CATL, Nio Sign $346 Million Deal to Expand Battery-Swapping Grid
The world’s largest battery manufacturer, Contemporary Amperex Technology Co. Ltd., has agreed to invest up to 2.5 billion yuan ($346 million) in building out a battery-swapping network across China in collaboration with electric vehicle maker Nio Inc.
From an expectation of strong growth for China’s CATL to Zeekr challenging BMW and Mercedes, here are seven EV stories you ...
CATL reported 15% growth in 2024 net profit, the slowest pace in six years, as a prolonged price war in China's electric ...
Contemporary Amperex Technology Co. Ltd. posted record annual earnings for 2024, the strong financials further evidence of ...
GUANGZHOU -- China's Contemporary Amperex Technology (CATL) has held onto its global lead in electric vehicle batteries and widened its profit margins thanks to high-performance products, even as ...
The company developed its first-generation sodium-ion battery in 2021, offering high energy density, fast charging capability and good thermal stability, while also performing wel ...
CATL's overseas business accounted for 30.5 percent of its total revenue last year, narrowing from 32.7 percent. The firm ...
The bill sponsored by Rep. Carlos Gimenez, a Republican from Florida, would prohibit the federal department that oversees public security from buying batteries produced by Contemporary Amperex ...
BYD’s market value rose past RMB 1.16 trillion ($160 billion) to overtake that of CATL in mainland China for the first time ...
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