CATL, the world leader in batteries for electric vehicles, is expanding its presence in Europe and is developing quick-change battery technology.
Liviu Brăteanu
International
sursa foto: WANG Zhao / AFP / Profimedia
Always see our news on Google
CATL, the largest maker of batteries for electric vehicles, is accelerating its international expansion, directing 90% of its IPO proceeds to expansion in Europe, including a factory in Hungary. The company is facing challenges in the Chinese market, where a price war is hurting profit margins. In Europe, CATL is introducing quick-change battery technology that could revolutionize electric vehicle charging, though high costs and lack of standardization pose significant challenges.
Sources
Gigantul chinez al bateriilor CATL, furnizor Tesla, îşi extinde masiv operaţiunile globale: De ce contează acest lucru pentru piaţa auto electrică
Gigantul chinez al bateriilor CATL, furnizor Tesla, își extinde masiv operațiunile globale: De ce contează acest lucru pentru piața auto electrică
Furnizorul chinezesc al bateriilor pentru Tesla se extinde în Europa, schimbând radical încărcarea vehiculelor electrice
Latest News
18:10
Russia promises an “adequate and firm” response after the Republic of Moldova expelled a Russian diplomat following the drone scandal in Telenești
18:00
The Republic of Moldova expels an employee of the Russian Embassy following the crash of a drone carrying explosives in Telenești District
17:53
Mass protests in Tirana: Hundreds of citizens are gathering on Saturday to denounce corruption and demand the resignation of Prime Minister Edi Rama
17:39
ANSVSA begins vaccinating sheep and goats on Sunday in Constanța and Tulcea
17:25
A woman and a man have admitted to abducting two newborns and face up to four years and four months in prison
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
