Battery

CATL is still in talks with government agencies to renew the permit but is prepared to extend the suspension for several months, Bloomberg reported.

GM plans to import batteries from CATL to power its second-generation Chevrolet Bolt EV, despite facing high tariffs.

CATL and Car Inc will launch a pilot program this year and gradually deploy over 100,000 battery-swappable vehicles.

CATL and BYD's combined EV battery installations in the first half of 2025 stood at 280.8 GWh, accounting for 55.7 percent of the global total.

CATL said that the goal of reaching 1,000 battery swap stations for passenger vehicles by the end of the year is achievable.

Sunwoda is one of China's largest EV battery makers, with clients including Li Auto, Xpeng, Leapmotor, and SAIC.

CATL provides the electric tourist vessel with batteries with a capacity of 3,918 kWh and a range of 100 km.

Compared with the offering price of HK$263, CATL has risen 71 percent.

CATL's skateboard chassis business recently launched the financing for RMB 2 billion ($280 million), with a pre-investment valuation of about RMB 9 billion.

The semi-solid-state batteries will be supplied to BMW Mini's next-generation models, with mass production planned for 2027.