CATL's issue size adjustment option will be exercised and it will raise about HK$35.66 billion ($4.57 billion) in total.
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CATL's issue size adjustment option will be exercised and it will raise about HK$35.66 billion ($4.57 billion) in total.
For details, please visit CnEVPost.
BYD's share rose 1.83 percentage points in April from March, while CATL's fell 2.94 percentage points.
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CATL plans to use about 90 percent of the proceeds for its project in Hungary.
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The Tener Stack system is capable of charging around 150 EVs or powering an average home for six years.
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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.
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CATL's joint venture in Indonesia plans to build a battery cell manufacturing plant with an annual capacity of 15 GWh.
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BYD's share increased by 0.90 percentage points in March from February, while CATL's fell by 2.07 percentage points.
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CATL and BYD's combined EV battery installed capacity in January-February was 71.5 GWh, accounting for 55.1 percent of the global total.
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CATL received approval from the CSRC to proceed with its listing on the main board of the Hong Kong Stock Exchange.
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CATL will increase its bet on Mirattery, in addition to advancing its investment in Nio Power, according to local media.
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