CATL recorded revenue of RMB 104.2 billion in the third quarter, rising 12.90 percent year-on-year.
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Category: CATL
This highlights potential supply crunches in China's battery sector amid a recent surge of new vehicle launches.
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CATL's market share in September increased by 0.47 percentage points compared to August, while BYD's share grew by 0.22 percentage points.
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China E-commerce giant JD.com in collaboration with CATL and GAC to unveil a new car soon.
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CATL and BYD collectively installed 379.3 GWh of EV batteries in January-August 2025, accounting for 54.8 percent of the global total.
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Following the funding, CAIT-SH is valued at over RMB 10 billion, becoming the first unicorn in the skateboard chassis sector.
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Maersk will become CATL's preferred global logistics partner, providing integrated services including ocean freight, air freight, project logistics, and warehousing.
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CATL will not start mass production of solid state batteries with 2,000 km range in 2027.
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The Avatr 06 electric sedan from Changan, Huawei, and CATL caught fire in China, resulting in the ignition of seven surrounding cars.
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CATL will bring 2,000 workers to build and set up a plant in Spain.
The post China state-owned media: Concerns about CATL’s Spain battery plant lock-in are “completely unwarranted” appeared first on CarNewsChina.com.