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China’s CATL files for secondary listing in Hong Kong to fund expansion

TechNode

Shenzhen-listed battery giant CATL has applied to list in Hong Kong and plans to use the proceeds to fund the construction of a new 100 gigawatt-hours (GWh) battery pack factory in Hungary, in what could be the largest fundraising exercise in the city since early 2021. The company could raise more than $5 billion, Bloomberg had reported.

Hungary 59
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CATL to announce new factory in Europe this year: executive

TechNode

The companys second regional factory is on track to begin production with an annual capacity of 40 GWh in the first phase in Hungary in the second half of 2025; its first European plant opened in the German state of Thuringia in 2022. Jiemian, in Chinese ]

Europe 52
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Stellantis and China’s CATL announce new 50 GWh battery plant in Spain

TechNode

The first phase of the 4.1 The first phase of the 4.1 The company aims to complete construction of a site in Hungary capable of producing 100 GWh of batteries within two years, and its first regional plant began operations in the German state of Thuringia in early 2023. billion ($4.3 billion ($4.3

Spain 52