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Contemporary Amperex Technology Limited (CATL)

(宁德时代)

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Contemporary Amperex Technology Limited (CATL)
宁德时代
Contemporary Amperex Technology Limited (CATL), founded in 2011 in Ningde city of Fujian province, is the world's largest manufacturer of lithium-ion batteries, used in a range of consumer products such as cellular phones, robots and drones, and electric vehicles.
An advertisement for CATL is displayed on Nanjing Road in Shanghai on July 14, following the launch of its new ultra-fast EV battery. Photo: Getty Images
Mainland China

Despite stock stress, CATL set to retain EV battery dominance in China: analysts

CATL’s tech edge and brand safeguard its EV battery lead, though carmakers are seeking alternative suppliers.

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IPO

Mainland China’s stock exchanges mount charm offensive amid Hong Kong IPO boom

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2026 Xi-Trump summits

Trump says Xi state dinner is ‘a very tough ticket’ as guest list takes shape

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2026 Xi-Trump summits

Exclusive | BYD, Xiaomi, Innolight likely on guest list for Xi Jinping’s US trip: sources

Sizeable business delegation – mirroring US President Donald Trump’s entourage in Beijing – suggests potential for investment deals at the summit.

US President Donald Trump talks with President Xi Jinping at the Zhongnanhai leadership compound in Beijing on May 15. Photo: AP
Business of climate change

Exclusive | Beijing freezes plant approvals for energy-storage batteries

‘Dozens of new projects in the pipeline sparked policymakers’ fears about redundancies,’ analyst says.

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US-China relations

Trump transport chief blasts Ford’s business deals with Chinese firms

CEO Jim Farley hit back, saying the letter urging him to cut ties with firms like China’s CATL, Geely and BYD was ‘wrong-headed’.

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Electric & new energy vehicles

Why are EV battery makers’ profits nearly double that of industry’s carmakers?

Leading electric vehicle battery makers’ profits by far outpace the industry’s carmakers in first half.

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An advertisement for CATL is displayed on Nanjing East Road in Shanghai on July 14. Photo: Getty Images
Electric & new energy vehicles

Chinese carmaker Chery to begin testing solid-state EV batteries next year

Chairman says it plans to invest US$1.49 billion in the new battery technology over the next two years.

China stock market

What’s driving the surge in foreign positions across yuan-traded Chinese stocks?

Foreign exposures to yuan-traded stocks jump by a third, with QFII data showing holdings surging to more than US$40 billion.

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China manufacturing

Beyond the bottle: China’s liquor heartland trades old spirits for new energy

Home to one of the nation’s legendary baijiu makers, Yibin is racing to reinvent itself as a hi-tech manufacturing hub – though stark challenges remain.

A man rides an electric bike on a bridge that straddles the Yangtze River in Yibin, Sichuan province. Skyscrapers loom against hazy skies in the background. Photo: Frank Chen
Electric & new energy vehicles

Uncertainty over CATL lithium mine restart could fuel price volatility: analysts

The latest hold-up has yet to meaningfully roil lithium carbonate prices but the impact may be felt during the fourth-quarter.

An ad for CATL is displayed on Nanjing East Road in Shanghai, July 14, 2026, following the launch of its new ultra-fast EV battery. Photo: NurPhoto via Getty Images
Electric & new energy vehicles

Chinese battery giant CATL spreads investments in search of new growth drivers

World’s largest producer of lithium-ion batteries for EVs and energy storage systems has committed over 17 billion yuan to non-battery deals.

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US-China relations

In a small Virginia town, distrust of Big Tech hampers Trump’s AI push

Controversy over first data centres in Danville typifies ongoing debate with concerns over secrecy, distrust and China’s influence.

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DeepSeek

DeepSeek targets 2027 listing as pre-IPO funding nears close: sources

Landmark round to lift Chinese start-up’s valuation to US$74 billion and set the stage for a Shanghai Star Market listing, sources say.

The DeepSeek logo on a wall in Hangzhou, eastern China's Zhejiang province. Photo: Getty Images
China technology

CATL debuts e-commerce hub for direct sales to small buyers as rivalry sharpens

The platform allows for direct online sales to smaller energy storage buyers.

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People visit the booth of battery giant CATL during the China International Supply Chain Expo in Beijing on July 16, 2025. Photo: Reuters
SCMP Highlights

Why US may be open to affordable Chinese cars; in-vehicle karaoke: 7 EV reads

From Tesla facing uphill battle against Chinese standards to SAIC and GM tie-up plans, here are seven EV stories you may have missed.

Electric & new energy vehicles

Musk’s headaches: meet China’s corporate matrix challenging his empire

From Tesla to SpaceX, Starlink and Neuralink, Chinese companies are giving – or trying to give – Elon Musk’s firms a run for their money.

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Chinese overseas

Why are some Chinese students choosing Spain despite its tough job market?

Relatively low tuition rates and a more relaxed lifestyle appeal to young adults, while scarce work, high rents and expanding Chinese investment shape their prospects.

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A pair of people are seen enjoying ice cream in Spain. Photo: Getty Images
Hong Kong stock market

AI surge helps dual-listed stocks’ A-H premium hit 1-year high

Yuan-traded shares have hit a 23 per cent premium over their H share equivalents, the highest in almost 12 months.

Electric & new energy vehicles

Can CATL’s milestone push flying cars closer to a commercial reality in China?

World’s top EV battery maker says aviation pack is ready for mass production after clearing a major safety test.

Electric & new energy vehicles

Demand for affordable EVs will force open US market to Chinese models: analysts

The pressure is likely to mount after consumers in the two neighbouring markets of Mexico and Canada adopt Chinese EVs.

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Cars for export including BYD, Cherry and SAIC models, are seen at Shanghai port in Shanghai on August 7, 2026. Photo: CN-STR/AFP
China exports

Beyond compliance: zero-carbon estates give China’s battery makers a global edge

With the EU’s binding carbon cap taking effect as early as 2028, the route to compliance for Chinese firms could offer a long-term advantage.

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A lithium battery production line at a factory in Huaibei, in eastern China’s Anhui province. Photo: AFP
SCMP Highlights

BYD’s first humanoid robots; world’s biggest buyer of Chinese cars: 7 EV reads

From a Chinese vessel logging a record shipment to BYD’s humanoid robots debut, here are seven EV stories you may have missed.

Electric & new energy vehicles

In Focus | Will new EV batteries fast-charge the global automotive industry?

Amid a fiercely competitive domestic market, China’s battery tech leads in global innovation and cost reduction, promising safer, faster EVs.

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UAE

China’s battery makers fight over Middle East energy-storage market

BYD, Sungrow win contracts for storage at massive UAE solar plant, as EV battery makers seek better margins selling storage systems.

Demand for battery energy-storage systems, like this unit from BYD, has soared in recent years. Photo: Handout
IPO

CATL-backed smart driving tech firm to kick off Hong Kong IPO this week: sources

NASN Intelligent Tech could launch its book-building as early as Thursday and debut in early August.

A general view of Exchange Square in Central on July 21. Photo: Jelly Tse
Business of climate change

Chinese battery giant CATL rides green energy boom as revenue soars 57%

The results, despite being record figures, slightly missed market estimates of 148.6 billion yuan in revenue and 23.4 billion yuan profit.

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China energy security

Power play: CATL wades into hydropower as China opens state projects further

Battery giant’s stake in Sichuan plant reflects Beijing’s push to diversify funding and inject market discipline into public infrastructure.

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