China's CATL Group is Winning the EV Battery Industry (For Now)
Like and subscribe. This is an archive channel, i'm not the owner of the content, check the link in the end. Asia is as strong in EV battery technology as they are in semiconductors. So instead of lasers and silicon, let us talk about cathodes and lithium.
CATL Group or Contemporary Amperex Technology (宁德时代新能源科技股份有限公司) is the world's largest battery manufacturer when measured by installed capacity.
Their market share in China is 50%, accounting for 28% globally. They have become a critical supplier to the country's fast-rising EV industry and recently signed Tesla as a big customer.
Just ten years old, the company is today already one of China's most valuable companies. In this video, we will take a closer look at this mysterious, low-profile Titan.
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