CATL

The battery production base is being built in three phases, with the first phase of 60 GWh already in operation.

CATL launched a "75#" standardized battery swap pack for heavy-duty trucks, following a similar move for passenger cars last December.

CATL's issue size adjustment option will be exercised and it will raise about HK$35.66 billion ($4.57 billion) in total.

CATL and Changan Mazda will jointly build NEVs based on CATL's CIIC skateboard chassis.

BYD's share rose 1.83 percentage points in April from March, while CATL's fell 2.94 percentage points.

CATL vice chairman Li Ping, a Fudan University alumnus, is donating to establish a research fund.

CATL plans to use about 90 percent of the proceeds for its project in Hungary.

The Tener Stack system is capable of charging around 150 EVs or powering an average home for six years.

CATL and BYD's combined EV battery installations in January-March amounted to 121.9 GWh, accounting for 55.0 percent of the global market.

CATL's joint venture in Indonesia plans to build a battery cell manufacturing plant with an annual capacity of 15 GWh.