Chinese Battery Giant CATL Raises $6.7 Billion in Share Sale

Tesla Inc. battery supplier Contemporary Amperex Technology raised about $6.7 billion in one of the world’s biggest share sales this year, showing the relative resilience of China’s market for stock offerings.

The deal also reflects continued investor appetite for some new-energy-related investments—even as share prices for many U.S.-listed electric-vehicle manufacturers have tumbled in recent months.

Stay connected with us on social media platform for instant update click here to join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest Technology News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! TechiLive.in is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – admin@techilive.in. The content will be deleted within 24 hours.
Exit mobile version