{"id":652,"date":"2025-02-21T07:26:48","date_gmt":"2025-02-21T07:26:48","guid":{"rendered":"https:\/\/cleantechnica.com\/?p=343432"},"modified":"2025-02-21T07:26:48","modified_gmt":"2025-02-21T07:26:48","slug":"catl-prepares-to-add-grid-storage-ev-platforms-to-its-portfolio","status":"publish","type":"post","link":"https:\/\/demo4.dedicatedhost247.com\/green\/green-news\/catl-prepares-to-add-grid-storage-ev-platforms-to-its-portfolio\/","title":{"rendered":"CATL Prepares To Add Grid Storage & EV Platforms To Its Portfolio"},"content":{"rendered":"

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CATL is the largest lithium-ion battery manufacturer in the world. It currently supplies 37 percent of all the batteries used in electric vehicles, but it is not resting on its laurels. Its founder, Robin Zeng, intends to reinvent the company as a green energy provider. He also plans to slash the cost of developing electric vehicles in a way that could upend the very industry that has powered its growth. Zeng told Reuters<\/a><\/em> in an interview that he expects the business of developing and managing \u201czero carbon\u201d electric grids could create a business that is \u201cten times\u201d larger than supplying batteries for EVs. He said CATL aims to build independent energy systems big enough to power a massive data center or even a city (some data centers use more electricity than an entire city).<\/p>\n

In another strategic move, Zeng said CATL plans to offer an off-the-shelf electric car platform with an integrated long-range battery. The platform would contain everything needed to make a running vehicle. Customers would only need to design and build the interior and exterior. His goal is to sharply reduce electric car development costs by a factor of ten so it would only cost a few million dollars to bring new brands and models to market rather than a few billion. That would open the auto industry to new competitors, which should spur innovation and reduce costs to consumers.<\/p>\n

CATL Is Ready To Invest In The US<\/h3>\n

In an exclusive interview with Reuters<\/em> in China on November 7, 2024, Zeng also discussed his company\u2019s readiness to invest in the United States<\/a>, the path to profit for its European factories, and why the industry\u2019s fixation on so-called solid state batteries is misplaced.<\/p>\n

Trump wants to prevent Chinese auto imports but has said he remains open to Chinese automakers building vehicles in the United States. Such comments have kept Zeng interested in a US expansion for CATL. \u201cI do hope that in the future they are open to investments,\u201d he said.<\/p>\n

The CATL energy storage business grew 33 percent last year, a significantly faster growth rate than its EV battery business. But Zeng sees a much bigger opportunity for CATL by supplying renewable energy grid systems that incorporate battery storage<\/a> and vehicle-to-grid systems that integrate the batteries in electric cars into the local grid. He said the company intends to go well beyond energy storage and get into power generation as well. CATL would partner with providers of solar panels and wind turbines, Zeng said.<\/p>\n

\u201cA lot of the data center companies are asking me, \u2018Hey, Robin, can you really do it 100% green?’\u201d he said, \u201cThey have money, but they don\u2019t have the technology.\u201d He describes some of them as \u201cgiant companies.\u201d Make of that what you will. CATL is planning a pilot project in the Democratic Republic of the Congo with CMOC Group, a Chinese mining company that CATL has invested in. The company is also working with Hainan, an island province off China\u2019s southern coast, on a long-term project that would combine energy storage with solar and offshore wind turbines.<\/p>\n

Panshi EV Platform<\/h3>\n

CATL has developed an EV platform with a battery capable of driving more than 800 km (497 miles) on a single charge. The battery is integrated into the chassis in a way that protects it from damage in accidents, Zeng said. That project is codenamed \u201cpanshi,\u201d which translates as \u201cbedrock\u201d in Chinese. Some readers with a madcap sense of humor may find that mildly interesting, given that the Flintstones featured people-powered transportation platforms for the residents of Bedrock.<\/p>\n

The \u201cpanshi\u201d project has not been formally announced, but CATL has started marketing the platform to customers. Reuters<\/em> reporters saw a demonstration version of the EV platform at CATL\u2019s headquarters on display for customers and staff. Zeng said this would make it possible for a niche EV firm to make a profit by selling just 10,000 cars a year. CATL has shown the \u201cpanshi\u201d technology to Porsche for a potential luxury EV and to investors in the United Arab Emirates eager to start a local EV brand.  \u201cWe are not trying to go into making a car. Never,\u201d Zeng said. \u201cBut we try to make everything ready for carmakers.\u201d He added his company could even supply a 3D-printed body for the car.<\/p>\n

In Europe, CATL has been working on a plan to build a jointly owned battery factory in Spain with Stellantis, a deal that could be finalized in January. It has been operating a factory in German for the past six years and is building a new plant in Hungary. Zeng said those plants would be profitable in 2025 and 2026, respectively. The larger Hungarian plant, which will start production next year, will produce 100 gigawatt-hours of batteries on a sharply lower cost base than the plant in Germany, Zeng said. Those factories are part of a plan to make batteries in Europe for BMW, Stellantis, and Volkswagen.<\/p>\n

