CATL

“The top 10 manufacturers of lithium ion batteries are all based in Asia. Which is pretty interesting. So not all based in China. So this is the interesting dynamic about battery manufacturing at the moment. It is, yes, CATL, which is a Chinese company, is the …”

“And at that point, we're going to have the LG GM Ultium joint venture making over a hundred gigawatt hours of batteries throughout this country. LG Stellantis will be making 35 gigawatt hours. Stellantis Samsung STI will be making another 30. And then Ford wil…”

“So the subsidies from the last decade They've helped to build up these big companies that we know, BYD, CATL, Eve Energy, etc. But they're not fundamental in this, you know, in the way that people think they are to the kind of low-cost structure that we're see…”

“There were probably close to 100 Chinese battery manufacturers, and today there's 10 that, that matter and that do it at scale, and really there's two that, that completely dominate the industry, and that's BYD and CATL.”

“The emergence of CATL, which was essentially a company that was really invented in the back rooms of the industrial governmental complex in, in China about 12 years ago that, and it essentially just, you know, it followed the plan perfectly and is now the larg…”

“Robin Zhang, the chairman and CEO of CATL, announced basically last November that he expects Sodium Mines to take up to half of LFP's market share.”

“Ford has basically said, we're moving ahead with this three billion dollar battery plant in Michigan, where they're licensing lithium iron phosphate technology from CATL, the Chinese battery giant.”

“CATL is been very vocal about their hybrid pack technology where they're using, I think it's a layered oxide based sodium ion, but they basically have some portion of a vehicle pack that is sodium for primarily for power and for cold weather performance, and t…”

“I think there is a degree of hype that is warranted, largely because it seems pretty clear that some of the big Chinese manufacturers, CATL included, are investing a lot in sodium ion and are actually deploying.”