CATL Secures $4.6 Billion Boost to Accelerate Global Energy Innovation and Sustainability Revolution

Contemporary Amperex Technology Co., Limited (CATL) is excited to announce an impressive funding milestone, having raised 4.6 billion to bolster its leadership in new energy technology innovation. This substantial injection of capital fuels CATL’s continued advancement in revolutionizing both stationary and mobile power systems through next-generation battery technologies and renewable energy solutions. Headquartered in Ningde, China, and operating thirteen battery manufacturing bases globally—with strategic subsidiaries in Munich, Paris, Yokohama, Detroit, and beyond—CATL stands at the forefront of a rapidly evolving energy landscape. The funds will be strategically directed toward expanding research and development in advanced material and electrochemistry systems, enhancing structural battery designs, scaling up green extreme manufacturing practices, and innovating business models that drive electrification and intelligentization across market applications. This significant capital raise not only reinforces investor confidence in CATL’s pioneering vision but also underpins its commitment to a sustainable future. The investment will accelerate key initiatives aimed at replacing fossil fuels with efficient, renewable energy systems, effectively supporting the company’s strategic goal of achieving carbon neutrality in its core operations by 2025 and across the entire battery value chain by 2035. With its industry-leading market share—boasting a 36.8% global EV battery market share in 2023 and top rankings in energy storage battery shipments—CATL is uniquely positioned to leverage this funding to further its breakthrough innovations. As the company embarks on this new chapter of accelerated growth and development, stakeholders worldwide can look forward to transformative advances that will power the future of energy transition.