Latest news with #ContemporaryAmperexTechnologyCo.
LeMonde
3 days ago
- Automotive
- LeMonde
China shuts down a major lithium mine, triggering a surge in prices
Contemporary Amperex Technology Co., Limited (CATL), the world's largest battery manufacturer, confirmed on Monday, August 11, that it had shut down its mine in Yichun, southeastern China, as it seeks to renew an expired operating license. This mine is far from insignificant: It accounts for around 6% of global production. Lithium prices soared 8% at the close, while the share prices of international mining companies also surged. The fate of this mine had been closely monitored for several weeks due to speculation that Chinese authorities would not renew its license. In 2024, CATL controlled between 35% and 40% of the global market for batteries used in electric vehicles, supplying most Chinese automakers and many foreign manufacturers such as Tesla, Toyota and BMW. Lithium is not a rare earth element, but it is a strategic, very light metal, notably used in lithium-ion batteries that power smartphones, laptops and, crucially, electric vehicles. In just a few years, it has become a key metal in the global race toward the energy transition.
Korea Herald
23-06-2025
- Automotive
- Korea Herald
CATL Chairman and CEO Robin Zeng Outlines Vision for Global Zero-Carbon Transition and Deeper Collaboration at Major Conference
CHENGDU, China, June 23, 2025 /PRNewswire/ -- Recently, Dr. Robin Zeng, Chairman and CEO of Contemporary Amperex Technology Co., Limited (CATL), delivered a speech at the second Belt and Road Conference on Science and Technology Exchange. During the speech, Dr. Zeng detailed CATL's commitment to open collaboration and mutually beneficial development global wise, with a significant focus on empowering emerging economies. In his address, Dr. Zeng emphasized CATL's readiness to foster deep industrial cooperation and share its advanced technologies to accelerate the global energy transition. "There are many ways we can cooperate," Dr. Zeng stated. "CATL is willing to co-build factories, form joint ventures, and engage in commercial agreements on technology licensing." This collaborative spirit is central to CATL's strategy of building localized ecosystems and supporting partners worldwide in their journey towards carbon neutrality. Highlighting the significant opportunities in transport electrification, CATL noted the rapid pace of EV market growth in countries like Thailand, Malaysia, and Indonesia. CATL is actively pursuing partnerships in the region, such as its collaboration with Arun Plus in Thailand to supply batteries and support the nation's ambition to become Southeast Asia's EV hub; and its co-development of a full industrial value chain—from mining to recycling—to localize Indonesia's EV ecosystem. Beyond transportation, CATL's comprehensive "Zero-Carbon Tech" solutions encompass innovative energy storage systems that are crucial for unlocking the full potential of renewable energy. Its grid-forming storage systems enable independent microgrids, which are essential for remote regions and industrial sites. One notable example is the 19GWh battery energy storage system powering Masdar's "AI + Zero-Carbon" green data center in the UAE. To promote battery circularity across society, CATL plans to roll out 1,000 Choco-Swap stations by 2025. The footprint is expanding into Hong Kong SAR and Macau SAR, with construction officially underway on Hong Kong's first Choco-Swap station. In the medium term, CATL aims to establish 10,000 stations in collaboration with automotive partners. Furthermore, CATL's advanced battery recycling technology—which processed 130,000 tons of waste batteries last year—underscores its strong commitment to the circular economy. Dr. Zeng also touched upon the concept of "industrial decarbonization," explaining it as the transformation of traditional high-energy-consumption industries with new energy solutions, such as using hydrometallurgy to reduce carbon emissions. This approach, combined with "new energy industrialization," aims to create new economic growth engines and green transformation pathways, particularly relevant for nations seeking industrial upgrading and sustainable development. CATL's strategy involves fostering a global production network to ensure market supply and development worldwide, exemplified by its major investments in European manufacturing, including Europe's largest battery base in Hungary and a new factory in Spain with Stellantis. These initiatives are designed to deeply integrate CATL into regional new energy industry chains, enhancing local value and technological advancement. With over 43,000 patents and nearly 20 billion yuan invested annually in battery R&D, CATL continues to innovate in battery materials, chemical systems, and beyond. In 2024, CATL ranked second among all Chinese companies in overseas patent applications. "As a global leader in innovation and technology, CATL is willing to collaborate with business and scientific communities across all international partner countries," Dr. Zeng concluded. "We are eager to contribute - for humanity's new energy's sake, for humanity's sustainable development, and for building a community with a shared future for mankind!" CATL's recent listing on the Hong Kong Stock Exchange further demonstrates its deeper integration into global capital markets, providing a vital platform to support its expanding production capacity, supplier network, and talent pool, enabling more diverse cooperation with international partners towards a zero-carbon future. The company aims for its factories to be carbon-neutral this year and is committed to achieving carbon neutrality across its battery supply chain by 2035.
