The world’s largest EV battery-maker aims to bankroll new-energy projects and zero-carbon initiatives as it rapidly expands its manufacturing footprint in Europe and beyond

The world’s largest EV battery-maker aims to bankroll new-energy projects and zero-carbon initiatives as it rapidly expands its manufacturing footprint in Europe and beyond

Shares of Contemporary Amperex Technology (CATL) declined 8.5% after the EV battery giant unveiled plans for a roughly $5 billion equity placement in Hong Kong.