BAIC Group has joined CATL's 'Chocolate Power Swap Alliance” and will cooperate to develop battery swap models, CIIC integrated intelligent chassis and other technologies

According to news from this site on April 7, CATL officially announced that the 2024 CATL new energy storage product launch conference will be held at 15:00 on April 9. "As the 'boss' in the field of power batteries, CATL is expected to focus on CATL's new energy storage battery products at this conference and focus on the second growth end." According to a query on this site, CATL will achieve lithium-ion battery sales throughout 2023 390GWh increased by 34.95% year-on-year, of which power battery system sales were 321GWh, a year-on-year increase of 32.56%; energy storage battery system sales were 69GWh, a year-on-year increase of 46.81%. CATL's energy storage battery system revenue will only account for 14.94% of total revenue in 2023. Currently, CATL provides energy storage products such as battery cells, battery cabinets, energy storage containers, and AC side systems.

According to news from this website on July 26, CATL released its 2024 semi-annual report: revenue in the first half of this year was 166.77 billion yuan, a year-on-year decrease of 11.88%; net profit attributable to the parent company in the first half of the year was 22.865 billion yuan, a year-on-year increase of 10.37%. 1. Market share: CATL’s global market share of power battery usage from January to May 2024 was 37.5%, an increase of 2.3 percentage points from the same period last year, and continues to rank first in the world. Energy storage field: CATL has ranked first in the world in terms of energy storage battery shipments for three consecutive years. R&D investment: CATL’s R&D investment in the first half of this year reached 8.592 billion yuan, a year-on-year decrease of 12.77%. In terms of products or services, the gross profit margin of CATL's power battery system in the first half of the year reached 26.90%, an increase of 6.9% compared with the same period last year.

According to news on November 16, at the 2023 International Automotive Electronics and Software Conference Dishui Lake Summit, Wu Kai, chief scientist of CATL, announced a major technological breakthrough. He said that Times Intelligence, a subsidiary of CATL, has successfully developed a new type of skateboard chassis. This technology has been applied on B-class cars in cooperation with CATL and has been fully tested under extreme climate conditions. Wu Kai introduced in detail many technical features of the skateboard chassis. This chassis enables battery assembly efficiency to reach 75%, pushing the cruising range to exceed the 1,000-kilometer mark. Under extreme low temperature conditions, battery performance degradation is controlled to less than 30%, and it remains stable even in an environment of minus 7 degrees. In addition, this model also achieves significant improvements in power consumption per 100 kilometers.

CATL disclosed in an announcement on the evening of February 8 that it received notices from the company’s actual controllers Zeng Yuqun and Li Ping. After consultation, the two parties unanimously signed the "Termination Agreement of the Persons Acting in Concert Agreement" and decided to terminate the agreement between the two parties on October 23, 2015. Signed "Concert Acting Persons Agreement". This website learned from the announcement that after Zeng Yuqun and Li Ping terminated the concerted action relationship, the actual controller of the company was changed from Zeng Yuqun and Li Ping to Zeng Yuqun. This time Zeng Yuqun and Li Pingjun are not involved in the reduction of shareholdings. Ningde Times announced that Zeng Yuqun and Li Ping decided to terminate the relationship as persons acting in concert after friendly consultations. This move aims to better respond to changes in the internal and external environment, further optimize the company's decision-making mechanism, and promote sustainable business development. Before the concerted action relationship was terminated, Zeng Yuqun served as chairman and general manager of the company.

This site reported on June 20 that BAIC Group, CATL, and Times Electric Services signed a cooperation framework agreement on the battery swap project on June 18. This cooperation aims to promote the standardization of battery swapping. The specific contents include: battery swapping model development, battery swapping block development/circulation, battery swapping station regional cooperation, and battery-related data management. According to reports, Ningde Times established a battery swap joint venture with Didi in January this year; on May 16, GAC Aion joined the Chocolate Battery Swap Alliance. This site previously reported that BAIC and CATL have reached a cooperation. The two parties plan to cooperate in the aspects of power battery supply, battery swapping and V2G technology introduction, as well as the joint development and application of new CIIC integrated intelligent chassis products. BAIC Group issued a statement yesterday that the two parties will cooperate in intelligent chassis, battery swap business, battery swap block development, and battery swap block circulation.

According to news on March 14, CATL, the world's leading power battery manufacturer, announced on March 13 that it had signed a strategic cooperation framework agreement with Sinopec in Beijing. Officials pointed out that Ma Yongsheng, chairman and party secretary of Sinopec Group Corporation, met with Zeng Yuqun, chairman and general manager of CATL, and his delegation at the headquarters, and witnessed the signing together. The two parties exchanged in-depth views on further strengthening cooperation in the fields of new energy, new chemical materials, and technological innovation. . It is worth mentioning that Sinopec also signed a strategic cooperation framework agreement with Geely Holding Group in Beijing on March 9. Ma Yongsheng met with Geely Holding Group Chairman Li Shufu and Vice Chairman Yang Jian at the headquarters. Previously, Sinopec had Cooperate with Huawei and Wanbang Digital Energy Co., Ltd. in the field of charging piles. Beijing Petroleum Tower

According to 36Kr’s report, BMW launched an external tender for about 160GWh of battery orders at the beginning of this year, which were eventually won by Honeycomb Energy, CATL and Everwin Lithium Energy. Honeycomb Energy won an order for nearly 90GWh of BMW’s European region, while Ningde Times and Yiwei Lithium Energy will share nearly 70GWh of domestic orders. If estimated at 0.6 yuan per watt-hour, the value of BMW's order will reach 96 billion yuan. BMW has previously reached strategic cooperation with CATL and EV Lithium on large cylindrical batteries, so this additional order is reasonable. However, the nearly 70GWh orders given to the two companies this time are not limited to cylindrical batteries. According to the public information on this website, Honeycomb Energy was born out of Great Wall's power battery division in 2018 and is headquartered in Changzhou, Jiangsu.

DoNews reported on June 19 that LastPost learned that CATL announced a new organizational structure and reporting relationship adjustment last week. The adjustment mainly involves the manufacturing system of CATL. Before the adjustment, CATL's more than 40 factories were divided into six regions. Each region was responsible for a regional manager. The regional manager reported to Feng Chunyan, co-president of CATL's supply chain and operation system, and Feng Chunyan reported to the directors of CATL. Report by Chang Zeng Yuqun. After the adjustment, all CATL factories were reorganized into two major regions, domestic and overseas. An Guoping and Hua Xia, among the original regional managers, served as the heads of overseas and domestic manufacturing operations respectively, reporting directly to Zeng Yuqun. Feng Chunyan, the co-president who originally managed production and manufacturing operations in six regions, became the operating system of CATL (referring to the factory).