CATL stock analysis | CATL battery (Contemporary Amperex Technology Limited) & CATL EV

Contemporary Amperex Technology Co. Limited, abbreviated as CATL, is a Chinese battery manufacturer and technology company founded in 2011 that specializes in the manufacturing of lithium-ion batteries for electric vehicles and energy storage systems, as well as battery management systems (BMS). With a market share of 32.6% in 2021, CATL is the biggest lithium-ion battery manufacturer for EVs in the world, producing 96.7 GWh of the global 296.8 GWh, up 167.5% year on year. The company plans to have a manufacturing capacity target of 500 Gwh by 2025 and 800 Gwh by 2030.

History
CATL was founded in Ningde, which is reflected in its Chinese name ('Ningde era'). The company started as a spin-off of Amperex Technology Limited (ATL), a previous business founded by Robin Zeng in 1999. ATL initially manufactured lithium-polymer batteries based on licensed technology, but later developed more reliable battery designs themselves. In 2005 ATL was acquired by Japan's TDK company, but Zeng continued as a manager for ATL. In 2012, Zeng and vice-chairman Huang Shilin spun-off the EV battery operations of ATL into the new company CATL. Until 2015, former parent TDK held a 15% stake in CATL. Zeng has applied management styles of TDK and Huawei to his company.

Growth
In 2016, CATL was the world's third largest provider of EV, HEV and PHEV batteries behind Panasonic (Sanyo) and BYD. In 2017, CATL's sales of power battery system reached 11.84GWh, taking the sales championship worldwide for the first time. In 2018, it was announced that CATL would establish a new battery factory in Arnstadt, Thuringia, Germany. CATL's annual sales volume amounted to 21.18 GWh of energy storage capacity in 2018.

As the Chinese government started to phase out subsidies for EVs towards 2020, CATL sought to diversify its revenue overseas.

In this video I want to outline how CATL could be worth much more than it is valued at right now.