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BATTERY GIANT CATL
Sinking profits turn China’s $3.5 trillion rout into trapChinese stocks are experiencing a significant selloff resulting in a loss of $3.5 trillion since May. Increased competition and declining d...- Global Market: China, Hong Kong stocks fall as CATL slump, consumer worries weighChinese and Hong Kong stocks fell as slower profit growth at CATL and concerns over weak domestic consumption weighed on sentiment. Consume...
- Xi's coming to America: US won't announce new tariffs until leaders meet next weekUS and Chinese negotiators are set to meet over the weekend to discuss any agreements ahead of Xi's state visit. The trip would be Xi's fir...
- As private wallets begin to open, India's big future bet takes offIndia’s Rs 1 lakh crore RDI programme is beginning to unlock venture capital flows into deeptech, marking a shift in the country’s attempt ...
- Nikhil Kamath asks whether India should build EVs or batteries. The answer from Chinese experts may surprise youNikhil Kamath’s conversation with Chinese battery experts explores whether India should build electric vehicles or focus on batteries. The ...
- Chinese battery giant CATL sees profit surge on energy storage demandChinese battery giant Contemporary Amperex Technology Co. Limited (CATL) saw net profit surge 42 percent compared to the same period last y...
- 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...
- Major advances in EV batteries announced by Chinese companyCATL, the world's leading electric car battery supplier, has unveiled groundbreaking battery technology poised to revolutionize the EV mark...
- 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...
- China's CATL launches fast-charging LFP battery, production expected by year-endMass production of the new battery called Shenxing is expected by the end of the year while electric vehicles equipped with Shenxing batter...
- Battery giant CATL posts slower profit growth as competition heats upChina's battery makers including CATL are facing challenges of weakening demand and bigger cost reduction pressure from EV makers amid a pr...
- China's former industry minister urges Beijing to lead in setting EV battery standardsMiao Wei said it is urgent and important to standardise battery specifications and sizes for electric vehicles to secure China's leadership...
- Elon Musk visits China's commerce ministryA day earlier, he met with Chinese Foreign Minister Qin Gang. He also had dinner with Zeng Yuqun, chairman of CATL , the Chinese battery gi...
- 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...
- 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...
- Apple's talks with Chinese battery makers CATL and BYD mostly stalled, says sourcesThe firms informed Apple sometime in the past two months that they were not able to meet its requirements, the people said. But the U.S. co...
- China shares end lower as chipmakers drag; post weekly gainThe blue-chip CSI300 index fell 0.6% to 4,945.98, while the Shanghai Composite Index slipped 0.2% to 3,516.30. For the week, the SSEC rose ...
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