Study On The International Development Path Of CATL

Under the carbon emission reduction target,automobiles,as an essential and mobile emission source,are crucial to controlling and suppressing their emission levels.New energy vehicles have lower carbon emissions throughout their life cycle,which will significantly contribute to the achievement of the carbon-neutral vision.Global new energy vehicles are still in the early stage of development,with nearly trillions of growth space,and lithium batteries are the common choice of energy supply for new energy vehicles,with the advantage of safety and stability compared with other new energy sources.China has a complete lithium battery industry chain from lithium mining to battery manufacturing,with great potential.Riding on the wind of power battery development,power batteries are developing rapidly.CATL,as the leading company,has been ranked first among global power battery companies for five consecutive years,and its internationalization path will provide a reference experience for other companies in the lithium industry,which is worthy of our in-depth analysis.This paper adopts a case study approach,mainly focusing on the international development path of CATL.Secondly,we briefly introduce CATL’ basic profile,main business scope,R&D and innovation capability,and main business results through relevant data of the company,and analyze the internal environment such as technology advantage and cost advantage of CATL and the external environment of internationalization of CATL through PEST and Porter’s five forces model.Finally,it gives the inspiration for the internationalization of lithium battery enterprises,insisting on technological innovation and R&D investment,improving supply chain layout,and strengthening the training of professional and technical talents,etc.,which will help Chinese lithium battery-related enterprises to go out further.It is of great value and practical significance for Chinese lithium battery enterprises to go abroad,further improve their competitiveness in overseas markets and develop overseas markets.