[KongchangAI]
CompanyCATL

CATL (Contemporary Amperex Technology Co., Limited)

A leading Chinese manufacturer of new-energy batteries and the world's largest supplier of power batteries for electric vehicles. The company has also made investments in technology sectors including artificial intelligence.

Timeline (last 90 days)

Oct 14

DeepSeek's new investors in this round include Shixi Capital, SMIC Capital, CPE Yuanfeng, Legend Capital, and Geely, mainly industrial investors; CATL, Tencent, IDG Capital, Lisi Capital, and Shixiang Capital, which joined the first round, are also on this round's list, with CATL planning to add about 10 billion yuan (about 5 billion yuan in the first round).

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Oct 12

Li Auto makes clear that self-development and external sourcing are not an either-or choice; CATL and Sunwoda are both important partners, and at this stage it still retains a diversified supply chain strategy.

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Oct 12

The Li Auto ONE was jointly developed with CATL and launched the industry's first range-extender large battery in 2019.

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Oct 12

Li Auto MEGA users who locked in their orders before 15:00 on September 7 will still have their first batch of vehicles use CATL 5C ternary lithium batteries; users who lock in orders after 15:00 enter the delivery batch equipped with Li Auto's self-developed 5C ternary lithium battery, with deliveries expected to begin in November.

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Oct 12

The all-new Zhiji LS6 is equipped with a CATL 93-degree battery, with reliability reaching the PPB aviation grade, and features an ultra-fast cutoff device that can cut power within milliseconds when a risk is detected.

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Oct 12

Avatr Technology is a high-end smart electric vehicle brand jointly founded in 2018 by Changan Automobile, Huawei, and CATL, and was formerly Changan NIO.

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Oct 12

In Avatr's equity structure, Changan Automobile is the largest shareholder, Huawei provides full-stack solutions such as the smart cockpit and intelligent driving, and CATL is responsible for the power battery.

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Oct 12

The entire Galaxy Battleship 700 lineup comes standard with a 47 kWh battery, CATL cells, and peak 6C fast charging.

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Oct 8

CATL and Tencent are the highest-contributing investors in this domestic large model company's current funding round.

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Oct 8

Chinese companies such as CATL and BYD share production capacity between electric vehicles and energy storage, forming economies of scale, which is one of the core drivers of LFP price declines.

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7 more timeline events

All Facts (17)

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DeepSeek's new investors in this round include Shixi Capital, SMIC Capital, CPE Yuanfeng, Legend Capital, and Geely, mainly industrial investors; CATL, Tencent, IDG Capital, Lisi Capital, and Shixiang Capital, which joined the first round, are also on this round's list, with CATL planning to add about 10 billion yuan (about 5 billion yuan in the first round).

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Unverified

Li Auto makes clear that self-development and external sourcing are not an either-or choice; CATL and Sunwoda are both important partners, and at this stage it still retains a diversified supply chain strategy.

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Unverified

The all-new Zhiji LS6 is equipped with a CATL 93-degree battery, with reliability reaching the PPB aviation grade, and features an ultra-fast cutoff device that can cut power within milliseconds when a risk is detected.

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Unverified

In Avatr's equity structure, Changan Automobile is the largest shareholder, Huawei provides full-stack solutions such as the smart cockpit and intelligent driving, and CATL is responsible for the power battery.

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Unverified

Avatr Technology is a high-end smart electric vehicle brand jointly founded in 2018 by Changan Automobile, Huawei, and CATL, and was formerly Changan NIO.

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Unverified

The entire Galaxy Battleship 700 lineup comes standard with a 47 kWh battery, CATL cells, and peak 6C fast charging.

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Unverified

CATL and Tencent are the highest-contributing investors in this domestic large model company's current funding round.

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Unverified

Chinese companies such as CATL and BYD share production capacity between electric vehicles and energy storage, forming economies of scale, which is one of the core drivers of LFP price declines.

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The largest investors in DeepSeek's current funding round are Tencent and CATL, with a potential valuation of $71 billion.

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Key factors driving battery cost reductions include the shift in cathode materials from cobalt-dependent chemistries to lower-cost systems such as lithium iron phosphate (LFP), improvements in cell manufacturing yield rates, and the construction of ultra-large-scale production capacity by leading battery manufacturers such as CATL and LG Energy Solution.

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CTP technology can increase the volumetric utilization of battery packs from the traditional 40%–50% to over 60%–70%.

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Li Auto MEGA users who locked in their orders before 15:00 on September 7 will still have their first batch of vehicles use CATL 5C ternary lithium batteries; users who lock in orders after 15:00 enter the delivery batch equipped with Li Auto's self-developed 5C ternary lithium battery, with deliveries expected to begin in November.

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The Li Auto ONE was jointly developed with CATL and launched the industry's first range-extender large battery in 2019.

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DeepSeek's new funding round is reportedly close to being finalized at a scale of at least 80 billion yuan, higher than the original target of approximately 50 billion yuan, with Tencent and CATL reportedly as the main investors, and an IPO planned for early 2027.

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In mid-2026, DeepSeek completed its first external funding round of approximately $7.4 billion, setting a record for Chinese startups, with a valuation approaching $50 billion, and investors reportedly including Tencent and CATL.

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In this financing round, Tencent contributed approximately 10 billion, CATL 5 billion, JD.com 3 billion, NetEase 3 billion, IDG 3 billion, and the National AI Industry Fund 1 billion.

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CTP technology was first proposed by CATL in 2019.

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