CATL Looks to Share Battery Tech to Boost Capacity

Chinese battery giant predicts a shortfall in global production to meet expected future BEV demand.

Paul Myles, European Editor

May 6, 2024

1 Min Read
CATL Volvo Batteries
Battery giant wants to license its tech to automakers and other battery makers.

China’s automotive battery giant CATL is happy to license its next-generation technology to automakers and even rival battery makers to accelerate capacity for the battery-electric vehicle industry.

That’s the claim of an unnamed spokesman for the company interviewed by new energy vehicle website CnEVPost. It claims CATL is talking with around a dozen automakers for a license royalty service (LRS) to cooperate with the technology’s development and production.

In this the company would provide technology licensing as well as plant construction and operation services to help license holders quickly master battery production capabilities, the spokesperson says. Benefits for CATL include access to new revenue models and more advanced forms of expanding its presence overseas.

While the company is recognized as the world leader in battery supply volume, claiming a 36.8% share, the spokesman says it still sees a shortfall in required capacity with the global growth expected for BEVs. CATL continues to build new battery plants to be prepared for the expected demand, says the spokesman.

CnEVPost’s interview quotes the spokesman saying: “CATL is committed to supporting the global transition to new energy sources with advanced technologies and products and is actively exploring multiple collaboration models with global partners. As the world steps up its efforts to combat climate change, there is still huge market growth potential. High-quality and effective production capacity is still limited. What is more, a large number of announced plants have not been implemented, and it is unclear if announced capacity will actually be achieved.”

About the Author(s)

Paul Myles

European Editor, Informa Group

Paul Myles is an award-winning journalist based in Europe covering all aspects of the automotive industry. He has a wealth of experience in the field working at specialist, national and international levels.

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