CATL’s IPO pops in Hong Kong
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Shares in Chinese battery giant CATL soared more than 18 percent on its Hong Kong debut on Tuesday after raising HK$35 billion in the world's
CATL is foraying into global markets amid growing trade tensions between the U.S. and China, which have sent markets careening over the past several weeks.
Shares in China’s Contemporary Amperex Technology (CATL), the world’s largest electric vehicle battery maker, have surged as much as 18% on its first day of trading in Hong Kong, shrugging off geopolitical uncertainties.
CATL has started battery production at another factory in China. The plant is set to become the Group's largest production facility in the country. In the
China has become a global leader in electric cars and car tech, with one of the highest personal EV adoption rates in the world. But it's also ahead of everyone else when it comes to electric heavy-duty truck sales.
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With its subsidiary CharGo, Chinese battery maker CATL is accelerating plans to deploy mobile EV charging robots globally. The goal is to secure a 20% share
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France 24 on MSNCATL, China's global battery champion with risk-taker at the helmBEIJING: Chinese battery giant CATL, which soared on its Hong Kong debut Tuesday (May 20), is a domestic success story with a risk-taking founder and global ambitions - but has found itself in the cro