BEIJING (Reuters) – Chinese battery manufacturer CATL (300750.SZ) said on Thursday it plans to seek a listing in Hong Kong, a Shenzhen Stock Exchange filing showed. CATL plans to issue offshore H-shares and apply for a listing on the main board of the Hong Kong Stock Exchange, it said in the filing. CATL’s board has…
MADRID (Reuters) -Stellantis (STLA) and Chinese battery maker CATL (300750.SZ) will invest 4.1 billion euros ($4.33 billion) in a factory making electric vehicle batteries in Zaragoza in northern Spain, they said on Tuesday. The companies have set up a 50-50 joint venture for the project and expect to start production by the end of 2026….
CATL and BYD continued to hold the top two positions as the world’s largest battery makers in the January-October period, both increasing their share slightly from January-September. Contemporary Amperex Technology Co Ltd (CATL, SHE: 300750) and BYD (HKG: 1211, OTCMKTS: BYDDY) remained the world’s top two largest battery makers in the January-October period, both increasing…
With Donald Trump elected again as US president, China is concerned about the self-professed “Tariff Man” and his threats to kill off Chinese imports with big increases in tariffs, which are to be imposed on his first day back in the Oval Office next January. In response, the Biden administration and its Western allies complain…
Don’t let the EV doomers get you down, the market for electric cars in the United States isn’t shrinking. It’s just not growing very fast. And, sure, hybrids are way more popular and probably softened the demand for electric cars. That happened. But it doesn’t mean that people won’t buy a properly marketed electric car…
CATL and BYD continued to hold the top two positions as the world’s largest battery makers in the January-September period, with the former seeing a slight decrease in share and the latter remaining unchanged. CATL and BYD (HKG: 1211, OTCMKTS: BYDDY) remained the world’s two largest power battery makers in January-September, with the former losing…
The big bosses at DBS Bank and HSBC’s money-management unit became new owners of luxury homes in Hong Kong in October amid a revival in optimism and stock market wealth, helping drive the property market to its busiest month since May. Transactions involving new and lived-in homes, offices, shops, car parks and industrial spaces jumped…
BEIJING (Reuters) -Chinese battery giant CATL on Thursday launched its first battery product focused on extended-range hybrids at a time when this category of electrified cars is seeing the fastest growth in sales among all segments. The battery, known as Freevoy, is the world’s first hybrid battery with a range of over 400 km (249…
CATL and BYD both saw their share of the Chinese EV battery market decrease slightly in September, as smaller players, including Gotion High-tech, gained share. In September, China’s installed volume of power batteries was a record 54.5 GWh, up 49.6 percent year-on-year and up 15.5 percent from August, according to data released today by the…
CATL and BYD continued to hold the top two positions as the world’s largest battery makers in the January-August period, with the former seeing a slight decrease in share and the latter an increase. CATL and BYD (HKG: 1211, OTCMKTS: BYDDY) remained the world’s two largest battery makers in January-August, with the former losing share…