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Company Directory - Contemporary Amperex Technology Co. Limited

Company Details - Contemporary Amperex Technology Co. Limited

Contemporary Amperex Technology Co. Limited Logo

Contemporary Amperex Technology Co. Limited

Website

Ningde, China

SHE: 300750 

Contemporary Amperex Technology Co. Limited, commonly known as CATL, is the world’s largest lithium-ion battery manufacturer. The company specializes in developing and producing batteries for electric vehicles and energy storage systems. It plays an influential role in global battery markets, maintaining a significant presence in the U.S. and holding close ties with government bodies in China.

CCI Score

CCI Score: Contemporary Amperex Technology Co. Limited

-19.16

0.01%

Latest Event

CATL Accused of Forced Labor Connections

Reports by Globalworks Lund AB link CATL to forced labor practices in Xinjiang and highlight its involvement as a battery supplier for Yutong Bus, with the company not responding to allegations.

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ENABLER

Contemporary Amperex Technology Co. Limited is currently rated as an Enabler.

-10 to -19 CCI Score
Companies in this segment facilitate authoritarian practices while claiming neutrality. They provide resources or support that indirectly bolster oppressive regimes, thereby undermining democratic accountability without overtly endorsing the regime.

Latest Events

  • CATL Accused of Forced Labor Connections Logo
    MAR
    26
    2025

    Reports by Globalworks Lund AB link CATL to forced labor practices in Xinjiang and highlight its involvement as a battery supplier for Yutong Bus, with the company not responding to allegations.

  • -75

    Labor Relations and Human Rights Practices

    April 3

    CATL is implicated in forced labor practices through connections in Xinjiang, a region known for state repression and labor rights abuses. The company's indirect involvement via joint ventures or partnerships raises serious concerns about its adherence to fair labor practices.

    China: Battery and bus manufacturers accused of connection to forced labor practices

  • -70

    Supply Chain Ethics

    April 3

    CATL's role as the battery supplier for Yutong Bus has raised alarming concerns due to its connection with forced labor allegations in its supply chain. This association with unethical sourcing practices underlines a problematic aspect of its business operations.

    China: Battery and bus manufacturers accused of connection to forced labor practices

  • CATL Added to DoD Chinese Military Companies List Logo
    FEB
    18
    2025

    Contemporary Amperex Technology Co. Limited (CATL) has been added to the Department of Defense Chinese Military Companies list amid growing concerns over its alleged ties to the Chinese military. The move highlights the company's close interactions with Chinese government bodies and raises questions about its role in underpinning authoritarian state interests, especially given its dominant position in the global battery supply chain.

  • -50

    Public and Political Behavior

    March 27

    The inclusion of CATL on the DoD Chinese Military Companies list emphasizes its perceived political entanglement and alignment with authoritarian interests through close ties with the Chinese state. This disrupts the transparency expected in public political behavior and reflects a concerning involvement in agenda that could undermine democratic norms.

    Chinese companies on DoD CMC list: Tech giants on the list

  • -40

    Economic and Structural Influence

    March 27

    CATL's dominant position in the global battery supply chain, combined with allegations of its links to the Chinese military, suggests an economic influence that supports authoritarian strategic interests. This influence could be leveraged to consolidate power in ways that compromise the competitive and democratic global market environment.

    Chinese companies on DoD CMC list: Tech giants on the list

  • US Blacklists CATL for Alleged Military Links Logo
    JAN
    08
    2025

    The US Department of Defence has added Chinese battery giant CATL to its blacklist due to alleged links to China’s military. CATL has denied the charges, calling the US decision a mistake, but the move raises concerns about its political associations and potential involvement in authoritarian military networks.

  • -80

    Public and Political Behavior

    April 3

    By being blacklisted over alleged military links, CATL is implicated in ties to an authoritarian state apparatus. This raises serious concerns within the Public and Political Behavior category, as such associations are viewed as alignment with or support of repressive and militaristic policies.

