Listing in Hong Kong means wider integration of CATL into the global capital markets, its chairman said.
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Category: Battery News
CATL rose about 8 percent to HK$284 in Hong Kong gray market trading as of press time.
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The battery production base is being built in three phases, with the first phase of 60 GWh already in operation.
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Gotion's Gemstone all-solid-state battery has been loaded into vehicles and tested on the road.
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CATL launched a "75#" standardized battery swap pack for heavy-duty trucks, following a similar move for passenger cars last December.
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CATL's issue size adjustment option will be exercised and it will raise about HK$35.66 billion ($4.57 billion) in total.
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CATL and Changan Mazda will jointly build NEVs based on CATL's CIIC skateboard chassis.
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BYD's share rose 1.83 percentage points in April from March, while CATL's fell 2.94 percentage points.
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CATL vice chairman Li Ping, a Fudan University alumnus, is donating to establish a research fund.
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CATL plans to use about 90 percent of the proceeds for its project in Hungary.
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