Shenzhen-listed shares of CATL closed 2.8% lower, shaving off 32.2 billion yuan ($4.4 billion) in market value. Both companies called the move, which comes two weeks before U.S. President-elect ...
About one in three electric cars have a CATL battery under their hood. As the industry’s dominant supplier, it’s little wonder some may feel nervous now CATL is in the spotlight after being ...
The Department of Defense on Monday added CATL, the world's largest producer of electric-vehicle batteries, to its list of "Chinese military companies" operating in the United States. The video ...
Battery maker CATL said in a statement posted on its website that the company “has never engaged in any military-related business or activities" and said the designation would not have adverse ...
The world’s leading EV battery maker wants to make gas stations a thing of the past. On Wednesday, CATL revealed ambitious plans to expand its EV battery swap network with ten new models.
Contemporary Amperex Technology (CATL), China’s largest producer of batteries for electric vehicles (EVs), plans to build 1,000 battery swap stations nationwide in 2025 to ease range anxiety ...
The Chinese battery manufacturer CATL was also added to the list. By Alexandra Stevenson Reporting from Hong Kong The Pentagon on Monday labeled Tencent, the Chinese social media and gaming giant ...
HONG KONG -- The share prices of Chinese tech conglomerate Tencent Holdings and battery maker Contemporary Amperex Technology (CATL) fell sharply on Tuesday, after they were added to a Pentagon ...
Hongqi has become the second automotive brand in just one month to adopt CATL’s battery swap solution. Credit: Owlie Productions/Shutterstock. FAW Group’s Hongqi ...
The U.S. Defense Department said on Monday it has added Chinese tech giants including gaming and social media leader Tencent Holdings and battery maker CATL to a list of firms it says work with ...
First EV using 'choco swap' battery to be rolled out this month Subscription fee for the service starts at 369 yuan per month CATL aims to build 1,000 battery swapping stations next year XIAMEN ...
The designations had immediate effects, with both Tencent and CATL suffering market falls: the former dropped more than 7% in Hong Kong trading, and the latter suffered a roughly 5% stock decline.