    US Pentagon blacklists Chinese battery giant CATL for China military links

  • CATL Blacklisted by Pentagon Over Alleged Military Ties Logo
    JAN
    07
    2025

    In a move that highlights growing concerns about Chinese involvement with military operations, CATL—the world’s largest lithium-ion battery maker—has been blacklisted by the US Defense Department. The Pentagon listed CATL among companies that are allegedly tied to China's military, raising questions about its indirect support of authoritarian regimes. Although CATL denies any military-related activities and promises to contest the designation, the decision signals potential risks associated with their close ties to government bodies in China.

  • -70

    Public and Political Behavior

    March 27

    The blacklisting by the Pentagon places CATL under scrutiny for alleged connections with Chinese military initiatives. From an anti-fascist perspective, such ties contribute to a broader pattern of complicity with authoritarian practices. The company's denial and intent to pursue legal remedies do little to offset the negative implications of being associated with military-linked operations, thereby significantly impacting its public and political behavior rating.

    Pentagon blacklists Tencent, largest Chinese EV battery maker

  • -60

    Economic and Structural Influence

    March 27

    CATL's ties with government bodies in China and its inclusion on a federal blacklist indicate a significant level of economic and structural influence that may contribute to bolstering authoritarian regimes. This event raises concerns about the company's role in indirectly supporting state-led military initiatives, thereby negatively impacting its overall economic collaboration and structural influence rating.

    Pentagon blacklists Tencent, largest Chinese EV battery maker

  • CATL Designated as Chinese Military Company by U.S. DoD Logo
    JAN
    02
    2025

    On January 2, 2025, the U.S. Department of Defense updated its 1260H List to include Contemporary Amperex Technology Co., Ltd. (CATL) as a Chinese military company. This designation, based on criteria linking firms to military-civil fusion and defense industrial contributions, could lead to restrictions on DoD engagements with CATL and raises questions about its ties with the Chinese state.

  • -60

    Public and Political Behavior

    April 3

    The designation underscores a close alignment with state and military interests, pointing to a form of public and political behavior that may contribute to authoritarian influence. This association with China's military-industrial complex is viewed negatively from an anti‑fascist perspective.

    New Year, Updated List: The U.S. Department of Defense Updates Its List of Chinese Military Companies with Ancillary Supply Chain and USG Contracting Impacts

  • -70

    Economic Collaboration

    April 3

    Being listed as a Chinese military company signals significant economic entanglement with the state's defense sector. This designation implies potential exposure to sanctions and restrictions, disrupting commercial relationships and reinforcing patterns of authoritarian economic collaboration.

    New Year, Updated List: The U.S. Department of Defense Updates Its List of Chinese Military Companies with Ancillary Supply Chain and USG Contracting Impacts

  • CATL Asserts Ethical Sourcing Amid Forced Labor Allegations Logo
    NOV
    26
    2024

    On November 26, 2024, CATL declared that it has no suppliers from Xinjiang in response to allegations linking the region to forced labor. This public statement was aimed at distancing itself from unethical sourcing practices and mitigating the impact of U.S. import bans, thereby reinforcing its commitment to ethical supply chain practices.

  • +70

    Supply Chain Ethics

    March 27

    CATL's clear public assertion that it does not source from Xinjiang addresses widespread concerns about forced labor in the region. By proactively distancing itself from suppliers linked to human rights abuses, the company demonstrates a commitment to ethical supply chain practices. Although this move helps build trust among international partners and regulators, critics may call for more detailed transparency to fully verify these claims.

    CATL Asserts No Suppliers from Xinjiang Amid U.S. Import Ban Concerns

  • Forced and Child Labor Abuses Found in Supply Chains Implicate CATL Logo
    SEP
    16
    2024

    An investigation reveals widespread forced and child labor issues in the lithium-ion battery supply chain, implicating major suppliers like CATL, despite its denials and claims of responsible sourcing.

  • -40

    Supply Chain Ethics

    March 27

    CATL, as one of the world's leading battery manufacturers, is coming under scrutiny for its supply chain ethics. Despite a spokesperson's claim of a strict anti-forced labor policy, independent research reveals that a significant portion of the lithium battery supply chain is implicated in forced and child labor abuses. This association raises concerns about the company’s ability to ensure that all suppliers meet ethical and international labor standards.

