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Equity Bottom-Up

Contemporary Amperex Technology (CATL) / Equity Bottom-Up

Contemporary Amperex Technology (CATL) (300750 CH)

<ul><li>Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest battery producer, is focusing its research and development team on the use of artificial intelligence to discover the next generation of battery materials.</li><li>Zeng Yuqun, the CATL’s chairman, said his company has 20,000 people working in R&amp;D and discovering the materials that will push forward battery innovation was their main aim. He was talking on Wednesday to Nicolai Tangen, chairman of Norway’s sovereign wealth fund Norges Bank Investment Management.</li><li>CATL holds a dominant position in the global power battery market, accounting for 37.6% of the market in the first seven months of 2024, according to South Korean research firm SNE Research.</li></ul>

Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest battery producer, is focusing its research and development team on the use of artificial intelligence to discover the next generation of battery materials.Zeng Yuqun, the CATL’s chairman, said his company has 20,000 people working in R&amp;D and discovering the materials that will push forward battery innovation was their main aim. He was talking on Wednesday to Nicolai Tangen, chairman of Norway’s sovereign wealth fund Norges Bank Investment Management.CATL holds a dominant position in the global power battery market, accounting for 37.6% of the market in the first seven months of 2024, according to South Korean research firm SNE Research.

CATL is Using AI to Discover Next-Generation Battery Materials 