According to new news, CATL has obtained 8.6 billion "special supply" orders from US companies and has officially entered the North American market. Can the reversal of the situation help CATL establish its advantages? Does it mean that you no longer have to consider building a factory in the United States?
What does CATL make its fortune
CATL’s success can be traced back to the era of two-wheeled electric vehicles. After entering the 21st century, many cities launched a ban on motorcycles. At that time, public transportation was not perfect, and electric vehicles became a necessary tool for commuting. CATL also made a lot of money and had enough R&D funds to deepen its efforts in the field.
Nowadays, new energy vehicles have become the hot spot. Many companies such as Huawei , Evergrande have crossed the border and entered the ranks of car manufacturing. The strong rise of Tesla has also allowed more capitalists to see hope. After years of industry layout, a trillion-dollar market has been created.
There are big differences between new energy vehicles and fuel vehicles. They are completely different in the three major components. The most important one is naturally the battery. Although there are many battery manufacturers around the world, there are only a handful of those who can meet the needs of car manufacturing. Domestic manufacturers BYD and CATL have also caught up with the trend of the times and become the leader in the field.
Now BYD Auto has been sold at home and abroad, especially buses are everywhere in the European and American markets, and the overseas version is much more expensive than in China. It was once defined as a high-end brand overseas and became Tesla's biggest rival, which also helped the Chinese people feel angry and was once named "national enterprise".
But compared to BYD, the difference is that CATL does not have its own car brand and can only rely on orders from other manufacturers in terms of revenue. Therefore, there is great pressure in operation. This is why we have to try our best to build factories in the United States and grasp Tesla's orders. Fortunately, top technology guarantees market share. CATL battery cell technology is the top in the industry. According to official data, in the first eight months of this year, the installed battery capacity of increased by 114.7% year-on-year, with a market share of 35.5%. In the first three quarters, the profit was expected to reach about 18 billion, and the year-on-year growth rate reached about 130%. The technical advantages of
also allowed CATL to firmly sit in the position of the world's number one battery manufacturer. Many countries have plans to invite factories to build factories. Previous plans to build factories in the United States have been put on the agenda, but due to relevant restrictions, the cooperation between the two parties was temporarily shelved, but CATL immediately announced the Hungarian factory building plan to accelerate the globalization layout.
received a special order for US companies
It is reported that CATL has signed a supply contract with US company Primergy. The main business of this company is photovoltaic and other energy storage development, so there is also a great demand for batteries. The two parties signed a "special supply" order, with a total value of US$1.2 billion, which is about 8.6 billion yuan. Although the order is not too large, it has actually entered the US market.
Under relevant restrictions, after TSMC went to the United States to build a factory, it directly lost its free shipping rights. South Korea's new energy battery project jointly operated by LG and General were required to share all experimental data, and advanced technology may be misappropriated at any time. Obviously, CATL also has certain concerns about building a factory in the United States.
The previous cooperation agreement with Tesla was also revealed. The factories that were deployed in the United States must not only be built according to the requirements, but also can only be specially supplied to Tesla for use. CATL almost accepted such an unequal treaty. Fortunately, he hesitated at the last moment and invested the funds in the construction of the Hungarian factory.
The United States is currently promoting the layout of new energy vehicles at full speed, claiming to achieve a 50% coverage rate by 2030. Obviously, it is impossible to achieve it with one Tesla company. It may introduce more new energy vehicle companies, and there are only a few battery suppliers, which may be an opportunity for Chinese companies.
This time, CATL did not go to the United States to build a factory, but instead received orders from US companies. From a certain level, the United States has already compromised. Faced with the new energy vehicle market that is eager to deploy, it is likely to be relaxed in some restrictions. CATL may not need to continue to go to the United States to build a factory, which can better control the future situation.
has successively built factories in Germany and Hungary, and has been able to control the global market well. With the advanced technologies of CATL and BYD, it is fully capable of building a domestic system. You don’t have to worry about them with core technologies in hand. What do you think about this?