Cision Canada
23-06-2025
- Automotive
- Cision Canada
CATL Chairman and CEO Robin Zeng Outlines Vision for Global Zero-Carbon Transition and Deeper Collaboration at Major Conference
CHENGDU, China, June 23, 2025 /CNW/ -- Recently, Dr. Robin Zeng, Chairman and CEO of Contemporary Amperex Technology Co., Limited (CATL), delivered a speech at the second Belt and Road Conference on Science and Technology Exchange. During the speech, Dr. Zeng detailed CATL's commitment to open collaboration and mutually beneficial development global wise, with a significant focus on empowering emerging economies. In his address, Dr. Zeng emphasized CATL's readiness to foster deep industrial cooperation and share its advanced technologies to accelerate the global energy transition. "There are many ways we can cooperate," Dr. Zeng stated. "CATL is willing to co-build factories, form joint ventures, and engage in commercial agreements on technology licensing." This collaborative spirit is central to CATL's strategy of building localized ecosystems and supporting partners worldwide in their journey towards carbon neutrality. Highlighting the significant opportunities in transport electrification, CATL noted the rapid pace of EV market growth in countries like Thailand, Malaysia, and Indonesia. CATL is actively pursuing partnerships in the region, such as its collaboration with Arun Plus in Thailand to supply batteries and support the nation's ambition to become Southeast Asia's EV hub; and its co-development of a full industrial value chain—from mining to recycling—to localize Indonesia's EV ecosystem. Beyond transportation, CATL's comprehensive "Zero-Carbon Tech" solutions encompass innovative energy storage systems that are crucial for unlocking the full potential of renewable energy. Its grid-forming storage systems enable independent microgrids, which are essential for remote regions and industrial sites. One notable example is the 19GWh battery energy storage system powering Masdar's "AI + Zero-Carbon" green data center in the UAE. To promote battery circularity across society, CATL plans to roll out 1,000 Choco-Swap stations by 2025. The footprint is expanding into Hong Kong SAR and Macau SAR, with construction officially underway on Hong Kong's first Choco-Swap station. In the medium term, CATL aims to establish 10,000 stations in collaboration with automotive partners. Furthermore, CATL's advanced battery recycling technology—which processed 130,000 tons of waste batteries last year—underscores its strong commitment to the circular economy. Dr. Zeng also touched upon the concept of "industrial decarbonization," explaining it as the transformation of traditional high-energy-consumption industries with new energy solutions, such as using hydrometallurgy to reduce carbon emissions. This approach, combined with "new energy industrialization," aims to create new economic growth engines and green transformation pathways, particularly relevant for nations seeking industrial upgrading and sustainable development. CATL's strategy involves fostering a global production network to ensure market supply and development worldwide, exemplified by its major investments in European manufacturing, including Europe's largest battery base in Hungary and a new factory in Spain with Stellantis. These initiatives are designed to deeply integrate CATL into regional new energy industry chains, enhancing local value and technological advancement. With over 43,000 patents and nearly 20 billion yuan invested annually in battery R&D, CATL continues to innovate in battery materials, chemical systems, and beyond. In 2024, CATL ranked second among all Chinese companies in overseas patent applications. "As a global leader in innovation and technology, CATL is willing to collaborate with business and scientific communities across all international partner countries," Dr. Zeng concluded. "We are eager to contribute - for humanity's new energy's sake, for humanity's sustainable development, and for building a community with a shared future for mankind!" CATL's recent listing on the Hong Kong Stock Exchange further demonstrates its deeper integration into global capital markets, providing a vital platform to support its expanding production capacity, supplier network, and talent pool, enabling more diverse cooperation with international partners towards a zero-carbon future. The company aims for its factories to be carbon-neutral this year and is committed to achieving carbon neutrality across its battery supply chain by 2035.
