Stocks: CATL is hoping to raise $5 billion

Battery maker CATL wants to raise fresh capital through a private placement of Hong Kong shares. The funds are to be used for global expansion.

MG
29. April 2026
Wind power and battery storage GERMANY, wind energy substation and large battery storage station to store regenerative electric power of wind turbines, battery cells of chinese battery producer Contemporary Amperex Technology CATL *** DEUTSCHLAND, Schleswig-Holstein, Reußenköge, Umspannwerk Bürgerwindpark und Batteriespeicherstation für Windstrom, Batteriezellen des chinesischen Unternehmen Contemporary Amperex Technology CATL Bredstedt Schleswig-Holstein Deutschland
CATL also plans to expand in Europe. (Imago)

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Last updated: 29. April 2026