Catl battery stock ticker

Is CATL on the way to grow its market share?

Overall, it seems CATL is on the way to keep growing its market share among battery volume, from the current 35% to potentially 40-60%. All this while the market itself grows quickly, driven by the costs saving CATL technology creates. Currently, there are no serious competitors for the million-mile battery technology.

What makes CATL a great battery company?

CATL’s founder was a scientist before being a businessman. The culture of the company he founded reflects that. From the beginning, CATL’s strategy has been to produce the best possible batteries, not necessarily the cheapest or the easiest to manufacture. To achieve this, the company is spending as much as it can on R&D.

What does CATL stand for?

Goldman analysts Trina Chen and Joy Zhang explained in a client note Thursday that reports of Chinese battery giant Contemporary Amperex Technology (CATL) cutting lithium production at a major mine in...

Is CATL a new company?

CATL is a rather new company by today’s tech industry standards. Compared to Google or Amazon, founded in the 1990s, or even Tesla in 2003, the CATL foundation in 2011 is downright recent. The company is a spin-off of Amperex Technology Limited (ATL), which produced batteries for small consumer electronics and was founded in 1999.

Is CATL a good investment?

Thanks to its R&D effort and the resulting superior technology, CATL is likely to size most of this growth in China, but also in the EU, USA, and Japan. I would say that the decline in free cash flow is not alarming. It mostly reflects the need for rapid production growth and supply chain risk management.

Is CATL better than lithium ion?

CATL’s price advantage comes from a much cheaper cathode, 43% cheaper than other more energy-dense options. LG Chem and General Motors are working on their own version of this technology but are unlikely to achieve this cost level before 2025. Still, LFPs are not perfect. They offer less energy density (energy per kilogram) than lithium-ion.