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Xiamen Energy Storage Research Facility

Coverage of Xiamen Energy Storage Research Facility in the Nexus archive.

Earliest in view: May 28 · 11:30 UTCMost recent: May 28 · 11:30 UTC
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  • BUSINESSMay 28 · 11:30 UTCSCMP WORLD
    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.