CATL to bring sodium battery storage to Europe with 5 GWh Alfen deal You Should Know
CATL and Europe’s Alfen plan to deploy 5 GWh of sodium-ion battery energy storage systems in Western Europe starting in 2027.
CATL and Europe’s Alfen plan to deploy 5 GWh of sodium-ion battery energy storage systems in Western Europe starting in 2027.
CATL remained China’s largest power battery maker in June, though its market share fell 3.43 percentage points from May.
The agreement marks CATL’s second sodium-ion energy storage order in Europe this month.
CATL’s net profit attributable to shareholders in the first half was 43.28 billion yuan ($6.37 billion), with a gross margin of 23.93%.
Global ESS shipments rose 71% year-on-year to 461.3 GWh in the first half, with China’s share falling to 43.9% from 50.5 percent.
Seven Chinese companies ranked among the top 10, with a combined 72.4% share of the global EV battery market.
The new variant will support vehicle-battery separation sales, potentially lowering the entry barrier.
CATL said its 350 Wh/kg cells showed no thermal propagation when two adjacent cells were triggered at once, a world first.
CATL said its supply chain accounts for more than 80% of its products’ carbon emissions, and it aims to achieve value-chain carbon neutrality by 2035.
CATL remained China’s largest power battery maker in July, though its market share fell 0.37 percentage points from June.