Latest news with #batteryindustry
Yahoo
24-05-2025
- Automotive
- Yahoo
What Is China's 'Lithium City'?
The surging popularity of electric vehicles has transformed Yichun, in Central China, into the country's lithium mining capital. But the incessant grind feeding the world's leading battery industry masks the reality that very few of those operating here are making a profit. Bloomberg's Dan Murtaugh reports. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
23-05-2025
- Automotive
- Bloomberg
What Is China's 'Lithium City'?
The surging popularity of electric vehicles has transformed Yichun, in Central China, into the country's lithium mining capital. But the incessant grind feeding the world's leading battery industry masks the reality that very few of those operating here are making a profit. Bloomberg's Dan Murtaugh reports. (Source: Bloomberg)
Bloomberg
22-05-2025
- Automotive
- Bloomberg
China's Lithium City Is a Front Line of the Battery Trade War
The growl of extractors echoes across the vast mountaintop mines of Yichun in central China. A procession of heavy-duty trucks rolls down the valley to waiting refineries, where shipments of gray ore are processed into a battery material vital to the world's energy transition — lithium. The surging popularity of electric vehicles has transformed this once threadbare area into the country's lithium mining capital. But the incessant grind feeding the world's leading battery industry masks the reality that very few of those operating here are making a profit.
Bloomberg
21-05-2025
- Business
- Bloomberg
David Webb Warns About CATL's Low Free Float in Hong Kong
Contemporary Amperex Technology Co. Ltd. 's recent Hong Kong stock offering, the world's largest listing this year, prompted a local activist investor to warn about the concentration of its shareholdings. Hong Kong only accounts for only 3.4% of all of the Chinese battery giant's shares as they're also listed in Shenzhen. Almost half of the ones in Hong Kong, or 77.46 million shares, are locked up from being sold until Nov. 19, leaving only a proportionally small number available as 'real free float,' David Webb said in his website.
CNA
20-05-2025
- Automotive
- CNA
World's biggest EV battery maker CATL's shares soar over 16% in Hong Kong debut
Shares in Contemporary Amperex Technology Company (CATL) — the world's largest electric vehicle battery maker — soared more than 16% in the world's biggest IPO this year in a secondary listing in Hong Kong. CATL, already listed in Shenzhen, has 13 battery manufacturing bases globally. The firm plans to use the IPO funds raised for the construction of its EV battery production factory in Hungary. May Wong reports.
