Stellantis and CATL ink battery supply MoU
November 22, 2023
Stellantis and CATL have signed a non-binding Memorandum of Understanding (MoU) for the local supply of LFP battery cells and modules to power Stellantis’ EV production in Europe.
Prices of NEV power batteries fell by 3~4% MoM for February
March 08, 2023
The Li-ion (lithium-ion) battery industry was still in the process of consuming existing inventory during February, and prices of materials in the upstream sections of the industry chain kept falling.
Ford taps Michigan for new $3.5 billion battery plant
February 14, 2023
The US automaker says that it is investing USD 3.5 billion to build an electric vehicle battery plant in Michigan, creating 2,500 new jobs in the region.
CATL's German plant kicks off cell production
December 22, 2022
Contemporary Amperex Technology Thuringia GmbH (CATT), CATL's first plant outside of China, has kicked off serial production of lithium-ion battery cells in December as scheduled.
More money for new Hungarian BMW facility
November 28, 2022
BMW is significantly increasing its investments in its new plant in Debrecen in eastern Hungary. According to BMW, a good two billion euros will be spent on the plant over the next 2 years.
CATL and BMW reach agreement on cylindrical battery supply
September 14, 2022
CATL and BMW Group have entered into a multi-year agreement on the supply of cylindrical battery cells to power the German carmaker's new series of electric models starting from 2025.
CATL to build a second European battery plant in Hungary
August 15, 2022
Contemporary Amperex Technology Co., Limited (CATL) says it will invest EUR7.34 billion euros to build a 100 GWh battery plant in Debrecen, Hungary, which is also its second battery plant in Europe following its German plant.
Mexico rumoured to be the next stop for CATL
July 20, 2022
Contemporary Amperex Technology Co. Ltd, a Chinese battery maker, is reportedly considering locations in Mexico.
CATL joins $6 billion Indonesian e-mobility project
April 21, 2022
With a joint investment of nearly USD 6 billion, the project will focus on nickel mining and processing, battery material, battery manufacturing as well as battery recycling
CATL's German plant receives approval for battery production
April 07, 2022
On April 4, Contemporary Amperex Technology Thuringia GmbH (CATT), CATL's first plant outside of China, received the 2nd partial approval for the commissioning of a new battery cell production plant from the state of Thuringia, Germany.
CATL to invest $5 billion in Chinese recycling plant
October 14, 2021
Contemporary Amperex Technology Co. Ltd. (CATL) says that it plans to build a battery materials recycling plant in the high-tech zone in Yichang, Hubei Province.
CATL acquires Millennial Lithium
September 29, 2021
Chinese battery maker Contemporary Amperex Technology (CATL) has agreed to acquire Millennial Lithium Corp for USD 297.3 million.
BASF and CATL to develop European supply chain
September 17, 2021
BASF SE (BASF) and Contemporary Amperex Technology Co., Limited (CATL) signed a strategic partnership on battery materials solutions, including cathode active materials (CAM) and battery recycling.
BMW: More production for CATL, EVE Energy, Samsung SDI and Northvolt
September 06, 2021
German automobile maker BMW AG has boosted is said to have increased battery cell orders to keep pace with accelerating demand for electric cars.
CATL plans a new battery plant in Shanghai
June 03, 2021
China's CATL is reportedly planning a new, major, automotive battery plant to be located in Shanghai.
Daimler Truck AG and CATL expand global partnership
May 28, 2021
Commercial vehicle manufacturer Daimler Truck AG and lithium-ion battery manufacturer and developer Contemporary Amperex Technology Co. Limited (CATL) announced the intensification of their existing partnership
CATL to guarantee high-volume battery supply to Mercedes-Benz
August 07, 2020
Mercedes-Benz and CATL (Contemporary Amperex Technology Co., Limited) have entered the next stage of their partnership which will focus on the creation of battery technology to support the high-volume electrification of the car makers portfolio.
Germany amps up domestic battery production with massive state subsidies
July 03, 2020
The German government is investing more than EUR 1.5 billion in battery cell research and production.
Volvo Cars inaugurates new battery assembly line at Ghent plant
March 05, 2020
Volvo Cars has formally inaugurated a brand new battery assembly line at its Belgian manufacturing plant in Ghent, where it will start building its first fully electric car, the XC40 Recharge P8, later this year.
BMW is betting billions on e-mobility – awards massive battery contracts
November 21, 2019
The BMW Group is forging ahead with electromobility and deepening its existing business relationships with battery cell manufacturers CATL (Contemporary Amperex Technology Co. Limited) and Samsung SDI.
CATL starts construction of its first overseas factory in Germany
October 21, 2019
A groundbreaking ceremony of the first overseas factory for lithium-ion battery maker CATL took place on October 18 in Thuringia, Germany, marking the start of construction of the first lithium-ion battery factory in Germany.
Bosch and CATL collaborate on battery cells
September 05, 2019
Bosch and Contemporary Amperex Technology Co. Limited (CATL) have concluded a long-term strategic cooperation agreement. The partners are going to jointly specify high-performance battery cells.
Volvo inks battery supply deals with CATL and LG Chem
May 15, 2019
Volvo Car Group says that it has signed long-term agreements with battery makers CATL and LG Chem to ensure the multi-billion dollar supply of lithium ion batteries over the coming decade.
Volkswagen plans 22 million electric vehicles in ten years
March 12, 2019
Volkswagen is forging ahead with its technology overhaul; change of system and systematically aligning with electric drives. The Group is planning to launch almost 70 new electric models in the next ten years – instead of the 50 previously planned.
CATL opens first North American base
December 11, 2018
Electric vehicle battery manufacturer Contemporary Amperex Technology Co. Ltd (CATL), is committing to the US market by opening its first North American sales and service facility.
CATL builds European EV battery factory in Germany
July 12, 2018
Contemporary Amperex Technology Ltd. (CATL) is opening a European factory in Thuringia, Germany, as the region’s auto industry gears up to mass-produce electric vehicles (EVs).
Byton raises $500 million to speed up development of smart connected vehicles
June 11, 2018
The electric car company says that it has successfully concluded a Series-B fundraising round, attracting a total of USD 500 million from multiple major investors that include FAW Group, Tus-Holdings, CATL, and more.
More competition for European battery manufacturers
March 06, 2018
Several players are in the midst of building – or planning – large scale manufacturing plants in order to keep up with the anticipated increase in demand as the automotive industry is becoming more and more electrified.
Valmet Automotive concluded engineering operations deal in Germany
March 08, 2017
Valmet Automotive, a Finnish contract manufacturer of speciality cars, has concluded the deal for ex-Semcon engineering operations in Germany.
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