China's CATL is intensifying its global expansion efforts on the back of a blockbuster public offering.
The world’s largest electric vehicle (EV) battery maker is going all-in on international expansion and could shake up the EV market in the process with its battery-swapping tech rollout.
China’s Contemporary Amperex Technology Co. Ltd.
(CATL) is a key player in the global transition to more sustainable transport, with a market share in the EV sector of roughly 38%. CATL’s clients include global players like Tesla
, Volkswagen
and BMW
The release of two European-targeted battery packs improves the earnings prospects for the world’s largest EV battery producer.
Shares of Contemporary Amperex Technology (CATL) declined 8.5% after the EV battery giant unveiled plans for a roughly $5 billion…
CATL is doubling down on its technology to supply European carmakers such as BMW and Volkswagen to compete with BYD’s proprietary…
The world’s largest electric vehicle battery maker saw its net profit reach US$2.3 billion in the second quarter.
The Chinese group’s expansion into non-automotive areas will benefit from policy-driven demand to offset consumer cycles
Catl, l'azienda guidata dal magnate Zeng Yuqun, ora si appresta ad approdare in Europa. Ma è attenzionata sia da Bruxelles sia da…
