CATL

CATL and BYD continued to hold the top two positions as the world's largest battery makers in the first half of 2024, both increasing their share slightly from January-May.

CATL invested hundreds of millions of dollars in Autoflight, the first known CATL investment in an eVTOL maker.

CATL saw second-quarter profit rebound from the first quarter, while gross margin remained flat.

The offshore fund will help CATL finance the corporate ecosystem needed to expand production in Europe and other foreign markets, according to the Financial Times.

The Tectrans L-series battery packs have already been mass-produced and have been selected for 21 models from 13 automakers.

CATL continues to be the world's largest battery maker in Jan-May, but share continued to decrease, while BYD continues to increase its share.

CATL has successfully test flown a 4-ton civil electric aircraft and expects to release an 8-ton electric aircraft in 2027-2028.

The Tener energy storage system has been integrated into Rolls-Royce's mtuEnergyPack QG solution.

CATL has reorganized all of its more than 40 factories into domestic and overseas regions, which were previously under six regions.

In the field of battery swap, CATL and BAIC will cooperate in areas including development of battery swap models with battery blocks, distribution of battery blocks, and battery data management.