CATL, the world’s leading battery manufacturer, has officially unveiled its new battery production base in Guian New District, located in the scenic southwest region of Guizhou Province, China. Covering an area of 0.95 square kilometers, the facility has already begun operations with its first phase fully functional.
High-Tech Manufacturing and Impressive Efficiency
The first phase of the Guian facility spans 590,000 square meters and represents an investment of RMB 7 billion (approximately $960 million). This cutting-edge plant boasts an automation rate of 95%, allowing it to produce one battery cell every second and assemble a complete battery pack in just 2.5 minutes.
With this level of automation and efficiency, CATL continues to demonstrate its leadership in advanced battery manufacturing technology. The initial phase provides an annual production capacity of 30 GWh, and once the second phase is complete, total output will double to 60 GWh per year.
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CATL’s Global Market Leadership
According to SNE Research, a South Korean market analytics firm, CATL maintained a global market share of 36.9% between January and August, making it the largest battery producer in the world. Impressively, CATL is the only company to surpass the 30% global market share mark during that period.
Financial Performance and Market Trends
Despite its dominance, CATL experienced a 4.3% quarter-on-quarter decline in net profit during Q3. However, the company still posted a robust RMB 10.43 billion profit, marking a 10.7% year-on-year increase.
Domestically, CATL’s market share has seen a slight dip. Data from the China Automotive Battery Innovation Alliance (CABIA) shows that as of September, the company’s share fell to 39.41%, dropping below the 40% threshold for the first time since April of last year.
Driving the Future of Battery Innovation
With its new Guizhou battery base, CATL reinforces its global dominance while expanding production capacity to meet rising demand for electric vehicle batteries. The company’s commitment to innovation, automation, and large-scale efficiency continues to shape the future of EV battery technology worldwide.
