CATL chairman is open to a US battery plant as long as Trump lets China join its EV supply chain
CATL, the world’s largest battery manufacturer, is considering building a localized plant on US soil, but there’s a big “if.” The company’s chairman said he is open to erecting a US battery facility if President-elect Donald Trump paves the way, despite escalating a trade war with China during his first term.
Contemporary Amperex Technology Co., Limited, better known as CATL, has been the largest battery manufacturer in the world by global market share for most of the last decade. The company specializes in a portfolio of battery cells with different chemistries and energy storage solutions and remains on the pulse of emerging technologies such as solid-state.
The company has developed fast-charging LFP cells for OEMs like SAIC-GM and, in the past couple of years, has begun developing battery technology for zero-emission aviation, including electric planes and eVTOLs with companies like AutoFlight.
Having already outgrown operations in China alone, CATL had previously shared plans for six new facilities in other countries, including Germany, Thailand, Hungary, Indonesia, and two in the US (with Ford and Tesla). The latter two of that list are expected to operate under licensing deals.
This past May, CATL shared intentions to erect two additional battery plants – One in Spain through a joint venture with Stellantis and a fully-owned battery cathode materials facility in Morocco, to supply those vital components to its pending European plants mentioned above.
While CATL has had plenty of plans for entry into the US, it has faced opposition from Democrats and Republicans alike due to its government-subsidized operations. The Biden administration’s Inflation Reduction Act echoed such sentiments, and Trump himself waged an all-out trade war with China during his last run in the White House.
With Trump set to take office in 2025, CATL’s chairman expressed hope that the door to US manufacturing would be cracked open a little more, but it will take the full support of the President-elect to happen. That’s a tall order for a Chinese company with an impressive grip on the battery market.
CATL chairman open to Chinese investment in US supplies
As reported by Reuters, CATL founder and Chairman Robin Zeng said the company is open to a US battery plant but will require Trump to extend some local hospitality to enable that process. Per Zeng:
Originally, when we wanted to invest in the US, the US government said no. For me, I’m really open-minded.
CATL’s imports are currently facing some trade protections to keep things fair for local automakers, hence why many current EV models don’t qualify for the full $7,500 federal tax credit, even if the cars are assembled in the US. Before Biden’s Inflation Reduction Act (IRA), President Trump targeted several Chinese OEMs like CATL due to their government subsidies while citing national security concerns.
However, the President-elect appears open to companies like CATL bringing battery production to the US under certain conditions. Per an interview with Reuters this past August:
We’re going to give incentives, and if China and other countries want to come here and sell the cars, they’re going to build plants here, and they’re going to hire our workers.
That may sound like a refreshing idea from the ever-polarizing Trump. Still, he’s merely echoing the policies already laid out by his predecessor in the IRA – a measure already enacted to bring more production and jobs to US workers. The Trump campaign did not immediately respond to a request for comment.
This will be a story to watch as the torch is passed in the White House. Trump’s re-election has created more questions than answers about the future of EV production in the US, but it’s hard to imagine local OEMs finding as much success without a behemoth like CATL nearby.
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Leading yard operation 3PL YMX Logistics has announced plans to deploy fully twenty (20) of Orange EV’s fully electric Class 8 terminal trucks at a number of distribution and manufacturing sites across North America.
As the shipping and logistics industries increasingly move to embrace electrification, yard operations have proven to be an almost ideal use case for EVs, enabling companies like Orange EV, which specialize in yard hostlers or terminal tractors, to drive real, impactful change. To that end, companies like YMX are partnering with Orange EV.
“This relationship between YMX and Orange EV is a significant step forward in transforming yard operations across North America,” said Matt Yearling, CEO of YMX Logistics. “Besides the initial benefits of reduction in emissions and carbon footprint, our customers are also seeing improvements in the overall operational efficiency and seeking to expand. Our team members have also been sharing positive feedback about their new equipment and highlighting the positive impact on their health and day-to-day activities.”
