Contemporary Amperex Technology Co. Ltd., or CATL, controls more than a third of the global market for EV batteries and is seeking to expand overseas even as it faces political obstacles in the United States.

Shares of Contemporary Amperex Technology Co., or CATL, soared more than 16% in their Hong Kong trading debut Tuesday after the Chinese electric vehicle battery maker raised more than $4.5 billion in the world's largest listing this year.

China has become a global leader in electric cars and car tech, with one of the highest personal EV adoption rates in the world. But it's also ahead of everyone else when it comes to electric heavy-duty truck sales.

Shares in China’s Contemporary Amperex Technology (CATL), the world’s largest electric vehicle battery maker, have surged as much as 18% on its first day of trading in Hong Kong, shrugging off geopolitical uncertainties.

With its subsidiary CharGo, Chinese battery maker CATL is accelerating plans to deploy mobile EV charging robots globally. The goal is to secure a 20% share

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BEIJING: Chinese battery giant CATL, which soared on its Hong Kong debut Tuesday (May 20), is a domestic success story with a risk-taking founder and global ambitions - but has found itself in the cro

“This year, all CATL battery factories will achieve carbon neutrality,” Robin Zeng Yuqun, founder and chairman, said before the company’s debut on the Hong Kong stock exchange on Tuesday. “This listing signifies our deeper integration into the global capital markets and marks a new milestone in our mission to drive the global zero-carbon economy.”