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Products Revenue Net profit Competitive position Number 2 for global market share of EV battery manufacturing. Largest lithium-ion battery supplier in China. (H1 2020 – source: Global X ETFs) 1. LG Energy Solution (26.5%) 2. CATL (25.8%) 3. Panasonic (20.6%) 4. Samsung SDI (6.8%) 5. BYD (6.2%) R&D centers Four research and development centers: • Ningde, Fujian, China • Liyang, Jiangsu, China • Shanghai, China • Munich, Germany Production bases Six production bases: • Ningde, Fujian, China • Xining, Qinghai, China • Liyang, Jiangsu, China • Yibin, Sichuan, China • Zhaoqing, Guangdong, China • Erfurt, Germany Production capacity CATL’s current production capacity stands at 109GWh for 2020. That’s enough for roughly 1.8 million mid-sized electric vehicles assuming they use a 60kWh battery pack. The company has stated that it intends to ramp up its battery production capacity to around 336 GWh in 2023. This comes

United statesBaden wübergZhou jiaRobin zeng yuqunAmperex technology coLg energy solutionLg energy ultiumFujian provinceEstablished marchEstablished decemberIpower batteryEstablished juneEstablished julyNorth americaSolution designed ultiumValmet automotive