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CATL INVESTMENT
DeepSeek close to sealing $7 billion funding in historic AI dealChinese AI startup DeepSeek is nearing a massive $7.4 billion funding round, with tech giants Tencent and CATL leading the investment. Deep...- DeepSeek slated to draw $7 billion in maiden fundraising, sources sayThe fundraising could value the company after the investment at between 350 billion yuan and 400 billion yuan, or between $52 billion and...
- Want to jump into the 'China is back' rally? Tread carefullyInvestors are increasingly betting that “China is back” as the economy rebounds from years of deflation, helped by strong manufacturing, ex...
- Startups, not the only game in townIndia faces a job creation challenge as millions enter the workforce. The nation needs to support entrepreneurship in key sectors like infr...
- Iran war's global energy crisis sharpens China's advantage in clean techThe Iran war and disruptions in the Strait of Hormuz are accelerating a global shift from fossil fuels to renewable energy, positioning Chi...
- China's Hellobike sets up new robotaxi firm with Ant Group, CATLThe three parties have invested over 3 billion yuan ($417.40 million) in total in the new firm as an initial investment, Hellobike said in ...
- CATL in talks to buy controlling stake in Nio's power unit, sources sayCATL is in discussions to acquire a controlling stake in Nio's power unit, which operates over 3,000 battery swapping stations in China. Th...
- China EV giant BYD soars after 5-minute charging platform unveiledShares in Chinese EV giant BYD surged to a record high Tuesday after it unveiled new battery technology it says can charge a vehicle in the...
- CATL says it has co-developed 10 new EV models with swappable batteriesCATL is partnering with automakers to launch 10 new EVs with swappable "choco-swap" batteries. They aim to build 1,000 swapping stations ne...
- China pumped in over $100 bln overseas in cleantech since 2023, research group saysSince 2023, Chinese firms have invested over $100 billion in overseas clean energy projects to bypass U.S. and other tariffs, per Climate E...
- US lawmakers call to add China's CATL, Gotion to import ban list, WSJ reportsRepublican lawmakers are urging the addition of Chinese battery companies CATL and Gotion High Tech to an import ban list, alleging their s...
- Lawmakers want US to probe four Chinese firms involved in Ford battery plantThe four Chinese companies have direct ties to the Chinese military, Chinese Communist Party, North Korean government and alleged human rig...
- Republican lawmaker seeks details of Tesla relationship with Chinese battery company CATLA senior Republican in Congress has raised concerns about Tesla's relationship with Chinese battery manufacturer CATL, questioning whether ...
- China's Sunwoda plans $274.7-million Hungarian battery plantThe money will be used for purposes including land purchase, project construction and equipment procurement, Sunwoda said in a filing to th...
- The global EV transition hinges on one Chinese companyCATL, the Fujian-based firm, has a strong hold in the global EV ecosystem. Its batteries are in Mercedes, Teslas and many other electric ve...
- Ford to build battery plant in Michigan in drive with Chinese tech partnerFord's plan to build the battery plant near Marshall, Michigan, hinges on a judgment that lower cost and faster recharging will attract man...
- Who says China has locked in the EV supply chain?After effectively popularizing safer and cheaper lithium iron phosphate, or LFP, chemistry for EV batteries, China’s Contemporary Amperex T...
- China shares up on Stock Connect inflows; financials drag Hang SengGains in the CSI300 were led by battery maker Contemporary Amperex Technology (CATL), up 4.16%, and distiller Kweichow Moutai, which was 1....
- Why a Chinese company dominates Electric Car batteriesCATL has given China a commanding lead in electric car batteries, a technology central to the broader green revolution. The company already...
- The next best electric car battery is here, cheaper than everThe sodium-based batteries aren’t going to take electric cars any further than lithium can. Not anytime soon, at least. However, the materi...
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