CATL news
On September 18, 2026, Contemporary Amperex Technology Co., Ltd. (CATL) confirmed it is in advanced negotiations with a major North American automotive manufacturer to implement its "License Royalty Service" (LRS) business model. The framework involves licensing CATL's proprietary battery technology for a U.S.--based manufacturing plant, allowing the partner to lead capital investment while CATL provides technical expertise. This strategic approach aims to bolster CATL's presence in the North American market amid evolving regulatory landscapes. Following the report, CATL's Shenzhen--listed shares (300750.SZ) rose 1.2% to close at 268.70 CNY. The company expects to conclude the definitive agreement by the end of the fourth quarter of 2026.