    Forced and Child Labor Abuses Found in 75% of Lithium Battery Supply Chains

  • -30

    Labor Relations and Human Rights Practices

    March 27

    The investigation raises serious concerns regarding labor relations and human rights practices within CATL's operational network. Allegations involving forced and child labor not only affect the welfare of workers but also implicate CATL in broader systemic human rights abuses, challenging its claims of comprehensive ethical oversight.

    Forced and Child Labor Abuses Found in 75% of Lithium Battery Supply Chains

  • CATL faces forced labour allegations and political scrutiny over supply chain practices Logo
    JUN
    11
    2024

    US lawmakers have called for an immediate block on shipments from CATL following allegations linking its supply chain to forced labour and Uyghur oppression. Despite CATL’s strong denials and recent moves to reduce executive ties with the CCP, these claims raise serious concerns about the company’s supply chain ethics and executive political engagement.

  • -60

    Supply Chain Ethics

    March 27

    US lawmakers have highlighted allegations of forced labour within CATL's supply chain, linking the company to human rights abuses involving Uyghur communities. Although CATL denies these claims, the serious nature of the allegations and the call for blocking shipments underscore significant concerns regarding their supply chain ethics.

    CATL and Gotion deny forced labour in supply chain after US lawmakers call for immediate blocking of shipments

  • -40

    Executive Political Engagement

    March 27

    CATL has recently adjusted its ownership structure to reduce stake held by executives with ties to the Chinese Communist Party, an action taken under pressure following accusations of political complicity. While this move may mitigate some concerns, the fact that high-level management was previously closely associated with an authoritarian regime continues to raise red flags regarding executive political engagement.

    CATL and Gotion deny forced labour in supply chain after US lawmakers call for immediate blocking of shipments

  • Contemporary Amperex Technology Denies Forced Labor Allegations Logo
    JUN
    10
    2024

    Following allegations by a group of U.S. lawmakers calling for an import ban due to forced labor concerns, CATL has issued a denial of any connection to forced labor, raising questions about its labor practices and supply chain ethics.

  • -40

    Labor Relations and Human Rights Practices

    March 27

    The allegation of forced labor, raised by U.S. lawmakers, directly touches on labor rights issues. Although CATL denies any connection, the serious nature of forced labor allegations requires skepticism. This rating reflects significant concerns over labor relations and human rights practices.

    China's CATL Denies Connection to Forced Labor - Morningstar

  • -30

    Supply Chain Ethics

    March 27

    The forced labor allegations also raise significant concerns about the company’s supply chain ethics. Despite CATL’s denial, the mere association with forced labor allegations contributes to doubts about the integrity of its sourcing and supply chain practices.

    China's CATL Denies Connection to Forced Labor - Morningstar

  • CATL Denies Forced Labor Allegations Logo
    JUN
    10
    2024

    On June 10, 2024, CATL issued a statement refuting U.S. lawmakers' allegations that it uses forced labor in its supply chains. The company described the accusations as 'groundless and completely false,' clarifying that it had never procured products from the firms cited and had either ceased dealings or restructured relationships with other suppliers to ensure no connection to forced labor.

  • +50

    Labor Relations and Human Rights Practices

    April 3

    CATL's outright refutation of forced labor allegations indicates a commitment to ethical labor practices. By denouncing the claims as groundless, the company aligns itself against exploitative labor practices that are often associated with authoritarian regimes.

    CATL Refutes U.S. Lawmakers' Allegations of Using Forced Labor

  • +40

    Supply Chain Ethics

    April 3

    The statement also addressed supply chain practices by clarifying that CATL had either ended relationships with certain suppliers associated with the allegations or restructured operations to avoid any link to forced labor. This transparency supports ethical supply chain management.

    CATL Refutes U.S. Lawmakers' Allegations of Using Forced Labor

  • Forced Labour Allegations in Supply Chain Logo
    JUN
    07
    2024

    CATL faces increasing scrutiny in the US over alleged ties to forced labour practices linked to its supply chain in Xinjiang. Lawmakers are calling for CATL to be blacklisted under the Uyghur Forced Labor Prevention Act, raising serious human rights concerns despite the company's denials.

  • -80

    Supply Chain Ethics

    March 27

    U.S. lawmakers have raised alarms about CATL's supply chains being 'deeply compromised' due to alleged links to forced labour in the Xinjiang region, a claim tied to concerns over state-sponsored human rights abuses. Despite the company's denial of any connection to forced labour, the severity of the allegations and calls for blacklisting undermine confidence in its supply chain ethics.

