China battery giant CATL plans $2b IPO to fund expansion

Photo: REUTERS/JASON LEE

Chinese battery giant Contemporary Amperex Technology Co Ltd (CATL) is planning a 13.1 billion yuan ($1.97 billion) initial public offering in Shenzhen to drive its expansion and meet soaring demand for electric car batteries.

Continue reading this story with a subscription to DealStreetAsia.

Subscribe