BRIEF: CATL in talks to acquire Nio’s battery-swapping unit
Battery giant CATL (300750.SZ) is planning to acquire electric vehicle (EV) maker Nio’s (NIO.US; 9866.HK) battery-swapping unit, Nio Power, according to Reuters, citing unnamed sources familiar with the matter. It…
BRIEF: CATL gets Chinese regulatory nod for Hong Kong listing
Leading electric-vehicle (EV) battery maker Contemporary Amperex Technology Co. (300750.SZ), or CATL, received a listing approval notice from the China Securities Regulatory Commission (CSRC) on Tuesday — a necessary step…
BRIEF: Strong growth, greater efficiency charge up CALB’s annual profit
Lithium-ion battery maker CALB Group Co. Ltd. (3931.HK) announced on Monday it expects to report its 2024 net profit rose 80% to 100% to between 786 million yuan ($108.5 million)…
CATL to recharge its offshore output with new shares
The world’s leading maker of electric car batteries has filed for a secondary listing in Hong Kong, aiming to boost its production capacity outside China Key Takeaways: The company said…
Octillion Energy banks on India to power new IPO bid
The EV battery system maker has made significant inroads into India this year, which reportedly include new orders from domestic giant Tata Motors Key Takeaways: Octillion Energy has filed for…
Zenergy seeks IPO charge-up in overheated battery landscape
The electric vehicle battery maker is following in the footsteps of many of its peers by selling shares to fund its operations Key Takeaways: Zenergy has filed for a Hong…
CALB Taps Into EV Battery Fever With Hong Kong IPO Plan
China’s No. 3 electric vehicle battery maker reportedly hopes to raise up to $1.5 billion, becoming Hong Kong’s biggest listing so far this year Key Takeaways: EV battery maker CALB…
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