CATL
CATL officially sets price of its share offering at RMB 410
CATL raises a total of RMB 45 billion through the offering, which will be used for lithium battery capacity construction and technology development projects.
CATL to unveil Qilin battery today
With the same chemistry and the same pack size, the Qilin battery has 13 percent higher capacity than the 4680 battery, CATL executives said earlier.
CATL to supply batteries for Kia's Niro SUV sold in South Korea
Korean media reported yesterday that Kia has selected CATL's batteries for its electric Niro SUV. Chinese media today quoted CATL sources as confirming the report.
CATL equips most of its bases with 5G connectivity, covering over 5 million square meters
CATL has equipped seven of its global production sites with 5G connectivity and aims to extend it to all 10 sites in the future.
CATL expands its battery swap service to Hefei
CATL's battery swap brand EVOGO today put three battery swap stations into operation in Hefei and expects to have 20 such facilities in the city by the end of this year.
CATL to unveil CTP 3.0 Qilin battery soon, chief scientist says
The Qilin battery's innovative design prevents thermal runaway of the pack and holds 13 percent more power than the 4680 battery, according to CATL's Wu Kai.
CATL has set price for its share offering at RMB 410, report says
The pricing represents a 12 percent discount to CATL's closing price in Shenzhen on Wednesday and a premium of about 21 percent to the offering's floor price of RMB 339.67.
CATL's share in China's power battery market rebounds in May while BYD declines
CATL and BYD's share of the China power battery market returned to their respective normal levels in May, after a Covid disruption in April narrowed their gap significantly.
CATL denies rumors that losses on its futures investments will drag down earnings
There have been rumors recently that CATL may recognize a loss on its futures investment in its first-half earnings report, leading to very poor second-quarter results.
CATL said to supply round batteries for BMW's new EV models
BMW plans to use round cells in models based on the Neue Klasse electric vehicle platform to be released in 2025, which is expected to bring down costs by 30 percent.