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CATL
Contemporary Amperex Technology Co. Limited (), abbreviated as CATL, is a Chinese battery manufacturer and technology company founded in 2011 that specializes in the manufacturing of lithium-ion batteries for electric vehicles and energy storage systems, as well as battery management systems (BMS). With a market share of 32.6% in 2021, CATL is the biggest lithium-ion battery manufacturer for EVs in the world, producing 96.7 GWh of the global 296.8 GWh, up 167.5% year on year. The company plans to have a manufacturing capacity target of >500 Gwh by 2025 and >800 Gwh by 2030. It is headquartered in Ningde, Fujian Province and operates manufacturing bases in Ningde, Fujian province; Xining, Qinghai province; Liyang, Jiangsu province; Yibin, Sichuan province; Zhaoqing, Guangdong province and in its first overseas plant located in Erfurt, Germany. Its four main R&D centers are based in Ningde, Fujian; Liyang, Jiangsu; Shanghai and Munich, Germany. History CATL was founded in Ningde, ...
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Robin Zeng
Zeng Yuqun, also known as Robin Zeng, is a Chinese billionaire entrepreneur. He is the founder and chairman of the battery manufacturer Contemporary Amperex Technology (CATL). Early life and education Zeng is from Fujian Province. He holds a Ph.D. in physics from the Institute of Physics, Chinese Academy of Sciences. Career In 1999, Zeng founded Amperex Technology Limited (ATL), a company manufacturing lithium polymer batteries. In 2005 ATL was acquired by Japan's TDK company, but Zeng continued as a manager for ATL. In 2012, Zeng and vice-chairman Huang Shilin spun-off the EV battery operations of ATL into the new company CATL, which manufactures lithium-ion rechargeable batteries and rose to become one of the world's leading manufacturers in the years that followed.Tyler-Dudley, Davis, et al.CATL: China’s Battery King. May 6, 2021 In 2017, the company went public on Shenzhen Stock Exchange The Shenzhen Stock Exchange (SZSE; ) is a stock exchange based in the ...
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Huang Shilin
Huang Shilin (born 1967) is a Chinese billionaire and businessman, a vice chairman of Contemporary Amperex Technology (CATL), which is one of the world's largest battery suppliers for the electric vehicle industry. As of 2018, Huang owned 12% of the company. Shilin holds a B.A. degree from the Hefei University of Technology Hefei University of Technology () is a key university in China, with particular strength in Engineering and Management Science. Located in Hefei, the capital of the Anhui Province, it is also a Chinese state Double First Class University Plan u .... Huang Shilin made the 2022 Forbes Billionaires List with an estimated wealth of $20.3 billion and occupied the 79th position. References 1967 births Living people Chinese businesspeople Chinese billionaires 20th-century Chinese businesspeople 21st-century Chinese businesspeople {{PRChina-business-bio-stub ...
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Ningde
Ningde (; Foochow Romanized: Nìng-dáik), also known as Mindong (; Foochow Romanized: Mìng-dĕ̤ng; lit. East of Fujian), is a prefecture-level city located along the northeastern coast of Fujian province, People's Republic of China. It borders the provincial capital of Fuzhou to the south, Wenzhou (Zhejiang) to the north, and Nanping to the west. Ningde is listed No.2 in China Integrated City Index 2016's environmental ranking, a study conducted by the National Development and Reform Commission. The prefecture-level Ningde City administers 1 district, 2 cities, 6 counties, as well as 124 towns, townships and subdistricts. Listed below are the district, cities and counties, first four of which are coastal whereas the rest locate in mountainous areas. Situated roughly north of the Tropic of Cancer, the prefecture of Ningde spans in land area. Like the rest of the province, Ningde sits in a mountainous region but it also enjoys almost of coastline facing the East China Sea. E ...
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Fujian Province
Fujian (; alternately romanized as Fukien or Hokkien) is a province on the southeastern coast of China. Fujian is bordered by Zhejiang to the north, Jiangxi to the west, Guangdong to the south, and the Taiwan Strait to the east. Its capital is Fuzhou, while its largest city by population is Quanzhou, both located near the coast of the Taiwan Strait in the east of the province. While its population is predominantly of Chinese ethnicity, it is one of the most culturally and linguistically diverse provinces in China. The dialects of the language group Min Chinese were most commonly spoken within the province, including the Fuzhou dialect of northeastern Fujian and various Hokkien dialects of southeastern Fujian. Hakka Chinese is also spoken, by the Hakka people in Fujian. Min dialects, Hakka and Mandarin Chinese are mutually unintelligible. Due to emigration, a sizable amount of the ethnic Chinese populations of Taiwan, Singapore, Malaysia, Indonesia, and the Philippines ...
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Fujian
Fujian (; alternately romanized as Fukien or Hokkien) is a province on the southeastern coast of China. Fujian is bordered by Zhejiang to the north, Jiangxi to the west, Guangdong to the south, and the Taiwan Strait to the east. Its capital is Fuzhou, while its largest city by population is Quanzhou, both located near the coast of the Taiwan Strait in the east of the province. While its population is predominantly of Chinese ethnicity, it is one of the most culturally and linguistically diverse provinces in China. The dialects of the language group Min Chinese were most commonly spoken within the province, including the Fuzhou dialect of northeastern Fujian and various Hokkien dialects of southeastern Fujian. Hakka Chinese is also spoken, by the Hakka people in Fujian. Min dialects, Hakka and Mandarin Chinese are mutually unintelligible. Due to emigration, a sizable amount of the ethnic Chinese populations of Taiwan, Singapore, Malaysia, Indonesia, and the Philippines ...
