Dossier
Xiamen Energy Storage Research Facility
Coverage of Xiamen Energy Storage Research Facility in the Nexus archive.
- CATL set to boost global energy storage with world’s largest testing facility in Xiamen
Contemporary Amperex Technology Ltd (CATL) is launching a 3 billion yuan energy storage research facility in Xiamen, China, to expand its global EV battery dominance amid rising demand driven by the global oil crisis. The facility aims to strengthen CATL's position in the energy storage market, where it already holds nearly 40% of the EV battery market share.