CATL Starts Factory Construction in Germany to Achieve 14 GWh Capacity of Lithium-Ion Cells

On October 21, Contemporary Amperex Technology Co. Limited (CATL) has started construction of its first overseas battery manufacturing plant in Thuringia, Germany, intends to reach a production capacity of 14 GWh of lithium-ion cells and modules annually in 2022. According to the plan, the plant has a construction area of 23 hectares. The production line includes batteries and module products. After the project completed, it will become the largest lithium-ion cells in Germany, and it is also the largest production greenfield investment project invested by China in Germany.

This intelligent factory is designed and developed to root deeply in Europe and work closely with customers to provide clean and reliable power for electromobility. To enable the highly efficient production, a comprehensive support team will be developed in Thuringia, including logistics, quality management, operations maintenance, and local purchasing and development departments.

Speaking of cars with a good reputation, people may think of German and Japanese, but not with American cars. American cars are still selling well in China and the US, but from a global perspective, the sales profits of German and Japanese cars are far higher. First, German cars possess a strong sense of control and the overall texture of the vehicle. Second, the German cars own both the simplicity of Japanese cars and strong driving performance. Third, the redundancy of German cars is very large, which reduces manufacturing costs.

Matthias Zentgraf, co-president of CATL in Europe, said that Germany has a solid foundation in the automotive industry, and the combination of Germany's industrial tradition and the company's tradition of innovative battery technology will greatly accelerate the electrification of the automotive industry in Europe.

In terms of technical research, the ternary battery of CATL owns the characteristics of high energy density and low production cost and quickly gains market recognition. For the business model, the company only produces power batteries, which has more advanced production than BYD. The cost of BYD's lithium iron phosphate battery products is lower, while its endurance performance is also poor. CATL batteries’ performance is good and overall cost-effective. With the development of technology and the improvement of consumption levels, high-end lithium-ion cells are increasingly favored in daily life.

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