{"id":13350,"date":"2021-08-17T09:34:47","date_gmt":"2021-08-17T01:34:47","guid":{"rendered":"https:\/\/battery9999.com\/en\/?p=13350"},"modified":"2021-08-17T09:34:47","modified_gmt":"2021-08-17T01:34:47","slug":"chinas-catl-looks-to-raise-9-bn-to-expand-lithium-ion-battery-production","status":"publish","type":"post","link":"https:\/\/battery9999.com\/en\/chinas-catl-looks-to-raise-9-bn-to-expand-lithium-ion-battery-production\/","title":{"rendered":"China’s CATL looks to raise $9 bn to expand lithium-ion battery production"},"content":{"rendered":"

August 13, 2021<\/p>\n

\"\"<\/p>\n

SHANGHAI, – Chinese battery giant\u00a0CATL<\/a>\u00a0said it was planning a private share placement to raise up to 58.2 billion yuan ($8.98 billion) to fund six projects aimed at boosting its production capacity of lithium-ion batteries.<\/p>\n

The massive fundraising comes as the Ningdo-based firm – formally Contemporary Amperex Technology Co Ltd – expands battery manufacturing capacity around China and in Germany.<\/p>\n

It will also be used to build several battery factories in Fujian, Zhejiang and Guangdong provinces in China and to boost capital, CATL said in a statement late on Thursday. In addition, it will use the capital to develop battery technologies for energy storage facilities.<\/p>\n

Source:catl expansion: China’s CATL looks to raise $9 bn to expand lithium-ion battery production, Auto News, ET Auto (indiatimes.com)<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

August 13, 2021<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[113],"tags":[],"class_list":["post-13350","post","type-post","status-publish","format-standard","hentry","category-industrial-news"],"yoast_head":"\nChina's CATL looks to raise $9 bn to expand lithium-ion battery production - \u660c\u8467\u80a1\u4efd\u6709\u9650\u516c\u53f8<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/battery9999.com\/en\/chinas-catl-looks-to-raise-9-bn-to-expand-lithium-ion-battery-production\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China's CATL looks to raise $9 bn to expand lithium-ion battery production - \u660c\u8467\u80a1\u4efd\u6709\u9650\u516c\u53f8\" \/>\n<meta property=\"og:description\" content=\"August 13, 2021\" \/>\n<meta property=\"og:url\" content=\"https:\/\/battery9999.com\/en\/chinas-catl-looks-to-raise-9-bn-to-expand-lithium-ion-battery-production\/\" \/>\n<meta property=\"og:site_name\" content=\"\u660c\u8467\u80a1\u4efd\u6709\u9650\u516c\u53f8\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-17T01:34:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/battery9999.com\/wp-content\/uploads\/2021\/08\/2021-08-17_093357.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"615\" \/>\n\t<meta property=\"og:image:height\" content=\"407\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"DPC\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"DPC\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/battery9999.com\/en\/chinas-catl-looks-to-raise-9-bn-to-expand-lithium-ion-battery-production\/\",\"url\":\"https:\/\/battery9999.com\/en\/chinas-catl-looks-to-raise-9-bn-to-expand-lithium-ion-battery-production\/\",\"name\":\"China's CATL looks to raise $9 bn to expand lithium-ion battery production - 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