    CATL, Gotion Under Scrutiny in US Over 'Use of Forced Labour'

  • CATL Strengthens Supply Chain Oversight with 'CREDIT' Audit Toolkit Logo
    JUN
    07
    2024

    In response to U.S. congressional allegations of forced labor ties, CATL issued a statement on June 7, 2024, firmly dismissing the claims and outlining its strict internal procurement controls and deployment of the 'CREDIT' audit toolkit to assess and ensure sustainability across its battery supply chain. The company emphasized its adherence to U.S. laws and global ethical standards, highlighting long-standing supplier adjustments and its commitment as a UN Global Compact member.

  • +70

    Supply Chain Ethics

    April 3

    CATL's proactive response to allegations of forced labor—by refuting inaccurate claims and detailing robust internal controls and use of an audit toolkit ('CREDIT')—demonstrates a commitment to ethical supply chain practices. This focus on maintaining high labor and human rights standards aligns with progressive values and helps mitigate risks associated with exploitative supply chain issues.

    CATL Statement on Supply Chain Concerns

  • CATL Denies Forced Labor Allegations Logo
    JUN
    07
    2024

    On June 7, 2024, CATL released a statement dismissing US lawmakers' allegations of forced labor in its supply chain as 'groundless and completely false'. The company asserted that its business relationships with the implicated suppliers had been severed long ago or never existed, emphasizing its adherence to ethical labor practices.

  • +60

    Labor Relations and Human Rights Practices

    April 3

    CATL’s prompt denial of forced labor allegations positions the company as upholding ethical labor practices and protecting workers' rights. Given that the allegations came from politically charged critics and were dismissed by CATL with reference to its supply chain integrity, this response can be viewed as a positive step in affirming adherence to labor standards in an environment often rife with politically motivated claims.

    Chinese Battery Giants CATL, Gotion Deny US Forced Labor Allegations

  • Senators Demand Reversal of CATL Battery Installation Over National Security Concerns Logo
    DEC
    04
    2023

    On December 4, 2023, U.S. Senators including Hagerty and Rubio sent a letter to Secretary of Defense Lloyd Austin demanding the reversal of the installation of CATL batteries at Camp Lejeune. The letter highlighted national security risks, directly linking CATL’s operations to the Chinese Communist Party and raising concerns about the potential exploitation of technological vulnerabilities on military installations.

  • -80

    Public and Political Behavior

    April 3

    The event underscores serious national security concerns due to CATL's close ties with the Chinese Communist Party, as highlighted by the senators. The company’s involvement in supplying batteries for a U.S. military installation raises critical issues about political alignment and potential risks from authoritarian influence, warranting a significantly negative score within the Public and Political Behavior category.

    Hagerty, Rubio, Colleagues Warn of Communist China-Linked Batteries at U.S. Military Bases

  • CATL Sustainability and Integrity Initiatives Logo
    JAN
    01
    2023

    CATL reiterates its commitment to sustainability by outlining a comprehensive framework for protecting labor rights, ensuring ethical supply chain practices, and upholding anti-corruption measures. The company's sustainability page details its adherence to occupational health and safety regulations, equal employment opportunities, and responsible sourcing, aligning its operations with the UN Sustainable Development Goals.

  • +80

    Labor Relations and Human Rights Practices

    April 3

    CATL's clear commitment to protecting labor rights, human rights, and occupational safety, as described in its sustainability policies, demonstrates robust ethical labor practices. This aligns with progressive work environments and supports anti-authoritarian, worker-friendly practices.

    Sustainability - CATL

  • +70

    Supply Chain Ethics

    April 3

    The emphasis on responsible supply chain ethics, anti-corruption efforts, and integrity in vendor relationships indicates CATL’s proactive efforts to enforce ethical business practices throughout its operations. Such measures serve to mitigate the risks of exploitation and corruption, supporting marginalized communities and sustainable practices.

    Sustainability - CATL

Corporate Financials

Revenue
2025
$19.50B
Total Assets
2025
$60.00B
Operating Income
2025
$6.00B
Total Equity
2025
$20.00B

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