Avatr Technology (Chongqing) Co., Ltd. plans to secure finances worth 2.42 billion yuan ($378 million) with three new investors, including Chinese battery giant CATL.
On Tuesday, Fisker, an American electric vehicle start-up, published an article on its official website announcing its cooperation with Contemporary Amperex Technology Co., Limited (CATL), a lithium battery giant.
Contemporary Amperex Technology Co., Limited (CATL), a major Chinese producer of batteries, released its Q3 quarterly earnings yesterday, showing revenue of $4.58 billion in the period, up 130.7% year-on-year.
A recent report said that "a brokerage firm finds that a leading company in the lithium battery industry is massively promoting natural graphite." CATL denies it.
