CATL tops worldwide rankings of battery makers

Contemporary Amperex Technology Co Ltd, China's largest battery supplier, was listed tops in terms of global power battery installed capacity last year, according to a new report by South Korea's SNE Research.

Last year, Shenzhen-listed CATL's global installed capacity of power batteries reached 96.7 gigawatt-hours, surging 167 percent year-on-year. Its global market share reached 32.6 percent, which ranked first worldwide, up from 24.6 percent recorded in 2020, SNE said.

On Tuesday, CATL closed at 540.86 yuan ($85) per share, down 6.66 percent. Its total market value stands at 1.26 trillion yuan, which makes it one of the leading Chinese A-share companies in terms of market value.