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Electric Vehicle
An electric vehicle (EV) is a vehicle that uses one or more electric motors for propulsion. It can be powered by a collector system, with electricity from extravehicular sources, or it can be powered autonomously by a battery (sometimes charged by solar panels, or by converting fuel to electricity using fuel cells or a generator). EVs include, but are not limited to, road and rail vehicles, surface and underwater vessels, electric aircraft and electric spacecraft. For road vehicles, together with other emerging automotive technologies such as autonomous driving, connected vehicles and shared mobility, EVs form a future mobility vision called Connected, Autonomous, Shared and Electric (CASE) Mobility. EVs first came into existence in the late 19th century, when electricity was among the preferred methods for motor vehicle propulsion, providing a level of comfort and ease of operation that could not be achieved by the gasoline cars of the time. Internal combustion engin ...
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Electric Vehicle
An electric vehicle (EV) is a vehicle that uses one or more electric motors for propulsion. It can be powered by a collector system, with electricity from extravehicular sources, or it can be powered autonomously by a battery (sometimes charged by solar panels, or by converting fuel to electricity using fuel cells or a generator). EVs include, but are not limited to, road and rail vehicles, surface and underwater vessels, electric aircraft and electric spacecraft. For road vehicles, together with other emerging automotive technologies such as autonomous driving, connected vehicles and shared mobility, EVs form a future mobility vision called Connected, Autonomous, Shared and Electric (CASE) Mobility. EVs first came into existence in the late 19th century, when electricity was among the preferred methods for motor vehicle propulsion, providing a level of comfort and ease of operation that could not be achieved by the gasoline cars of the time. Internal combustion engin ...
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Munich
Munich ( ; german: München ; bar, Minga ) is the capital and most populous city of the States of Germany, German state of Bavaria. With a population of 1,558,395 inhabitants as of 31 July 2020, it is the List of cities in Germany by population, third-largest city in Germany, after Berlin and Hamburg, and thus the largest which does not constitute its own state, as well as the List of cities in the European Union by population within city limits, 11th-largest city in the European Union. The Munich Metropolitan Region, city's metropolitan region is home to 6 million people. Straddling the banks of the River Isar (a tributary of the Danube) north of the Northern Limestone Alps, Bavarian Alps, Munich is the seat of the Bavarian Regierungsbezirk, administrative region of Upper Bavaria, while being the population density, most densely populated municipality in Germany (4,500 people per km2). Munich is the second-largest city in the Bavarian dialects, Bavarian dialect area, ...
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Corporate Spin-off
A corporate spin-off, also known as a spin-out, or starburst or hive-off, is a type of corporate action where a company "splits off" a section as a separate business or creates a second incarnation, even if the first is still active. Characteristics Spin-offs are divisions of companies or organizations that then become independent businesses with assets, employees, intellectual property, technology, or existing products that are taken from the parent company. Shareholders of the parent company receive equivalent shares in the new company in order to compensate for the loss of equity in the original stocks. However, shareholders may then buy and sell stocks from either company independently; this potentially makes investment in the companies more attractive, as potential share purchasers can invest narrowly in the portion of the business they think will have the most growth. In contrast, divestment can also sever one business from another, but the assets are sold off rather t ...
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Rare-earth Element
The rare-earth elements (REE), also called the rare-earth metals or (in context) rare-earth oxides or sometimes the lanthanides (yttrium and scandium are usually included as rare earths), are a set of 17 nearly-indistinguishable lustrous silvery-white soft heavy metals. Compounds containing rare earths have diverse applications in electrical and electronic components, lasers, glass, magnetic materials, and industrial processes. Scandium and yttrium are considered rare-earth elements because they tend to occur in the same ore deposits as the lanthanides and exhibit similar chemical properties, but have different electronic and magnetic properties. These metals tarnish slowly in air at room temperature and react slowly with cold water to form hydroxides, liberating hydrogen. They react with steam to form oxides, and at elevated temperature (400°C) ignite spontaneously. These elements and their compounds have no biological function other than in several specialized enzymes, s ...
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Supply Chain
In commerce, a supply chain is a network of facilities that procure raw materials, transform them into intermediate goods and then final products to customers through a distribution system. It refers to the network of organizations, people, activities, information, and resources involved in delivering a product or service to a consumer. Supply chain activities involve the transformation of natural resources, raw materials, and components into a finished product and delivering the same to the end customer. In sophisticated supply chain systems, used products may re-enter the supply chain at any point where residual value is recyclable. Supply chains link value chains. Suppliers in a supply chain are often ranked by "tier", with first-tier suppliers supplying directly to the client, second-tier suppliers supplying to the first tier, and so on. Overview A typical supply chain begins with the ecological, biological, and political regulation of natural resources, followed by the ...
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LG Chem
LG Chem Ltd. (Korean: LG화학), often referred to as LG Chemical, is the largest Korean chemical company and is headquartered in Seoul, South Korea. It was the 10th largest chemical company in the world by sales in 2017. It was first established as the Lucky Chemical Industrial Corporation, which manufactured cosmetics. It is now solely a business-to-business company (consumer products division was spun off into LG Household & Health Care). The company has eight factories in South Korea and a network of 29 business locations in 15 countries. This network includes a holding company in China, 14 overseas manufacturing subsidiaries, five marketing subsidiaries, seven representative offices, and two R&D centers. The ''Financial Times'' reported on April 2, 2017, that LG Chem would be expanding battery production in China. At the time, China accounted for one-third of the company's total sales. In April 2019, LG Chem sued rival SK Innovation for allegedly stealing trade secrets for ...
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