At the World Economic Forum last week in Switzerland, CATL’s co-chairman explained that China’s rapid growth is due to what are now being called EIVs. Pan said EV sales are surging because of ...
While capital expenditure may swell from $4.3 billion in 2024 to nearly $6 billion in 2028, CATL's net cash could nearly triple to roughly $60 billion over the same period, per those analyst ...
About one in three electric cars have a CATL battery under their hood. As the industry’s dominant supplier, it’s little wonder some may feel nervous now CATL is in the spotlight after being ...
The company stated that it is not involved in military activities. Why it matters: CATL’s share price has declined 3% at the time of writing. While the CMC list does not impose direct sanctions ...
HONG KONG -- The share prices of Chinese tech conglomerate Tencent Holdings and battery maker Contemporary Amperex Technology (CATL) fell sharply on Tuesday, after they were added to a Pentagon ...
The U.S. Defense Department said on Monday it has added Chinese tech giants including gaming and social media leader Tencent Holdings and battery maker CATL to a list of firms it says work with ...
Discussions on a possible partnership between the two companies have been ongoing since the summer with representatives meeting at CATL headquarters in Ningde, China, according to the report.
Trump's designated cabinet pick for Secretary of State, Senator Marco Rubio of Florida, has pushed for CATL to be added to the Pentagon's blacklist of companies that cannot bid for U.S. government ...