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Tokayev welcomes CATL's readiness to build battery plant in Kazakhstan

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Tokayev welcomes CATL's readiness to build battery plant in Kazakhstan

President Kassym-Jomart Tokayev welcomed Chinese battery giant CATL's readiness to build an accumulator plant in Kazakhstan, which could become the first such large-scale facility in Central Asia. CATL Chairman Pan Jian said the company sees Kazakhstan as a key partner and could help the country achieve carbon neutrality by 2060.

The Announcement

President Kassym-Jomart Tokayev welcomed CATL's readiness to build an accumulator battery plant in Kazakhstan, according to Kazakhstanskaya Pravda. The facility could become the first large-scale battery production in Central Asia. Tokayev noted that Kazakhstan has the resources to form a full production cycle from raw material processing to finished goods.

CATL's Position

CATL Chairman Pan Jian said the company views Kazakhstan as an important and reliable partner for joint projects. He added that CATL could assist Kazakhstan in achieving its strategic goal of carbon neutrality by 2060. CATL, founded in 2011, is the world's largest EV battery maker with a 40% market share.

Company Scale

In 2025, CATL's battery product sales reached 661 GWh, with revenue of $62.6 billion and net profit of $10.6 billion. The company is among China's largest publicly traded firms. The proposed plant would mark a significant investment in Kazakhstan's industrial capacity.

What's Next

Further details on the plant's location, capacity, and timeline are expected to be announced in coming months. It remains unclear whether the project will proceed as planned given global supply chain uncertainties.

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Tokayev welcomes CATL's readiness to build battery plant in Kazakhstan