Founded in 2011, Contemporary Amperex Technology Co. Ltd. (CATL) is a Chinese manufacturer of lithium-ion batteries for electric vehicles and energy storage systems, as well as battery management systems. With a market share of 37 percent in 2022, CATL is the largest manufacturer of EV batteries in the world. The company has set a manufacturing capacity target of more than 500 gigawatt-hours (GWh) by 2025 and more than 800 GWh by 2030.
Earlier this year, CATL began series production of the Qilin, its third-generation cell-to-pack battery system. This new battery embraces recent advances in battery materials, packaging technology improvements, weight reduction and reliability. Qilin’s groundbreaking design can achieve 72 percent volume efficiency and an energy density of 255 watt-hours per kilogram.