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Chinese battery giant CATL disclosed its third-quarter financial report on October 21, showing its revenue reaching 97.4 billion yuan ($13.4 million) in the third quarter and 210.34 billion yuan ($29 million) in the first three quarters.
Chinese battery giant Contemporary Amperex Technology Co., Limited (CATL) has sold 109.76 million shares at 410 yuan ($61.12) apiece in an A-share private placement, raising 45 billion yuan, it said in a statement on Wednesday.
The annual production capacity of Tesla's Shanghai Energy Storage Super Factory is expected to be 40GWh, equivalent to 10,000 Megapack batteries.
A signing ceremony was held in Wuhan, China on July 12, during which NIO-backed Weineng Wuhan Battery Asset Co., Ltd. entered into cooperation agreements with upstream and downstream partners across the industrial chain.
Hello Inc. launched a new smart flagship electric two-wheelers, the ME70, on Tuesday, powered by a 72V-44Ah automotive-grade lithium battery from CATL, and has a range of up to 200 kilometers.