CATL launched a $5 billion Hong Kong share placement at a 3.5-7% discount, funding a massive Hungary plant amid surging profits and global expansion. The deal tests investor appetite as EV pressures mount.
The world’s largest EV battery maker priced its Hong Kong listing at HK$263 in May 2025. Its shares touched HK$701 before the placement was announced.…
CATL recently unveiled its new battery technology, promising improvements in some of the most difficult tradeoffs in EV performance. Its third generation Shenxing battery can be recharged almost fully in around six minutes, while also maintaining stronger…
CATL unveiled a new wave of EV battery tech, "including a lighter battery pack rated for a 1,000-km (621-mile) driving range and an upgraded fast-charging battery that can go from 10 percent to 98 percent in under seven minutes," reports Interesting…