Zeng told Reuters<\/em> that CATL\u2019s European business is important in part because the region has prioritized the clean energy transition, but he called the EU decision to impose tariffs of up to 45.3 percent on Chinese EV imports \u201cstupid thinking.\u201d European automakers would be better off partnering with Chinese automakers \u2014 as Stellantis has done with China\u2019s Leapmotor \u2014 to bring lower cost EVs and long range hybrids to market. \u201cIn this battle, actually, China is more advanced,\u201d Zeng said. \u201cWhy not learn from us?\u201d Reuters<\/em> reports the EU Commission declined to comment on his remarks.<\/p>\n

The company has faced criticism in China from competitors who say its size gives it too much power<\/a> over pricing of battery minerals and the ability to muscle out competitors, but Zeng said CATL is not trying to drive rival miners out of business by pushing down lithium prices and recognized the need for a profitable supply chain. \u201cAs the big player in batteries, we want to maintain, or try our best to maintain, oxygen for everyone.\u201d<\/p>\n

Zeng also downplayed the potential of solid-state batteries as the next game changing technology. CATL has more than 20,000 staff in research, including 1,000 dedicated to the solid-state batteries that have been touted for years as a lighter, more powerful alternative to the current generation of EV batteries. The Chinese government has also provided more than $830 million to fund research for solid-state batteries.<\/p>\n

But Zeng sees sodium-ion batteries as a better bet, potentially replacing up to half of the market for the lithium-iron-phosphate batteries that CATL produces now. Unlike other battery materials, sodium is cheap and abundant, and the chemistry has the potential to reduce fire risks in EVs, experts have said. CATL offers a sodium-ion battery that is paired with lithium-ion batteries in its newly introduced Freevoy batteries<\/a> that are optimized for use in extended-range electric vehicles.<\/p>\n

The Takeaway<\/h3>\n

There are parallels between CATL and Tesla. Both are dominant in there market segments. CATL intends to branch out into renewable energy grids, EV platform development, and V2G technology. Tesla intends to stake its future on robotaxis and robots. Perhaps both plans will bear fruit and lead to greater profits, but in terms of providing benefits to humanity, the CATL concept seems to be the more pertinent and well thought out approach.<\/p>\n

According to CNBC<\/em><\/a>, Zeng is in regular contact with Elon Musk and has told him directly that his bet on the 4680 battery \u201cis going to fail and never be successful. We had a very big debate, and I showed him. He was silent. He doesn\u2019t know how to make a battery. It\u2019s about electrochemistry. He\u2019s good for the chips, the software, the hardware, the mechanical things.\u201d<\/p>\n

Zeng also said he asked Musk about setting unrealistic timelines for the rollout of new vehicles or technologies at Tesla. Musk told him he wanted to motivate and focus Tesla staffers and that anything beyond a two-year time frame might as well be \u201cinfinity.\u201d But he believes Musk has a problem with over-promising. (Similar concerns have been heard in the halls of CleanTechnica<\/em> headquarters from time to time.) \u201cI talked to him,\u201d Zeng said. \u201cMaybe something needs five years, but he says two years. I definitely asked him why. He told me he wanted to push people.\u201d Zeng did not refer to any particular unfulfilled promise by Musk but did say, \u201cHe probably himself thinks it needs five years, but if you believe him when he says two years, you will be in big trouble.\u201d Take that for what it\u2019s worth.<\/p>\n

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Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! CATL is the largest lithium-ion battery manufacturer in the world. It currently supplies 37 percent of all the batteries used in electric vehicles, but it is not resting on its laurels. Its founder, Robin Zeng, intends to reinvent the […]<\/p>\n","protected":false},"author":1,"featured_media":653,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[16],"tags":[],"_links":{"self":[{"href":"https:\/\/demo4.dedicatedhost247.com\/green\/wp-json\/wp\/v2\/posts\/652"}],"collection":[{"href":"https:\/\/demo4.dedicatedhost247.com\/green\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/demo4.dedicatedhost247.com\/green\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/demo4.dedicatedhost247.com\/green\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/demo4.dedicatedhost247.com\/green\/wp-json\/wp\/v2\/comments?post=652"}],"version-history":[{"count":1,"href":"https:\/\/demo4.dedicatedhost247.com\/green\/wp-json\/wp\/v2\/posts\/652\/revisions"}],"predecessor-version":[{"id":3197,"href":"https:\/\/demo4.dedicatedhost247.com\/green\/wp-json\/wp\/v2\/posts\/652\/revisions\/3197"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/demo4.dedicatedhost247.com\/green\/wp-json\/wp\/v2\/media\/653"}],"wp:attachment":[{"href":"https:\/\/demo4.dedicatedhost247.com\/green\/wp-json\/wp\/v2\/media?parent=652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/demo4.dedicatedhost247.com\/green\/wp-json\/wp\/v2\/categories?post=652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/demo4.dedicatedhost247.com\/green\/wp-json\/wp\/v2\/tags?post=652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}