- Business
- Contemporary Amperex Technology Co., Limited (CATL) is a leading global manufacturer of lithium-ion batteries and energy storage solutions, primarily serving the electric vehicle (EV) and energy storage system industries. Founded in 2011 and headquartered in Ningde, Fujian Province, China, CATL focuses on the research, development, production, and sale of power battery systems including battery cells, modules, and packs for EVs; energy storage batteries and integrated systems for front-of-the-meter and behind-the-meter applications; battery management systems; and battery recycling services. It also manufactures battery materials such as lithium compounds, precursors, and cathode materials, serving diverse sectors including passenger vehicles, commercial transportation, heavy-duty transport, construction machinery, two-wheeled electric vehicles, vessels, and special application vehicles.
Recent major developments include the unveiling of innovative battery products at its 2025 Super Tech Day, introducing the Freevoy Dual-Power Battery, Naxtra—the world's first mass-produced sodium-ion battery—and a second-generation Shenxing Superfast Charging Battery, marking a strategic move into a "Multi-Power Era" emphasizing diversified energy solutions. CATL also launched its fifth-generation lithium iron phosphate (LFP) batteries in 2025, achieving breakthroughs in energy density and cycle life, further enhancing product performance for the global energy storage market. In 2024, CATL entered a significant joint venture with Stellantis to invest up to €4.1 billion in a large-scale LFP battery plant in Spain to enhance local EV battery supply in Europe. Furthermore, CATL deepened its strategic partnership with Beijing HyperStrong Technology in late 2025, agreeing on a procurement of at least 200 GWh of battery cells over three years, coupled with collaborative efforts to develop integrated industry investment funds, supply chain optimization, and energy storage innovation.
CATL operates globally with a strong focus on expanding its footprint across Asia, Europe, and other emerging markets, maintaining its position as the world's largest EV and energy storage battery manufacturer with a global market share of approximately 38% in EV batteries and 36.5% in energy storage systems as of 2025. The company targets a broad customer base including automotive OEMs, energy storage developers, and industrial clients, while committing to sustainability goals such as achieving carbon neutrality in core operations by 2025 and across its supply chain by 2035. CATL's continuous technological innovation and expansive strategic partnerships underpin its leadership in the new energy technology sector.