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CATL was founded in Ningde, which is reflected in its Chinese name ('Ningde era'). The company started as a spin-off of Amperex Technology Limited (ATL), a previous business founded by Robin Zeng in 1999.
The same year, ATL and CATL also established a battery pack joint venture called "Xiamen Ampack Technology Limited" capital is RMB 1 billion, with ATL holding 70% and CATL holding 30%. ATL established Xiamen Ampeak Technology Limited, in which ATL owns 100% of the shares, as a holding company of the two joint ventures. [20]
Robin Zeng Yuqun (born 1968) is a Chinese billionaire businessman. He is the founder and chairman of the battery manufacturer CATL (Contemporary Amperex Technology), and a vice chairman of the All-China Federation of Industry and Commerce. [1]
WASHINGTON/NEW YORK (Reuters) -The U.S. Defense Department said on Monday it has added Chinese tech giants including gaming and social media leader Tencent Holdings and battery maker CATL to a ...
The Pentagon had come under pressure from US lawmakers to add some of the firms, including CATL, to the list. This pressure came as US car making giant Ford said it would invest $2bn (£1.6bn) to ...
The U.S. Defense Department has added dozens of Chinese companies, including games and technology company Tencent, artificial intelligence firm SenseTime and the world’s biggest battery maker ...
In 2021, AVZ agreed to sell a 24% stake in the venture to the Chinese battery manufacturer CATL for $240 million. [6] AVZ's acquisition of 15% of the project in August 2021 has been disputed by the company Zijin Mining in the International Court of Arbitration. [7] Zijin points to a Congolese court order that blocked the deal's payments. [8]
CATL, the world's largest battery maker, is a major supplier of lithium iron phosphate (LFP) batteries to Tesla for its Shanghai factory, the U.S. automaker's largest.