While capital expenditure may swell from $4.3 billion in 2024 to nearly $6 billion in 2028, CATL's net cash could nearly triple to roughly $60 billion over the same period, per analyst estimates.
European OEM Stellantis has announced a new joint venture with the world’s largest battery manufacturer CATL, to build a large-scale lithium iron phosphate (LFP) battery plant at one of the ...
It’s hard to overstate the reach Contemporary Amperex Technology Co Ltd (CATL) has in the world’s electric car market.
Shares of Tencent Holdings sank 7% in Hong Kong trading Tuesday after the WeChat parent was added by the U.S. Department of Defense to its list of "Chinese military companies." ...
Stellantis, CATL to build EV gigafactory in Spain Venture aims for 50 GWh capacity, output to start end-2026 Aims to help Europe reduce reliance on battery makers in Asia Subsidies, lower energy ...
The Department of Defense accused Tencent and EV battery giant CATL of having ties to China's military. Tencent calls the ...
Stellantis is committed to bringing more affordable battery electric vehicles in support of its Dare Forward 2030 strategic plan leveraging its dual-chemistry strategy Plant will enable CATL to ...
The 50-50 joint venture between CATL and Stellantis will boost Stellantis’ best-in-class LFP offer in Europe enabling the automaker to offer more high-quality, durable and affordable battery ...
The U.S. blocked CATL, citing military ties, impacting its market share and IPO plans amid concerns over its EV battery ...
Stellantis and CATL to Invest Up to €4.1 Billion in Joint Venture for Large-Scale LFP Battery Plant in Spain Joint venture to build an all-new lithium iron phosphate (LFP) battery plant at ...
CATL’s market share in 2024 was about 37%, well ahead of Chinese rival BYD Co. at 17%, which considering it also makes cars, ...
Stellantis N.V. (NYSE:STLA) shares are trading higher premarket on Tuesday. The company has partnered with CATL to invest up to €4.1 billion (around $4.3 billion) in a joint venture to build a ...