concerns, is forging ahead with its construction. Residents fear the plant will pollute the environment, exploit resources, and impact their lives, prompting protests, lawsuits, and even air quality monitoring. The Hungarian government’s support for the project, however, stems from its belief that battery production is crucial for economic growth, despite the potential downsides.
Chinese battery manufacturer CATL has unveiled a new lithium iron phosphate (LFP) battery, the Shenxing Plus, that boasts a driving range of over 1,000 kilometers (621 miles) on a single charge. This is the first LFP battery with such an extended range, according to CATL’s Chief Technology Officer Gao Huan. LFP batteries are considered more environmentally friendly than the lithium-ion batteries commonly used in electric vehicles (EVs). The current-generation Shenxing battery with a 700 km range is used in four car models, and more than 50 models are expected to be equipped with it by the end of the year. CATL, the world’s largest EV battery maker, experienced a profit growth in January-March after facing a decline in the previous quarter due to slowing demand and increased competition. Chinese battery makers, including CATL, have rapidly grown and now account for over two-thirds of global EV battery capacity.
