CATL

CATL has reached 700 battery swap stations in China, targeting 1,000 stations by the end of this year.

CATL recorded revenue of RMB 104.2 billion in the third quarter, rising 12.90 percent year-on-year.

This highlights potential supply crunches in China's battery sector amid a recent surge of new vehicle launches.

CATL's market share in September increased by 0.47 percentage points compared to August, while BYD's share grew by 0.22 percentage points.

CATL and BYD collectively installed 379.3 GWh of EV batteries in January-August 2025, accounting for 54.8 percent of the global total.

Following the funding, CAIT-SH is valued at over RMB 10 billion, becoming the first unicorn in the skateboard chassis sector.

Maersk will become CATL's preferred global logistics partner, providing integrated services including ocean freight, air freight, project logistics, and warehousing.

CATL's Jianxiawo mine has received reserve approval, bringing it one step closer to restarting production, Bloomberg reported.

Li Auto and CATL will also collaborate to expand domestic and international operations, jointly advancing battery technology innovation and global deployment.

China aims to install over 180 million kW of new energy storage capacity by 2027, driving about RMB 250 billion ($35 billion) in direct project investment.