China’s battery giant cat is spreading worldwide: here is why it is important

The largest electric vehicle in the world (EV) is the largest battery manufacturer in international dissemination and the process of EV in the process, with the reuse of battery exchange technology.

China’s Amperex Contemporary Technology Co. Ltd. (CATL) is key to the global transition of more sustainable transport in the market share sector Approximately 38%. Catl’s customers are global players Tesla, Volkswagen and BmWith the company Proudly Further away than western competitors.

Despite the impact of the EV industry, the company mostly flew under the radar until May, the largest public offer of 2025 (IPO) until today.

The IPO rose 41 trillion Hong Kong Kong ($ 5.2 billion dollars), after surpassing Catl Stocks and was completely used option of excessive allocation.

Here are Catl following his IPO.

The company’s 7.6 million euros ($ 8.2 billion) The investment of the battery plant of the Battery plant was first announced in August 2022 and It is expected to start production This year.

The battery manufacturer has established a manufacturing basis that is already owned in Germany, the first time opened in 2023. In Spain, it has also announced the plans for building battery plant Joint venture with Stars.

Bill Russo, Director General of Investment Advisory Automotive, are designed to maintain Catl’s expansion plans to maintain its leadership and global scale, referring to the moment of limited growth in the home market and ascending competition.

“The advantage of Catl’s Miver helps to block long-term contracts, and the power of prices is stronger in Europe, supports higher margins compared to China,” Russok CNBC said via email.

“Hungarian plant is a strategic gateway in the EU market,” he added. “Hungary offers the proximity of major works, government incentives and lower labor costs. It has become an attractive site for Chinese EV and battery players in Europe,” he added.

Catl’s global investment continues the trend of more Chinese EV companies, including automatic giant, changing Europe, including aggressive competition and pricing wars.

Tianjin, China, talking about the World Economic Forum, Me Jun, Catl Manufacturing Managing Director, discount war wars would not end without intervening of Beijing.

He added, if a great player continues to cut the prices, that other competitors can leave out of the market and create a monopoly. Catl’s June did not name any companies, Catl’s main competitor Announces price cuts at the end of May.

In China’s margin and excessions of Catl’s Push, Tu Le Le, Sino Auto Insight CEO, is already supplying the company’s EV almost “in China, limiting home growth options.

But in Europe everything has not been easy. Located in Bloc Made in-China Punished Rates for EVS Following Following Last Last Severe crack In the US

The Lek said that Hungary facility is another important step to the company’s localization plans and will bring geopolitically friendly work compared to Germany.

Catl is also involved Integrated electric vehicle battery project Indonesian. According to local media reports, government officials expect to start production in March 2026, which could give the presence of CATL growing market In Southeast Asia.

Catl said in a recent interview Financial Times It also intends to recycle technology for exchange and recycling to Europe in a movement that may have significant ramifications for the regional market. CNBC has contacted Catle for more details.

Modern battery exchanging technology, although known in China, is removed in Europe. China’s EV manufacturer and battery exchange is a pioneer. The company has introduced 60 battery exchange stations in Germany, the Netherlands, Norway, Sweden and Denmark.

Jeep and Dodge Maker Stellantis, on the other hand, has recently been widely based on the US, integrating battery exchange technology in Madrid, Spain.

The experience of using the Battery Swap station is similar to using an automated car. The EV driver parks the car on a platform with an integrated system, which removes the depleted battery under the vehicle and is fully charged. The whole process takes about five minutes.

Loading of battery charging through exchange station says that technology solves a variety of topics, especially with two main rapid loading and long-term performance points for EVS.

Analysts say is another advantage about exchanging.

However, some inconveniences, however, are high cost infrastructure and lack of standardization among car manufacturers.

Connor Watts, Battery raw materials, ConsulCancy Fastmarkes, Catl, has many collaborations with Chinese OEMs, is well located to establish standardization levels of customer base products.

“And especially following the newest income in the Hong-Kong list, it has the necessary capital to develop infrastructure within the European market,” Watts CNBC said via email.

“Among companies that can be successful in the development of the battery industry, no more positioned Catl considering their market position,” he added.

Julia Poliscanova, General Manager of Vehicles and E-Mobility In the transport and the environment, say that the main carmingers should agree on a standardized cell design for battery exchange technologies to work on a scale in Europe.

“Battery exchanges is added to the loading space, and it makes sense in some parts of the market … but it’s not a silver bullet to solve our problems,” Poliscanova said CNBC said the CNBC.

“We still need batteries and we will still need materials for them, whether they have changed in the car definitively,” he added.