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Contemporary Amperex Technology Limited (CATL)

(宁德时代)

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Contemporary Amperex Technology Limited (CATL)
宁德时代
Contemporary Amperex Technology Limited (CATL), founded in 2011 in Ningde city of Fujian province, is the world's largest manufacturer of lithium-ion batteries, used in a range of consumer products such as cellular phones, robots and drones, and electric vehicles.
CATL’s subsidiary Autoflight, a drone maker, launched a waterborne vertiport to support the electric vertical take-off and landing (eVTOL) sector in November. Photo: Handout
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Stella Li, BYD’s executive vice-president, at a press conference before the start of the International Motor Show (IAA Mobility) in Munich on September 8, 2025. In June, Li said the company had invested in humanoid robots. Photo: DPA
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In Focus | Will new EV batteries fast-charge the global automotive industry?

Amid a fiercely competitive domestic market, China’s battery tech leads in global innovation and cost reduction, promising safer, faster EVs.

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UAE

China’s battery makers fight over Middle East energy-storage market

BYD, Sungrow win contracts for storage at massive UAE solar plant, as EV battery makers seek better margins selling storage systems.

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IPO

CATL-backed smart driving tech firm to kick off Hong Kong IPO this week: sources

NASN Intelligent Tech could launch its book-building as early as Thursday and debut in early August.

A general view of Exchange Square in Central on July 21. Photo: Jelly Tse
Business of climate change

Chinese battery giant CATL rides green energy boom as revenue soars 57%

The results, despite being record figures, slightly missed market estimates of 148.6 billion yuan in revenue and 23.4 billion yuan profit.

4
China energy security

Power play: CATL wades into hydropower as China opens state projects further

Battery giant’s stake in Sichuan plant reflects Beijing’s push to diversify funding and inject market discipline into public infrastructure.

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From CATL shares forecast to grow 50 per cent to the effects of China’s EV tax break ending, here are seven EV stories you may have missed.

The fleet of BYD Denza Z9GT cars travelling from Rome to Hong Kong in Istanbul on June 23. Photo: Handout
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What will China’s phasing out of its EV battery tax break mean for the industry?

Beijing is attempting to curb overcapacity and intense domestic price wars by ending a decade-long levy exemption on batteries.

Cars produced by Chinese automakers BYD and MG at the Lianyungang port in China’s eastern Jiangsu province on July 1. Photo: AFP
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Experts say political resistance blocks technology transfer that could help US carmakers compete with Chinese rivals.

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Chinese hard tech giants see market value surge as overseas capital pours in

Under the mainland-Hong Kong Connect programme, northbound holdings rise to record high of 3.13 trillion yuan by end of June.

Pedestrians beneath a large screen showing the latest stock market and economic data in Shanghai on June 15. Photo: EPA
Electric & new energy vehicles

Goldman Sachs forecasts 50% jump for CATL’s shares as energy storage takes off

The Wall Street investment bank expected CATL’s battery energy storage system business to be its next value-creation engine.

CATL’s booth at the Auto China 2024 exhibition. Photo: Shutterstock Images
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Mainland China markets follow US in embracing tech stock dominance

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Miners, battery makers and traders outside China can now trade lithium carbonate futures and options on the Guangzhou Futures Exchange.

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Electric & new energy vehicles

Price war fallout: China imposes 60-day payment cap for energy storage sector

China enforces stricter payment rules for EV and energy storage batteries in a bid to curb disorder and build a resilient supply chain.

A CATL battery display at Auto China in Beijing in April. Photo: Reuters
China trade

As China dominates solar and energy sector, fears emerge over EU’s new crackdown

Brussels’ unease over European reliance on Chinese tech sees the bloc impose bans and restrictions, as fears mount on how far it will go.

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DeepSeek founder Liang Wenfeng. Photo: Shutterstock
Electric & new energy vehicles

Top CATL boss cools expectations over next major leap in EV batteries

Robin Zeng Yuqun addresses expectations at ‘Summer Davos’ on whether the battery technology would be available in the near future.

Robin Zeng Yuqun, head of the world’s largest electric vehicle (EV) battery maker, CATL, at the World Economic Forum’s Annual Meeting of the New Champions, also known as "Summer Davos", held in Dalian, in northeast China’s Liaoning province. Photo: Weibo
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China’s CATL bets big on sodium-ion batteries amid lithium volatility

World’s largest maker of EV batteries invests US$742 million to boost output as it introduces its first sodium-based energy-storage system.

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How are Chinese firms faring as AI and tech reshape global market cap rankings?

Tencent leads pack, but country’s largest listed firms remain dominated by state-owned banks, energy producers and consumer brands.

Nvidia CEO Jensen Huang introduces the chipmaker’s Vera Rubin architecture at the Computex trade show in Taipei on June 1. Photo: Reuters
Finland

Energy security fears drive global surge in orders for Chinese storage firms

In the first two weeks of June, Contemporary Amperex Technology Co Limited (CATL) bagged a combined 5.4 GWh of storage orders.

Envision’s logo appears on its building in Ordos, Inner Mongolia Autonomous Region, China, June 12, 2026. Photo: Reuters
In Focus

China leads charge in energy storage, powered by battery progress

Battery-based grid storage is set for 150 per cent growth in China, as Beijing prioritises energy security and firms eye global markets.

6
Artificial intelligence

How DeepSeek’s landmark funding cements founder’s grip amid heated AI rivalry

Liang remains committed to pursuing artificial general intelligence (AGI) – a vision he reinforced to investors repeatedly last month.

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