(CATL) Contemporary Amperex Technology Co. Limited

Innovating to Power Your Green Future

USP

Founded in 2011 in Ningde, Fujian province, China, CATL has grown rapidly, becoming a dominant player in the global battery market, particularly in EV battery manufacturing. The company supplies batteries to many top automakers, including Tesla, BMW, and Volkswagen.

  • Technology Leadership: CATL is known for its leadership in battery technology innovation, including its development of the lithium iron phosphate (LFP) battery, which provides enhanced safety and longevity at a lower cost compared to other battery chemistries.
  • Scale and Production Capacity: CATL is one of the largest producers of EV batteries in the world, boasting significant production capacity to meet the growing demand from global automakers.
  • Global Presence: CATL has established partnerships with major automotive companies worldwide and has a growing presence in Europe, North America, and Asia.
  • Sustainability: The company is committed to sustainable energy solutions, investing in renewable energy projects and prioritizing environmentally friendly production processes.

The collaboration with the European market

In 2018, CATL signed a multi-billion-euro deal with BMW to supply lithium-ion batteries for the automaker’s electric vehicles, solidifying its presence in Europe. As part of this collaboration, CATL announced the construction of its first European battery factory in Erfurt, Germany. This factory, which is expected to begin operations soon, will have an initial production capacity of 14 GWh per year and will supply batteries to European automakers, including BMW and Volkswagen.

This strategic move allows CATL to strengthen its ties with European automakers and support the region’s transition to electric mobility. Additionally, the local production in Germany helps reduce supply chain complexities and provides European car manufacturers with more direct access to high-quality battery components.

This partnership has not only reinforced CATL’s position in the European market but has also helped BMW meet its sustainability goals by securing a stable supply of batteries for its growing electric vehicle lineup.