The most important battery manufacturers for electric cars come from Asia, particularly fast Chinese enterprises grew last. For European companies, it may be too late.
From Zero to one Hundred in a relatively short period of time: The Chinese CATL managed group. To the listed company from the Eastern coastal city of Ningde to come, in the meantime, if you dealt with the E-car Boom in General, and the battery manufacturers, in Particular.
“CATL dominated in China, in the meantime, all the other manufacturers by far,” says Mark Newman of the Hong Kong consulting firm Bernstein Research. Due to the huge demand for batteries for E-cars in China, the company had reached a size, with which even the Korean manufacturers in the shade. “In terms of quality and technology, is CATL, although still behind the Koreans, the you make but by your size.”
The inconspicuous company name CATL stands for “Contemporary Amperex Technology Limited”. The company exists in its current Form only since 2011. Since the middle of last year, it is listed on the Shenzhen stock exchange. The company’s founder Zeng Yuqun was at the time of the IPO in June 2018 self-confident: “Our company is a leader in the area of battery technology, raw materials, manufacturing, sales, customer service and battery Recycling,” he said. “So we have our strategy in the entire supply chain. Also in the case of research and development, we are world-class.”
