EV tariffs – Charm

CATL, China’s top EV battery maker, eyes global dominance with US$5 billion Hong Kong IPO

Cs news8 months ago03 mins

Contemporary Amperex Technology, mainland China’s biggest producer of electric vehicle (EV) batteries, has been shrewd in seizing the opportunity presented by the stock market upswing to tap foreign investors for fresh capital, according to industry executives and analysts. CATL, as the company is known, is eager to replenish its coffers through a first-time Hong Kong…

Government Support Fuels China’s EV Boom

Cs news11 months ago08 mins

While electric vehicle (EV) sales are lagging in the U.S., contrary to the previously optimistic forecasts, Chinese EV sales are now booming. Several major Chinese automotive companies, as well as multiple start-ups, have reported record sales figures in the third quarter of the year. This trend has been widely anticipated by industry experts thanks to…