The world's largest battery maker; announced a ~500 Wh/kg 'condensed' cell, developing semi-solid and solid-state in parallel.
CATL posted Q2 revenue of ¥147.8B, up 56.9%, and net profit up 36.5% to ¥22.5B ($3.32B) — beating the ~30% forecast — driven by energy storage even as EV demand softened. H1 storage revenue jumped 87.5% to ¥53.26B. The company also announced a share buyback.
CATL signed an MOU with Dutch energy integrator Alfen to deploy 5 GWh of its Tener Sodium storage systems across the Netherlands and Western Europe starting 2027 — the first large-scale European grid deployment of sodium-ion, rated for 15,000 cycles and a 25–30 year life, extending a supply relationship running since 2023.
CATL will fit more than 5,000 heavy-duty trucks in J&T Express's fleet with its full battery-swap solution — swappable packs, swap stations, and O&M — with 3–5 minute swaps replacing depot charging.
CATL's Choco-SEB battery-swap network deployed its 2,000th station on June 30 — averaging 200+ new stations a month in 2026 across 180 cities — and raised its end-2026 target from 2,500 to 3,000, on a stated long-term goal of 30,000.
CATL and Galbot announced a partnership to scale embodied-AI humanoid robots.
Galbot's S1 humanoid robot, powered by CATL batteries, entered operation on CATL's factory production line — an early heavy-duty industrial deployment.
Morgan Stanley again doubled its forecast for China humanoid-robot shipments — a third-party demand signal for the field.
Octopus Energy and CATL announced “Swaptopus,” a joint venture to build a battery-swapping network for electric trucks across Europe.
Ford's wholly-owned BlueOval Battery Park in Michigan began assembling its first full LFP prismatic cells using technology licensed from CATL (a license-royalty-service model) — bringing CATL's LFP chemistry into US production, with market-ready cells expected by end of 2026.
CATL — CATL announced a 'condensed' (semi-solid) cell rated ~500 Wh/kg — the first credible claim to roughly double conventional energy density, initially aimed at aviation.
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