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CATL Invests $1.87B to Expand Production of New Energy Batteries in Xiamen
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CATL Invests $1.87B to Expand Production of New Energy Batteries in Xiamen

Sep 07, 2022
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CATL Invests $1.87B to Expand Production of New Energy Batteries in Xiamen
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CATL Invests $1.87B to Expand Production of New Energy Batteries in Xiamen
(Source: Electrive)

China’s leading battery firm, Contemporary Amperex Technology Co., Ltd. (CATL), stated on September 6 that its subsidiary Xiamen Times’ new energy battery base (phase I) has officially started in Xiamen, Fujian Province, with a total investment of no more than 13 billion yuan ($1.87 billion), mainly intended for building power batteri…

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