This Orange looks good in blue
One of the most interesting aspects of this story – beyond the Orange EV HUSK-e XP’s almost unbelievable 180,000 lb. GCWR spec. – is that this isn’t a story about California’s ports, which mandate EVs. Instead, YMX is truly deploying these trucks throughout the country, with at least four currently in Chicago (and more on the way).
“Our collaboration with YMX Logistics represents a powerful stride in delivering sustainable yard solutions at scale for enterprise customers,” explains Wayne Mathisen, CEO of Orange EV. “With rising demand for electric yard trucks, our joint efforts ensure that more companies can access the environmental, financial, and operational benefits of electrification … this is a win for the planet, the workforce, and the bottom line of these organizations.”
We interviewed Orange EV founder Kurt Neutgens on The Heavy Equipment Podcast a few months back, but if you’re not familiar with these purpose-built trucks, it’s worth a listen.
HEP-isode 26
SOURCE | IMAGES: YMX Logistics.
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On today’s thrilling episode of Quick Charge, we’ve got the all-new Hyundai IONIQ 9 and its “a “rolling living room” pivoting captain’s chairs, Kia gets a go-fast 7 passenger SUV and an updated EV6, while Honda announces plans to start producing solid-state batteries at its new facility in just a few weeks.
We’ve also got big news for American workers – a Minnesota power company is ditching coal for solar while ExxonMobil and LG Chem get to work extracting thousands of tons of lithium out of Tennessee’s soil.
Today’s episode is sponsored by BLUETTI, a leading provider of portable power stations, solar generators, and energy storage systems. For a limited time, save up to 52% during BLUETTI’s exclusive Black Friday sale, now through November 28, and be sure to use promo code BLUETTI5OFF for 5% off all power stations sitewide. Learn more by clicking here.
You can watch the episode, below.
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Read more: Farm-fegnugen? Volkswagen rolls out an electric tractor.
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Arevon Energy has kicked off operations at Vikings Solar-plus-Storage – one of the US’s first utility-scale solar peaker plants.
The $529 million project in Imperial County, California, near Holtville, features 157 megawatts of solar power paired with 150 megawatts/600 megawatt hours of battery storage.
Vikings Solar-plus-Storage is designed to take cheap daytime solar power and store it for use during more expensive peak demand times, like late afternoons and evenings. The battery storage system can quickly respond to changes in demand, helping tackle critical grid needs.
Vikings leverages provisions in the Inflation Reduction Act that support affordable clean energy, strengthen grid resilience, boost US manufacturing, and create good jobs.
The Vikings project has already brought significant benefits to the local area. It employed over 170 people during construction, many local workers, and boosted nearby businesses like restaurants, hotels, and stores. On top of that, Vikings will pay out more than $17 million to local governments over its lifespan.
“Vikings’ advanced design sets the standard for safe and reliable solar-plus-storage configurations,” said Arevon CEO Kevin Smith. “The project incorporates solar panels, trackers, and batteries that showcase the growing strength of US renewable energy manufacturing.”
The project includes Tesla Megapack battery systems made in California, First Solar’s thin-film solar panels, and smart solar trackers from Nextracker. San Diego-based SOLV Energy handled the engineering, procurement, and construction work.
San Diego Community Power (SDCP) will buy the energy from the Vikings project under a long-term deal, helping power nearly 1 million customer accounts. SDCP and Arevon have also signed an agreement for the 200 MW Avocet Energy Storage Project in Carson, California, which will start construction in early 2025.
Vikings is named after the Holtville High School mascot, and Arevon is giving back to the local community by funding scholarships for deserving Holtville High students.
Arevon is a major renewable energy developer across the US and a key player in California, with nearly 2,500 MW in operation and more than 1,250 MW under construction.
Read more: Minnesota’s largest coal plant goes solar: Sherco Solar comes online
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