Contemporary Amperex Technology Co. Limited (simplified Chinese: 宁德时代; traditional Chinese: 寧德時代; pinyin: Níngdé Shídài), abbreviated as CATL, is a Chinese battery manufacturer and technology company founded in 2011 that specializes in the manufacturing of lithium-ion batteries for electric vehicles and energy storage systems, as well as battery management systems (BMS). With a market share of 32.6% in 2021, CATL is the biggest lithium-ion battery manufacturer for EVs in the world, producing 96.7 GWh of the global 296.8 GWh, up 167.5% year on year. It grew even further in 2022, increasing its market share to 37%. The company plans to have a manufacturing capacity target of more than 500 GWh by 2025 and more than 800 GWh by 2030. More information...
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