Contemporary Amperex Technology Company Limited, the global leader in EV battery manufacturers, is now planning a secondary public offering on the Hong Kong Stock Exchange to raise not less than US $5 billion. This is part of the company’s strategy to support the international expansion of its operations which covers projects in Hungary, Spain and Indonesia. CATL is headquartered in …

Contemporary Amperex Technology (CATL) and LG Chem, two of the world’s leading manufacturers of electric vehicle ( EV) batteries, have announced that they will join projects that, according to the country’s government, could see US$ 20 billion (S$27.2 billion) more invested in Indonesia’s supply chains. Last month, the companies signed separate heads of agreement with Aneka Tambang to manufacture higher …