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CATL's Hong Kong Shares Sink 8% On Tuesday— What's Going On?
Tuesday, April 28, 2026 - 3:20am | 530Read More...Shares of Contemporary Amperex Technology Ltd. (CATL) saw nearly 8% drop on Tuesday in the Hong Kong market after the Chinese battery maker disclosed a HK$39.2 billion (about $5 billion) equity offering. The company intends to raise the funds via a private placement in response to the company...
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Tesla's Biggest Threat Isn't BYD — It's A Company That Doesn't Even Make Cars
Monday, April 6, 2026 - 2:53pm | 479Read More...Tesla, Inc. (NASDAQ:TSLA) investors are used to watching rivals like BYD Co., Ltd. (OTC:BYDDF) (OTC:BYDDY). But the real threat may be sitting one layer deeper—inside the battery. Because the company shaping the economics of electric vehicles isn't another automaker. It's Contemporary Amperex...
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Iran War Is Boosting Oil — But A $70 Billion Surge In Battery Stocks Signals A Bigger Shift
Monday, March 23, 2026 - 12:02pm | 601Read More...The Iran war is pushing oil prices higher—but markets may already be positioning for what comes next. Oil price has surged sharply since the conflict escalated, lifting energy stocks and reviving inflation concerns. But while oil majors have gained, the bigger move may be happening elsewhere....
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Tesla, GM Supplier CATL Dominates Global EV Battery Supply Charts With 37.5% Market Share, BYD Emerges 2nd
Wednesday, September 3, 2025 - 6:17am | 734Read More...Tesla Inc. (NASDAQ:TSLA) and General Motors Co. (NYSE:GM) EV battery supplier Contemporary Amperex Technologies Ltd. (CATL) has topped the global EV battery market, leading the sector with a healthy lead over closest rival BYD Co. Ltd. (OTC:BYDDY) (OTC:BYDDF). CATL Captures 37.5% Of Global EV...
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Tesla Supplier CATL Hits Milestone With 1 Million Battery Packs Delivered To Li Auto
Wednesday, June 11, 2025 - 8:50am | 351Read More...Tesla Inc. (NASDAQ:TSLA) battery supplier, Contemporary Amperex Technology Limited, or CATL, has delivered 1 million battery packs to Li Auto Inc. (NASDAQ:LI). What Happened: The Chinese battery giant delivered the 1-millionth battery pack in the presence of CATL founder and CEO Robin Zeng and Li...
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Tesla Supplier CATL Sets Modest Underwriting Fees For World's Biggest IPO Of 2025
Tuesday, May 13, 2025 - 4:18am | 618Read More...Investment banks managing Tesla (NASDAQ:TSLA) battery supplier CATL’s IPO, the world’s largest listing of 2025, are set to earn underwriting fees that fall below the industry standard. What Happened: Nine underwriters of Shenzhen-listed battery titan CATL are projected to receive a...
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Tesla Supplier CATL Eyes $5 Billion Hong Kong Listing Amid US Sanctions, Market Revival: Report
Tuesday, February 11, 2025 - 12:21am | 418Read More...Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest electric vehicle battery manufacturer, is preparing to file for a secondary listing in Hong Kong this week that could raise at least $5 billion, marking one of the territory’s largest offerings in recent years. What...
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US Adds Tencent, Tesla Supplier CATL To 'Chinese Military' Blacklist, Shares Tumble
Tuesday, January 7, 2025 - 5:38am | 531Read More...The U.S. Department of Defense, on Monday, added several Chinese firms, including Tesla Inc. (NASDAQ:TSLA) supplier Contemporary Amperex Technology Co. Limited (CATL), Tencent Holdings (OTC:TCEHY), to its list of companies allegedly supporting Beijing's military efforts, causing a sharp decline in...
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EV Battery Maker CATL Eyes 2nd Listing In Hong Kong To Raise $5 Billion Or More: Report
Thursday, December 19, 2024 - 5:15am | 395Read More...Chinese electric vehicle battery manufacturer Contemporary Amperex Technology Co. Ltd. or CATL is reportedly considering a second listing in Hong Kong. What Happened: The listing could raise at least $5 billion, Bloomberg reported, citing people familiar with the matter. The company is talking with...
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Chinese Giant CATL Co-Develops 10 EV Models With Battery Swap Technology: Report
Wednesday, December 18, 2024 - 8:27am | 390Read More...EV battery supplier CATL has reportedly co-developed 10 new electric vehicle models with automakers that use swappable batteries. What Happened: The first EV using CATL’s battery-swapping brand EVOGO’s “choco swap battery” will be rolled out this month, Reuters reported,...
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Tesla's Chinese Battery Supplier CATL 'Open Minded' About US Expansion If Trump Welcomes Chinese Investments
Wednesday, November 13, 2024 - 3:47am | 697Read More...Amid the evolving landscape of U.S.-China trade relations, CATL, one of the world’s largest battery manufacturer, has expressed interest in establishing a manufacturing plant in the United States. What Happened: Robin Zeng, the founder and chairman of CATL, shared this perspective in a...
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Tesla Supplier CATL Seeks $1.5B Funding To Expand Global EV Battery Supply Chain
Friday, July 12, 2024 - 5:47am | 500Read More...In a recent development, Contemporary Amperex Technology Co. Limited (CATL), a prominent supplier to Tesla Inc. (NASDAQ:TSLA), is reportedly in talks to raise a $1.5 billion fund to boost its global EV battery supply chain. What Happened: The company, which also caters to Volkswagen and Ford, plans...
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Tesla Supplier CATL Expects Electric Airplanes Powered By Its Batteries To Fly More Than 1,800 Miles By 2028
Wednesday, June 26, 2024 - 5:56am | 577Read More...Tesla battery supplier Contemporary Amperex Technology Co Ltd. is eyeing an 8.8-ton electric aircraft powered by its high energy density battery and with a range of more than 1,800 miles by 2027 or 2028. What Happened: CATL is testing its high energy-density batteries in planes, company chairman...
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GOP Lawmakers Urge Ban On Chinese Battery Suppliers Tied To Ford, Volkswagen Over Forced Labor Allegations
Friday, June 7, 2024 - 6:03am | 498Read More...A group of Republican lawmakers has reportedly called for a ban on Chinese battery suppliers with connections to Ford Motor Co. (NYSE:F) and Volkswagen AG (OTC:VWAGY) over allegations of using forced labor. What Happened: The lawmakers have urged the Biden administration to add Contemporary Amperex...
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China's Pumping Big Money Not Just Into Chip Sector But Also EV Batteries: Key Tesla, Nio Suppliers Among Those Eligible To Get $830M R&D Funding
Wednesday, May 29, 2024 - 8:15am | 612Read More...China is reportedly set to allocate more than 6 billion yuan ($830 million) to a state-led initiative aimed at advancing solid-state battery technology, in addition to its recent investments aimed at bolstering its domestic semiconductor industry. What Happened: Six firms are eligible to receive...
















