CATL aims to raise $2.85B for EV battery programs
Auto February 27, 2020, 0 Comment 8CATL, China’s top electric-vehicle battery maker, is seeking to raise up to 20 billion yuan ($2.85 billion) in a private placement of shares to fund expanded battery output in Fujian, Jiangsu and Sichuan, undertake an energy storage research project, and increase working capital.
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