The Latest Breaking News from CATL

Reuters

Ford announced it has secured 70%-100% of the battery cell capacity needed to support ambitious EV targets. Ford stock edged up.

CATL’s new battery, called Qilin, will boost volume utilisation rate to 72%, the world’s highest, versus 50% for its first generation launched in 2019

Tesla, Inc (NASDAQ:TSLA) supplier Contemporary Amperex Technology Co Ltd launched an electric-car battery with a range of over 1,000 kilometers (620 miles) on a single charge. CATL claimed that the battery was 13% more potent than Tesla's 4680 battery to be made by Panasonic Holdings Corp (OTC:PCRFY), the Bloomberg reports. The Qilin battery has an energy density…

China is mulling extension of a policy that exempts EVs from purchase tax.

Tesla Inc (NASDAQ: TSLA) China supplier CATL has shipped electric vehicle batteries to South Korea’s Kia Corp, a subsidiary of Hyundai Motor Company, Reuters

Kia might soon use lithium-ion batteries from Contemporary Amperex Technology Co Ltd (CATL) in its electric cars in South Korea.

CATL, which is the world's largest lithium-ion battery supplier for EVs, announced another customer for its flagship LFP battery cells and CTP technology.

CATL will be supplying BMW with cylindrical lithium-ion battery cells for electric vehicles, starting from 2025.