CATL, Nio Sign $346 Million Deal to Expand Battery-Swapping Grid
The world’s largest battery manufacturer, Contemporary Amperex Technology Co. Ltd., has agreed to invest up to 2.5 billion yuan ($346 million) in building out a battery-swapping network across China in collaboration with electric vehicle maker Nio Inc.
CATL, Nio to collaborate in EV battery swapping
China’s largest electric vehicle (EV) battery manufacturer Contemporary Amperex Technology Company Limited (CATL) announced this week it has signed an agreement with Nio Inc to collaborate in the development of the world’s largest EV battery swapping network.
CATL's overseas business accounted for 30.5 percent of its total revenue last year, narrowing from 32.7 percent. The firm ...
The world's largest electric-vehicle battery maker has filed for a listing in Hong Kong, without disclosing the exact size ...
The Chinese company, a longtime supplier to Powin, alleges Powin owes it $44.3 million for hundreds of thousands of battery ...
Contemporary Amperex Technology Co. Ltd. posted record annual earnings for 2024, the strong financials further evidence of ...
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CATL working on next gen sodium-ion batteriesThe company developed its first-generation sodium-ion battery in 2021, offering high energy density, fast charging capability and good thermal stability, while also performing wel ...
CATL reported 15% growth in 2024 net profit, the slowest pace in six years, as a prolonged price war in China's electric ...
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