China’s EV battery king CATL files Hong Kong IPO plan to fund global expansion
CATL, as the Chinese company is known, submitted its application draft with the Hong Kong stock exchange on Tuesday, following the board’s approval in December. The IPO size and timeline were not disclosed. A US$5 billion deal, as reported by Reuters, would rank as the largest since Kuaishou Technology raised US$6.2 billion in January 2021.
8hon MSN
Overseas business made up 31 per cent of CATL’s total sales in the first nine months of 2024, versus 32.7 per cent in 2023, according to exchange filings.
CATL's mine in the southern Chinese province of Jiangxi has been a major contributor to rapidly growing supplies of lithium ...
Jiangsu Lopal Tech Co. and Contemporary Amperex Technology Co. Ltd. are restarting their lithium refinery in China after a ...
Although the EX90 is built in South Carolina, Volvo sources its batteries from China’s CATL. After raising EX90 prices ...
CHINESE battery giant CATL is expected to raise at least US$5 billion in a Hong Kong listing, according to two sources with ...
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China Unveils Its Latest Breakthrough Technology That Could End EV Charging Delays ForeverThe future of electric vehicles (EVs) just got a major boost. Imagine pulling into a station, swapping out your depleted ...
Chinese battery giant CATL (300750.SZ) is resuming operations at its lithium lepidolite mine in China's Jiangxi province, USB said in a note on Thursday, four months after reports the company had ...
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