Thursday, August 12, 2021

China's CATL looks to raise $9 billion to expand lithium-ion battery production

As the global auto industry accelerates transformation towards electrification, CATL is supplying electric vehicle batteries to a swathe of automakers including Tesla Inc , Volkswagen AG and Geely. It is competing with Japan's Panasonic and South Korean LG Chem.

from Gadgets Now https://ift.tt/2VM5XHq

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