World’s biggest battery maker CATL to raise $5bn
CATL, world's largest battery maker, plans to raise $5 billion amid rising foreign investor interest in renewable energy stocks.
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catl, the world's largest battery maker, plans to raise $5bn. the chinese company is tapping into a surge in foreign investor interest in renewable energy stocks, a trend that has picked up since the outbreak of war in iran. the fundraising comes as catl continues to dominate the global battery market, supplying major automakers including tesla and bmw.
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