CATL

THE STEERING COLUMN

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Having disrupted cars, the Chinese now want to disrupt luxury – and this stunning SUV could be their best bet

CATL’s energy storage business has gained attention as investors seek exposure to companies seen as helping reduce dependence on fossil fuels.

CATL overtakes PetroChina in market value as green bets ramp up

The battery maker now ranks as China’s third-largest onshore stock

CATL has been advancing sodium-ion batteries for EVs, a potential alternative to today’s lithium-ion technology.

CATL earmarks 30 billion yuan for critical minerals security as Q1 profits surge 49%

The board approves new unit to act as investment and ops platform for the new-energy mining sector

CATL’s share of the global market for lithium-ion batteries for energy storage systems remained unchanged at 30% last year.

China’s CATL beats estimates as battery profit growth quickens

The company also faces intensified competition this year, and China’s auto market is on track for the worst year since 2020

Top EV players CATL did not break out energy storage shipments through the third quarter.
ANALYSIS

China’s power reforms, global data centre buildout usher in battery boom

China lithium-ion battery cells for energy storage tipped to jump 75% this year

Stellantis and CATL intend to begin some production by the end of next year.

Stellantis deepens Europe’s reliance on China with CATL plant

Despite European Union efforts to counter Beijing’s growing influence, Spain has emerged as a key ally

The end of the six-month lockup period will potentially free up about 77.5 million shares, based on data from the Chinese battery giant’s prospectus.

CATL’s 92% rally in Hong Kong faces threat from lockup expiry

Besides cashing out on the stock’s stellar gains, investors have at least one more reason to sell: valuation

Still, at about 22 times its one-year forward earnings, CATL’s stock has the lowest valuation among pure battery makers on a global Bloomberg Intelligence gauge of the sector.

CATL’s stock touted as cheap even after a US$110 billion rally

The Shenzhen-listed stock of the world’s biggest battery maker has surged nearly 75% since this year’s low in early April, adding US$110 billion to its market value

The Jianxiawo mine in Yichun, a key Chinese lithium hub, has become a focal point for market sentiment.

CATL readies China lithium mine restart earlier than thought

Prices of lithium carbonate has seen heightened volatility over supply uncertainties