Yahoo
04-06-2025
- Automotive
- Yahoo
Sodium-ion Battery (Sulfur, Salt) Market - Global Forecast to 2030 with Faradion, Contemporary Amperex Technology, TIAMAT Energy, HiNa Battery Technology, and Jiangsu Zoolnasm Leading
The global sodium-ion battery market is set to expand significantly, projected to grow from USD 0.67 billion in 2025 to USD 2.01 billion by 2030, at a CAGR of 24.7%. This surge is driven by sodium-ion batteries' enhanced safety and cost-effectiveness compared to lithium-ion alternatives. The aqueous sodium-ion battery segment will capture a significant market share due to its affordability and safety. The automotive industry is expected to be the fastest-growing sector, driven by the demand for sustainable options. Major players include Faradion, Contemporary Amperex Technology Co., and TIAMAT Energy. The report provides strategic insights into market segmentation, trends, and competitive dynamics. Sodium-ion Battery Market Dublin, June 04, 2025 (GLOBE NEWSWIRE) -- The "Sodium-ion Battery Market by Battery Type (Sodium-Sulfur and Sodium-Salt), Technology Type (Aqueous and Non-aqueous), End-use (Energy Storage, Automotive, and Industrial), and Region (Asia Pacific, Europe, and North America) - Global Forecast to 2030" has been added to offering. The report serves as a valuable tool for market leaders and new entrants, providing precise revenue forecasts for the sodium-ion battery market and its segments. It offers stakeholders an in-depth understanding of the competitive landscape and insights to refine their business strategies. Additionally, it provides a pulse on market dynamics, outlining key drivers and challenges. Key players such as Faradion (UK), Contemporary Amperex Technology Co., Ltd. (China), TIAMAT Energy (France), HiNa Battery Technology Co., Ltd. (China), and Jiangsu Zoolnasm Energy Technology Co., Ltd. (China) are strategically expanding through acquisitions, partnerships, and other agreements to boost their market presence. Aqueous Sodium-Ion Battery Segment The aqueous sodium-ion battery technology is anticipated to capture the second-largest market share during this period. Despite its lower energy density, the appeal of this segment lies in its cost-effectiveness and safety. These batteries use water-based electrolytes, providing a more secure solution compared to their non-aqueous counterparts. Rapid Growth in Automotive Applications The automotive industry is experiencing a swift adoption of sodium-ion batteries as an efficient energy storage solution. The advantages-high energy density, rapid charging, and heightened safety-are propelling their use in electric vehicles, aligning with tougher emission standards and rising consumer demand. Leading manufacturers are developing innovative materials and technologies to optimize the cost and efficiency of these batteries. Key Attributes: Report Attribute Details No. of Pages 144 Forecast Period 2025 - 2030 Estimated Market Value (USD) in 2025 $0.67 Billion Forecasted Market Value (USD) by 2030 $2.01 Billion Compound Annual Growth Rate 24.7% Regions Covered Global Market Dynamics Drivers Need for Cost-Effective Alternatives to Lithium-Ion Batteries Increasing Demand for Sustainable Energy Storage Solutions Challenges Limited Availability of High-Performance Materials for Sodium-Ion Batteries Wide Applications of Lithium-Ion Batteries in Various Industries Lack of Established Supply Chains Opportunities Abundance of Sodium Resources Innovation and Technological Advances in Sodium-Ion Batteries Company Profiles Faradion Contemporary Amperex Technology Co., Ltd. (CATL) Tiamat Energy Hina Battery Technology Co., Ltd. Jiangsu Zoolnasm Energy Technology Co., Ltd. Altris AB Natron Energy, Inc. NGK Insulators, Ltd. Li-Fun Technology Corporation Limited Jiangsu Transimage Technology Co., Ltd. Zhejiang Natrium Energy Co., Ltd. Sodion Energy Pvt. Ltd. Indi Energy Northvolt AB Zonergy Corporation BYD Motors Inc. Farasis Energy Europe GmbH Farasis Energy (Ganzhou) Co., Ltd. For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Sodium-ion Battery Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Nikkei Asia
22-05-2025
- Automotive
- Nikkei Asia
China's CATL a top subsidy recipient on first-half figure alone
TOKYO -- China's leading electric vehicle battery maker CATL did not reveal how much it received in state subsidies in its last full-year disclosure before raising $5.3 billion in a secondary share listing in Hong Kong this week. The company, officially known as Contemporary Amperex Technology Co., had previously shared such information in accordance with disclosure rules set by mainland Chinese authorities, as it has been listed in Shenzhen since 2018 and dual-listed in Hong Kong since Tuesday.
