CATL

Chinese battery giant CATL‘s chairman Robin Zeng on Monday reportedly visited the hotel in Beijing where Tesla Inc (NASDAQ:TSLA) CEO Elon Musk is staying on his visit to China. What Happened: Zeng visited Musk’s hotel in Beijing on Monday, Reuters reported, citing witnesses. The...

Morgan Stanley analyst and Tesla Inc (NASDAQ:TSLA) bull Adam Jonas believes a partnership between the U.S. EV giant and Chinese battery maker CATL could be a game-changer with the ‘power-couple’ potentially recharging the U.S. EV market. What Happened: Jonas believes that the U.S. EV...

Contemporary Amperex Technology (CATL), a major Chinese electric vehicle battery manufacturer, has projected a substantial increase in its 2023 profit. This forecast has led to a significant rise in the company’s shares despite a general market downturn. What Happened: CATL’s shares on...

Xiaomi Corp‘s (OTC:XIACY) foray into the electric vehicle market has taken an intriguing turn as it has reportedly selected battery suppliers for its EV division.  What Happened: According to sources within the Chinese smartphone giant, Xiaomi has chosen China Aviation...

The alliance between Ford Motor Co (NYSE:F) and Contemporary Amperex Technology Co. Limited, CATL, has drawn the attention of two U.S. House of Representatives committees. The focal point of the investigation is Ford’s plan to construct a $3.5-billion battery facility in Michigan, utilizing...

Major Wall Street indices closed in the green on Thursday, led by gains in technology stocks. However, the Joe Biden-administration's proposal for stricter rules for mid-size banks pulled banking stocks down. Investors also weighed in the release of the U.S. fourth-quarter GDP growth that stood...

Chinese President Xi Jinping reportedly told Tesla Inc. (NASDAQ:TSLA) battery supplier Contemporary Amperex Technology Co. Limited, or CATL, that he had mixed feeling about its status as the world’s largest battery maker. What Happened: Xi said he was “both happy and worried”...

Tesla Inc.’s (NASDAQ: TSLA) battery supplier Contemporary Amperex Technology Co. Limited, or CATL, called on the Chinese government to step up safety and quality standards in the battery energy storage industry. What Happened: Zeng Yuqun, the chairman of CATL, called for a series of...

Ford Motor Company (NYSE: F) is investing $3.5 billion to build the United States’ first lithium iron phosphate battery plant. What Happened: The plant, a wholly-owned subsidiary of Ford, will be built in Marshall, Michigan, as part of the company’s $50 billion “global push...

Tesla Inc.’s (NASDAQ: TSLA) battery supplier Contemporary Amperex Technology Co. Limited, or CATL, has cemented its dominant position in the electric vehicle battery market toward the end of 2022, a new report stated. What Happened: The Ningde, China-based manufacturer’s EV...

Contemporary Amperex Technology Co Ltd (CATL), a battery supplier to Tesla Inc (NASDAQ: TSLA) and Nio Inc (NYSE: NIO), has estimated its net profit during the July-September quarter to nearly triple from a year earlier, supported by significant expansion in production, reported Reuters. What...

Chinese battery-maker CALB Co., which is a rival to companies like Contemporary Amperex Technology Co Ltd. (CATL) and Warren Buffett-backed BYD Co. (OTC: BYDDF) (OTC: BYDDY), is looking to raise as much as HK$13.6 billion ($1.7 billion) in its Hong Kong initial public offering, reported Bloomberg....

COVID-19 brought to the fore the problems electric vehicle makers face when the supply chain is challenged. Tesla, Inc. (NASDAQ: TSLA) seemed to have removed the risk out of the equation as far as its battery supply is concerned. Tesla for the first time has access to all the...

Chinese battery maker CALB Co., which is a rival to companies like Contemporary Amperex Technology Co Ltd. (CATL) and Warren Buffett-backed BYD Co. (OTC: BYDDF) (OTC: BYDDY), has started gauging investor demand for its $2 billion Hong Kong initial public...

Tesla, Inc. (NASDAQ: TSLA) battery supplier Contemporary Amperex Technology Co., Limited , aka CATL, has reportedly announced a major management overhaul. The Ningde, China-based electric vehicle battery maker said its Vice Chairman and Deputy General Manager Huang Shilin has resigned, effective...