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.
Contemporary Amperex Technology Co. Ltd. posted record annual earnings for 2024, the strong financials further evidence of ...
CATL reported 15% growth in 2024 net profit, the slowest pace in six years, as a prolonged price war in China's electric ...
The Chinese company, a longtime supplier to Powin, alleges Powin owes it $44.3 million for hundreds of thousands of battery ...
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 ...
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 ...
CATL's overseas business accounted for 30.5 percent of its total revenue last year, narrowing from 32.7 percent. The firm ...
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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