Overview Key strengths Key risks Solid global market position in the motive battery industry. Intensifying market competition with acceleration of investment by global players. Above-industry profitability despite lower battery ASP and rising material costs. Fast-changing battery technology may disrupt the market landscape. Sustained net cash position to absorb rising capex amid the exponential growth phase. Contemporary Amperex Technology Co. Ltd. (CATL) will solidify its leading market position over the next two years. The company is the world's largest lithium-ion motive battery supplier by shipment volume with 31.2% of global market share in the first five months of 2021 and 49.1% of market share by battery installation in China in the first half of 2021. CATL has a good reputation for
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Bulletin: CATL Equity Issuance To Boost Coffers For Electrification Wave – 2021/08/15 – Free
Bulletin: Contemporary Amperex Technology's Fast Growth To Boost Rating Buffer – 2021/08/26 – Free
Contemporary Amperex Technology Co. Ltd. – 2022/05/23 – US$ 500.00
Bulletin: Contemporary Amperex Technology's Capacity Expansion Supported By Margin Recovery – 2022/08/24 – Free
Research Update: Contemporary Amperex Technology Outlook Revised To Positive On Rising Business Opportunities; 'BBB+' Rating Affirmed – 2023/04/24 – US$ 225.00
Bulletin: Contemporary Amperex Technology Set To Ride Electrification Trend – 2021/04/29 – Free
Research Update: China-Based Contemporary Amperex Technology Assigned 'BBB+' Rating With Stable Outlook; Proposed Bonds Rated 'BBB+' – 2020/09/06 – US$ 225.00
Contemporary Amperex Technology Co. Ltd. – 2020/09/06 – US$ 500.00
China-Based Contemporary Amperex Technology Assigned 'BBB+' Rating With Stable Outlook; Proposed Bonds Rated 'BBB+' – 2020/09/06 – US$ 150.00
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