# CATL Nears 2 Trillion Yuan Valuation as demand surges from artificial-intelligence data centers and energy storage.

*business · news · 2026-04-14 · Caixin*

## Key points

- CATL's market capitalization neared 2 trillion yuan after shares hit a record high.
- Surging demand from AI data centers and energy storage is driving CATL's valuation increase.
- Only five other companies on China's A-share market have exceeded a 2 trillion yuan valuation.
- CATL is the first battery maker in China to approach this valuation milestone.

**Companies:** Contemporary Amperex Technology Co. Ltd., Industrial and Commercial Bank of China Ltd., China Construction Bank, Agricultural Bank of China, PetroChina Co. Ltd., China Mobile Ltd.
**Countries:** China

[Read the full story on Caixin](https://www.caixinglobal.com/2026-04-14/tech-brief-apr-14-catl-nears-2-trillion-yuan-valuation-102433814.html)

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