Battery

BYD has signed an agreement with Spain's Grenergy to supply an additional 3.5 GWh of energy storage systems.

Listing in Hong Kong means wider integration of CATL into the global capital markets, its chairman said.

CATL rose about 8 percent to HK$284 in Hong Kong gray market trading as of press time.

The battery production base is being built in three phases, with the first phase of 60 GWh already in operation.

Gotion's Gemstone all-solid-state battery has been loaded into vehicles and tested on the road.

CATL launched a "75#" standardized battery swap pack for heavy-duty trucks, following a similar move for passenger cars last December.

CATL's issue size adjustment option will be exercised and it will raise about HK$35.66 billion ($4.57 billion) in total.

CATL and Changan Mazda will jointly build NEVs based on CATL's CIIC skateboard chassis.

BYD's share rose 1.83 percentage points in April from March, while CATL's fell 2.94 percentage points.

CATL vice chairman Li Ping, a Fudan University alumnus, is donating to establish a research fund.