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The Latest Breaking News from CATL

Tesla Battery Supplier CATL Sees Profits Surge Amid Global EV Boom

CATL earnings nearly doubled in 2022 capped by a strong fourth quarter. It cited global EV demand. China EV stocks fell.

Investors Business Daily

China Green Bulletin: Chinese Lithium Firms Have Bolivia in the Crosshairs

The South American country has the world’s largest reserves of the key EV battery raw material, but political and practical obstacles have prevented the nation from becoming a significant global supplier

Caixin Global

BYD plans second Asean EV plant

The Philippines, Vietnam and Indonesia are competing to host another Southeast Asian electric-vehicle assembly plant for BYD Co, the world’s second-largest maker of EVs, according to a Philippine trade and investment official.

Bangkok Post

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Weekly Must-Read: Billionaire Founder of China Renaissance Goes Missing

China Renaissance reports being unable to make contact with its billionaire founder and chairman months after authorities took President Cong Lin into custody

Caixin Global

Ford Mustang Mach-E Will Get LFP Batteries This Year In Europe

The new LFP battery chemistry won't replace the existing nickel cobalt manganese (NCM) chemistry as both will be offered in parallel.

InsideEVs

Tesla May Not Benefit From Largest EV Battery Maker's Pricing Deals

CATL has announced that it will help its strategic partners by issuing

InsideEVs

How years of tricky talks sealed Ford’s deal with a Chinese battery maker

For executives on both sides of the Pacific, Ford Motor Co.’s controversial deal to build a $3.5 billion electric-vehicle battery plant in Michigan using Chinese technology was the finale of a high-wire act that began two years ago.

Tribune News Service

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China Green Bulletin: New Ford-CATL Battery Plant, Green Energy Capacity Trumps Coal

Chinese firms search the world for mining assets, Beijing promotes EVs in rural areas

Caixin Global

Innovation Drives Down the Cost of Powering Electric Cars

Americans are increasingly buying electric cars. Electrochemists and their innovations will drive down the cost of powering them.

Reason

Ford Battery Deal With CATL Draws Backlash From US Senators, Reps

Senator Marco Rubio said the licensing agreement between Ford and CATL "will only deepen US reliance on the Chinese Communist Party for battery tech."

InsideEVs

Ford To Build $3.5 Billion LFP Battery Plant In Michigan

We analyze the announcement that Ford is building a new battery plant in Marshall, Michigan to produce FLP batteries with it's partner, CATL.

InsideEVs

Ford details $3.5 billion electric vehicle battery plant to be built in Michigan

ROMULUS, Michgan — Ford Motor Co. signaled Monday that Michigan will play a central role in the Dearborn automaker's bid to secure its electric-vehicle supply chain and diversify its battery technologies.

Tribune News Service

Ford and Chinese giant team up on EV batteries

Ford Motor Co and China-based CATL — the world’s biggest electric vehicle battery maker — are reportedly planning to build an EV battery plant in Michigan, capping a months-long search that became mired in tensions between the US and China.

Bangkok Post

Ford to announce $2.5B battery plant in Michigan with Chinese partner

Ford Motor Co. on Monday is expected to detail a multi-billion-dollar investment with a Chinese company to build an electric-vehicle battery plant on a site in mid-Michigan, The Detroit News has confirmed.

Tribune News Service

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Roll Call

With EV batteries in demand, some in GOP say 'no' to China - Roll Call

As Americans snap up electric cars, some Republicans take a tough-on-China stance even for projects that would create jobs for Americans.

The Guardian - US

Bolivia’s dream of a lithium future plays out on high-altitude salt flats

The government eyes an economic bonanza in a mineral vital to electric batteries but critics ask if plan is viable and at what environmental cost

Tribune News Service

Virginia governor scraps Ford's bid for EV battery plant with Chinese partner

A Ford Motor Co. battery plant investment sought by Michigan and Virginia that would have created roughly 2,500 jobs was rejected by Virginia Gov. Glenn Youngkin, a potential Republican candidate for president, over his objections to the involvement of a Chinese partner.

Caixin Global

CATL Cleared for $945 Million Lithium Mining Acquisition

Bankruptcy court accepts battery giant’s proposal to pay off Sinuowei Mining Development’s debt and buy out its investors

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news in one place.

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Reason

Youngkin Nixes Ford Electric Vehicle Plant Over Anti-China Paranoia

The factory may have been a bad deal for Virginia, but tying the decision to Chinese aggression is the wrong move.

InsideEVs

Chinese EV Startup And CATL May Integrate Batteries Into EV Chassis

Tesla is putting its 4680 cells into the vehicle's frame, which is a similar concept. However, this Chinese company's structural pack won't be removable.

Investors Business Daily

Tesla Stock Vs. BYD Stock: Tesla Tries To Halt Slide; China EV Giant Near Buy Point

Tesla has dived on fears that price cuts will keep hitting gross margins. BYD flashed a buy signal after earnings.

InsideEVs

CATL Starts Series Production Of EV Battery Cells In Germany

CATL, the world's largest EV battery manufacturer, announced that its new lithium-ion battery cell plant in Germany started series production "as scheduled."

Caixin Global

Tech Insider: Xiaomi President to Step Down, TuSimple Plans to Cut Staff by 25%

Hackers threaten to blackmail Nio, EV-maker launches urban-navigation system in Shanghai

InsideEVs

Report: Ford And CATL Are Considering LFP Battery Plant Investment

In July, Ford announced that CATL will supply LFP lithium-ion battery cells for 4 EVs, but the implementation of the partnership requires careful analysis.

InsideEVs

Honda Signs Deal To Purchase 123 GWh Of EV Batteries From CATL

The massive amount of batteries will enable Honda to build more than 1 million electric vehicles based on its first EV-dedicated platform, the e:N Architecture.

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