CATL continues reign as the world’s largest EV battery manufacturer for a fifth straight year
New data from a South Korean research firm shows that EV battery manufacturer CATL is once against the largest in the world by installed battery capacity. The company saw growth over 165% compared to 2020 and holds the title of world’s largest battery manufacturer for the fifth year in a row.
Contemporary Amperex Technology Co Ltd., better known as CATL, is a global energy technology company and the leading EV battery manufacturer in China. As a supplier to major EV automakers like Tesla, CATL has plenty of clients demanding its products, helping the company grow its capacity of installed EV batteries.