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The IPO had raised HK$35.7 billion ($4.6 billion) according to a company filing, reportedly making it the largest global ...
Contemporary Amperex Technology Co. Ltd., or CATL, controls more than a third of the global market for EV batteries and is ...
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GlobalData on MSNChinese battery firm CATL raises $4.6bn in Hong Kong IPOCATL's IPO is reported to be the largest listing made in 2025 globally. On the Shenzhen stock exchange, CATL shares initially ...
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
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Just Auto on MSNNew BMW iX: the EV for petrolheadsNow with a claimed range of 400-plus miles, new variants and a facelift, BMW’s biggest EV suddenly looks like a segment ...
Yet, intense competition in China from local producers led by BYD Co. continues to weigh on BMW’s performance in the world’s biggest EV market. The manufacturer’s sales in China fell 17% in the first ...
“The EV market, especially in China, is incredibly competitive,” says Kris Tomasson, vice president of design for Nio, one of China’s leading EV startups. To keep ahead of the ...
Shares in China's CATL jump over 17% in Hong Kong debut as battery maker rides electric-vehicle boom
In March, CATL posted a 9.7% drop in its 2024 annual revenue, hit by intense competition in China's electric-vehicle market that pressured the world's top battery producer. Still, the company's ...
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