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CATL aims for global domination

It tripled production capacity for lithium-ion car batteries in past year to meet demand

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Published Mon, Dec 26, 2016 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Ningde, China

    A DUSTY village on the outskirts of Ningde, a third-tier city in China's south-east, seems an unlikely place for the headquarters of a potential global leader in future automotive technology.

    Yet China's top-down industrial policy diktats - move up the value chain, clean up polluted urban skies, and shift to plug-in cars - have Contemporary Amperex Technology Ltd (CATL) poised to go from hometown hero to national champion, and beyond.

    CATL

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