Whatco

CATL

Batteries for electric vehicles and energy storage · China

CATL is the world's largest maker of lithium-ion batteries: it sells battery systems to carmakers for electric vehicles and to power companies for energy storage, and recycles battery materials.

What makes it different

More than a third of the world's EV batteries are CATL's.

39.2%Global EV battery market shareFY2025

It has been the largest EV battery supplier every year since 2017, selling to most big carmakers.

How big it is

How big is CATL?

661Batteries soldFY2025
~185,839Employees2025
RMB423.7BRevenueFY2025
How it makes money FY2025

Three-quarters from electric-car batteries.

  • EV batteries75%RMB316.5B
  • Energy storage batteries15%RMB62.4B
  • Battery materials and recycling5%RMB21.9B
  • Battery mineral resources1%RMB6.0B
  • Other businesses4%RMB16.9B
How the business works

Make cells. Supply carmakers and grids.

  1. 1Battery cells at scale
  2. 2Carmakers and power grids
  3. 3Metals from old batteries

Its size lets it pass lithium price swings to customers, so revenue can fall while volumes and profit rise.

Who owns it
  • Xiamen Ruiting Investment Co., Ltd.22.04%
  • Hong Kong Securities Clearing Company (Stock Connect, A shares)19.33%
  • Huang Shilin9.09%

CEO: Zeng Yuqun (Robin Zeng)

Who it competes with
BYDLLG Energy SolutionPanasonicSSamsung SDI
Key moments
  1. 2011Founded in Ningde
  2. 2012Strategic partnership with BMW
  3. 2017World's largest EV battery maker for the first time
  4. 2018Listed on Shenzhen ChiNext
  5. 2025661 GWh sold and a record 39.2% global share
Sources

Every number on this page comes from CATL's own reports.

Full profile

The rest of the story is in the app.

What CATL tracks20 metrics
Lithium-ion batteries sold
Global EV battery market share
Energy storage batteries sold
Results, quarter by quarterwith a chart
Revenue
Profit
Margin
Where the money comes from2 regions
China (domestic)
Overseas
The full timeline14 moments
2022
2024
2026
CATL vs BYDside by side
Revenue
Profit
People
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