Contemporary Amperex Technology Co Ltd Class A
300750: XSHE (CHN)
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Leading Battery Maker CATL Riding on Electric Vehicle Tailwind
Business Strategy and Outlook
Contemporary Amperex Technology, commonly known as CATL, is the largest producer of lithium-ion rechargeable batteries for electric vehicles in China and globally. According to SNE Research, CATL is ranked first in the global EV battery market with a market share of 38% as measured by installed capacity in 2024 and 45% share in China. CATL’s major customers include leading automakers such as Tesla, Nio, Geely, SAIC, and Volkswagen.
