CATL

Lithium Stocks Plummet as CATL's Refinery Resumes Operations, Impacting Market Prices

2 months ago

The lithium market is facing a significant downturn following the announcement that Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest battery manufacturer, is set to restart its lithium refinery operations. This development has caused a ripple effect across lithium stocks and sparked concerns regarding oversupply, leading to a drop in prices.

CATL and Lopal Revitalize Lithium Refinery Operations Amid Price Drop

2 months ago

In a notable turn of events in the lithium market, Contemporary Amperex Technology Co. Limited (CATL) and Lopal Technology Co., both key players in China's battery and materials industry, have announced the resumption of operations at a lithium refinery. This decision comes despite a significant downturn in lithium prices, which have experienced a persistent decline since last year.

Northvolt Faces Bankruptcy Amid Plant Delays, Consolidating BYD and CATL's Dominance in the EV Market

4 months ago

In a startling development for the European electric vehicle (EV) industry, Northvolt, a Swedish battery manufacturer, has declared bankruptcy following a series of operational setbacks and delays at its production plants. This unfortunate turn of events has intensified the competitive landscape, further strengthening the grip of Chinese battery giants BYD and CATL over the burgeoning EV market in Europe.

CATL Co-Founder Signals Shift Away from Investment in Northvolt

4 months ago

In a significant update from the battery manufacturing industry, the co-founder of Contemporary Amperex Technology Co., Limited (CATL), Robin Zeng, has indicated that investing in Northvolt, a Swedish battery maker, is currently not a priority for the company. This statement comes at a time when global demand for electric vehicle (EV) batteries is surging, leading to considerable interest and competition among key players in the sector.

China’s CATL Engages in Initial Discussions for EV Battery Recycling Ventures in Europe

5 months ago

Contemporary Amperex Technology Co. Limited (CATL), a leading Chinese battery manufacturer, has reportedly begun preliminary negotiations to establish electric vehicle (EV) battery recycling operations in Europe. This strategic move comes as the region intensifies its focus on sustainable practices and circular economy initiatives amidst an escalating demand for electric vehicles.