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CATL said the rapid expansion of its battery-swapping station network across China will help speed adoption of the company’s sodium-ion batteries.
CATL and Beijing Automotive Group will develop a battery-swapping system, with the aim of servicing 1 million vehicles, as the battery giant looks to grow what’s seen as a long-term revenue stream.
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CATL has been a major force in the battery industry, but the company is now grappling with a more competitive Chinese market hit by overcapacity, policy changes and cooling auto demand growth.
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CATL is betting on the burgeoning electric-truck market to bolster growth
CATL’s Hong Kong-listed shares have maintained a considerable premium over their Shenzhen-traded peers after a months-long selloff, underscoring a divide between onshore and offshore investors
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#CATL# has begun production of battery cells at its plant in Debrecen, Hungary, after a series of environmental and workplace safety challenges.
CATL has seen some volatility in domestic orders since China’s consumption tax on batteries took effect this month, but overall the impact has been limited, according to a company executive
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CATL develops pick-up truck batteries for US despite trade barriers
CATL bulls are unfazed by a $100 billion market value wipeout over just four months, arguing the Chinese battery leader’s technology moat makes it a clear winner in the long-term global energy transition
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CATL suffered its steepest two‑day drop in almost a year as investors evaluated the Chinese battery giant’s third‑quarter outlook and speculation it may scale back production
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