Ningde era won the 2017 global lithium-ion battery sales championship, will become the battery unicorn?

As the leading player in the lithium power industry in China, Contemporary Amperex Technology Co., Limited (CATL) secured the top position in the global lithium-ion battery sales chart in 2017. China’s lithium battery technology has not only surpassed Japan and South Korea but is now emerging as a dominant force in the global lithium-ion battery sector. As a result, CATL, representing the new era of China's most critical equipment, has taken center stage in the second season of the acclaimed TV series "Great Power." With the recognition from "Great Power," many are wondering if CATL will soon become the next big name in the automotive battery industry, like Japan and South Korea. According to Xinhua News, CATL recently secured a major contract with the Volkswagen Group for its MEB electric vehicle platform, becoming one of its key power battery suppliers. The competition included top global players such as LG, Samsung, and Panasonic, along with domestic companies like Lishen. In the end, CATL won the bid, becoming the preferred supplier for Volkswagen’s MEB platform, which will be used across various models. Despite the buzz, CATL remains relatively quiet on the matter. A source from the company told reporters that they were still in a low-profile phase and were unable to comment further. (Information sourced from "Born News") This news about CATL's breakthrough in the power battery sector has generated significant interest. To better understand the context, it's essential to first explore the MEB platform. The MEB (Modular Electric Drive) platform is a revolutionary modular system developed by Volkswagen specifically for electric vehicles. It offers high scalability, allowing for a wide range of models, from compact SUVs to mid-size sedans. Volkswagen sees the MEB as a strategic move following the Dieselgate scandal, aiming to solidify its position in the electric vehicle market. On March 5, just before the Geneva Motor Show, Volkswagen unveiled five new models, including the I.D. Vizzion, based on the MEB platform. With a range exceeding 650 kilometers, this concept car features advanced Level 5 autonomous driving technology, no steering wheel or dashboard, and a 111kWh battery pack. The placement of the battery at the bottom of the vehicle improves space utilization, lowers the center of gravity, and enhances weight distribution. The dual-motor setup delivers up to 225 kW of power, making it a strong contender in the EV space. In short, the MEB platform is set to become a symbol of Volkswagen’s future in China—much like how the Santana represented the brand in the 80s and 90s, and the Passat in the past decade. By 2020, the I.D. series will likely take the spotlight. In January, Feng Sihan, head of Volkswagen China, stated that the MEB platform would be localized by 2020, with eight models produced locally between 2020 and 2022. By 2025, Volkswagen plans to launch nearly 40 locally produced new energy vehicles, significantly increasing the demand for power batteries. This means CATL and other suppliers will need to scale up their production to meet these needs. Volkswagen has also committed to investing 20 billion euros to accelerate electrification. The goal is to sell 3 million electric vehicles annually by 2025, with the I.D. family accounting for a third of that. In China alone, the target is 650,000 units. To support this, Volkswagen needs over 150 GWh of battery capacity, prompting them to seek partners globally. Looking back at CATL's journey, the company was founded in 2011 in Ningde, Fujian. Specializing in power battery systems and energy storage solutions, CATL has grown rapidly. In 2015 and 2016, it ranked among the top three globally. In 2017, it was second in global shipments, trailing only Panasonic. With a valuation of over 135 billion yuan, CATL has expanded its production bases and R&D centers worldwide. CATL's customer base includes over 40 automakers, such as SAIC, Geely, BMW, and Mercedes-Benz. It has captured a large share of the Chinese new energy vehicle market and is expanding internationally. Its partnerships with major OEMs have positioned it as a key player in the global EV supply chain. With its technological edge, capital support, and growing international presence, CATL is preparing for global expansion. Plans include setting up a factory in Europe, with Germany, Hungary, and Poland under consideration. Internally, the implementation of the dual credit policy in 2018 has pushed Chinese automakers toward electric vehicles, while external factors like strained relations with South Korean suppliers have further strengthened CATL’s position. Currently, CATL faces limited competition in the power battery sector. Its recent win with Volkswagen’s MEB project has elevated its status, making it a rising unicorn in the industry. There may even be government support behind this success, given the significance of the "Great Power" program. What lies ahead for CATL remains uncertain, but the market and time will ultimately decide its fate.

Stainless Steel Phone Case

stainless steel phone cases for sale,custom stainless steel cell phone case,stainless steel cell phone case bulk,safest phone cases

Dongguan Yingxin Technology Co., Ltd. , https://www.dgyingxintech.com