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.
The U.S. blocked CATL, citing military ties, impacting its market share and IPO plans amid concerns over its EV battery ...
It’s hard to overstate the reach Contemporary Amperex Technology Co Ltd (CATL) has in the world’s electric car market.
Chinese internet giant Tencent’s shares slumped sharply on Tuesday after the company was added to a Pentagon blacklist for ...
CATL’s market share in 2024 was about 37%, well ahead of Chinese rival BYD Co. at 17%, which considering it also makes cars, ...
Tencent and Contemporary Amperex Technology Co. Ltd. (CATL) have been added to a US blacklist for alleged ties to China’s ...
The Department of Defense accused Tencent and EV battery giant CATL of having ties to China's military. Tencent calls the ...
The Pentagon has flagged Tencent, a top Chinese social media and gaming giant, as a 'Chinese military company.' The move ...
Vehicle production by car maker Stellantis in Italy fell by 37% last year, hit in particular by a steep plunge in car ...
NEW YORK - The United States has blacklisted Tencent Holdings and Contemporary Amperex Technology Co. Ltd. (CATL) for alleged ...
The US blacklisted Tencent and CATL for alleged links to the Chinese military, impacting major gaming and EV sectors. Both ...