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Contemporary Amperex Technology Co. Limited (CATL) has recently secured a cornerstone funding round amounting to $2.628 billion. Investors in this round include Sinopec Capital, Kuwait Investment Authority, Hillhouse Capital, Jinglin Investment, and UBS, among others. Established in December 2011, CATL is led by legal representative Zeng Yuqun and boasts a registered capital of approximately RMB 4.403 billion.
The company's primary focus encompasses the research and development, production, sales, and after-sales service of a diverse range of batteries, including lithium-ion batteries, lithium polymer batteries, fuel cells, as well as associated equipment and instruments. These products find extensive applications in energy storage systems and power systems.
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