Shares in Leading Chinese Battery Maker CATL Hit All-Time High, Deal with Tesla Till 2025
Since the end of March, the share price of CATL has increased significantly. According to statistics, the price of the firm's stocks grew by 71.02% from March 25 to June 28, while the market increased by 13% in the same period.
Jun 29, 2021 04:48 PM
CATL, Major Battery Supplier, Hits CNY 1 Trillion Market Cap for First Time
Shares of Contemporary Amperex Technology (CATL), the battery supplier to Chinese electric vehicle company NIO, as well as Tesla, surged in Shenzhen trading on Monday, sending its market capitalization to touch CNY 1 trillion (USD157 billion) for the first time and marking a significant moment in the development of China's new energy vehicle industry.
May 31, 2021 11:25 AM