CATL aims for global domination
It tripled production capacity for lithium-ion car batteries in past year to meet demand
Ningde, China
A DUSTY village on the outskirts of Ningde, a third-tier city in China's south-east, seems an unlikely place for the headquarters of a potential global leader in future automotive technology.
Yet China's top-down industrial policy diktats - move up the value chain, clean up polluted urban skies, and shift to plug-in cars - have Contemporary Amperex Technology Ltd (CATL) poised to go from hometown hero to national champion, and beyond.
Share with us your feedback on BT's products and services
TRENDING NOW
DBS CEO Tan Su Shan strikes upbeat tone on deposits, wealth growth after strong Q1
How China’s young workers are securing their future even as AI disrupts job market, triggers pay cuts
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Malaysia’s 8th richest man Jeffrey Cheah wants Sunway business to last 10 generations