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02-28-2020, 03:34 AM
Filed under: Green (https://www.autoblog.com/category/green-auto-news/)
https://o.aolcdn.com/images/dims3/GLOB/crop/5894x3316+0+390/resize/800x450!/format/jpg/quality/85/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-images/2020-02/67eafd20-59a9-11ea-bfd7-a000225b88ec CATL , China's top electric vehicle battery maker, said it aims to raise up to 20 billion yuan ($2.85 billion) in a private placement of shares to fund its battery projects and boost working capital. The fundraising will help CATL to expand its battery-making capacity in Fujian, Jiangsu and Sichuan, as well as an energy storage research project, the company said in a filing to the Shenzhen stock exchange late Wednesday. In a separate filing on Wednesday, the battery maker said it plContinue reading China's CATL aims to raise $2.85 billion for EV battery projects (https://www.autoblog.com/2020/02/28/catl-electric-car-battery-maker-funding/)
China's CATL aims to raise $2.85 billion for EV battery projects (https://www.autoblog.com/2020/02/28/catl-electric-car-battery-maker-funding/) originally appeared on Autoblog (https://www.autoblog.com) on Fri, 28 Feb 2020 06:30:00 EST. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
Permalink (https://www.autoblog.com/2020/02/28/catl-electric-car-battery-maker-funding/) | Email this (https://www.autoblog.com/forward/2212454/) | Comments (https://www.autoblog.com/2020/02/28/catl-electric-car-battery-maker-funding/#comments)
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https://o.aolcdn.com/images/dims3/GLOB/crop/5894x3316+0+390/resize/800x450!/format/jpg/quality/85/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-images/2020-02/67eafd20-59a9-11ea-bfd7-a000225b88ec CATL , China's top electric vehicle battery maker, said it aims to raise up to 20 billion yuan ($2.85 billion) in a private placement of shares to fund its battery projects and boost working capital. The fundraising will help CATL to expand its battery-making capacity in Fujian, Jiangsu and Sichuan, as well as an energy storage research project, the company said in a filing to the Shenzhen stock exchange late Wednesday. In a separate filing on Wednesday, the battery maker said it plContinue reading China's CATL aims to raise $2.85 billion for EV battery projects (https://www.autoblog.com/2020/02/28/catl-electric-car-battery-maker-funding/)
China's CATL aims to raise $2.85 billion for EV battery projects (https://www.autoblog.com/2020/02/28/catl-electric-car-battery-maker-funding/) originally appeared on Autoblog (https://www.autoblog.com) on Fri, 28 Feb 2020 06:30:00 EST. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
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